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The internet is, of course, rapidly reducing the importance of paper magazines.
The days of booming PC sales have ended, and Internet-based software is reducing the importance of Microsoft's operating system.
As for the prospects of reducing the importance of the Middle East to global oil supplies, forget it.
This could profoundly alter the economic geography of South-East Asia, much reducing the importance of Singapore's and Malaysia's container terminals as trans-shipment points.
Exchanges like the American Stock Exchange and the Chicago Board Options Exchange, he said, will increasingly make money from electronic processing of trades and less from people trading on the floor, thus reducing the importance of seats.
It will be built under the Baltic Sea, thus reducing the importance of Ukraine, Belarus and Poland as transit routes for Russian gas deliveries to Western Europe, but also increasing these countries' dependence on Russian gas.
Similar(22)
That reduces the importance of wage rates.
The heavy media attention somewhat reduces the importance of paid advertising and, therefore, of money.
Devolution to Scotland, Wales and Northern Ireland has meanwhile reduced the importance of Westminster outside England.
The attacks have reduced the importance of the job search in everyone's mind, Mr. Day said.
"Corruption offends and humiliates workers, reduces the importance of honest work," Rousseff said in a speech to announce the measures.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com