I ran into the debate yesterday when CNET published this summary and rebuttal on their site.
I like the premise — that IT is becoming a commodity and needs to be managed that way. Lots of interesting parallels to other industries — electricity, railroads and (a new one for me) machine tools. There's been a very healthy debate over the article, which Nick has collected on this page for your reading enjoyment.
This is another angle on my earlier rant about why tech startups are a dead end.