  The essay consists of three parts. In the first part, it is explained how
theory of algorithms and computations evaluates the contemporary situation with
computers and global networks. In the second part, it is demonstrated what new
perspectives this theory opens through its new direction that is called theory
of super-recursive algorithms. These algorithms have much higher computing
power than conventional algorithmic schemes. In the third part, we explicate
how realization of what this theory suggests might influence life of people in
future. It is demonstrated that now the theory is far ahead computing practice
and practice has to catch up with the theory. We conclude with a comparison of
different approaches to the development of information technology.
