Virtual vs In-Person Discussion

Well yesterday we had an interesting debate in class about which method was superior for working and having meetings, either in-person or virtually. Of course this topic can be fairly charged and for a portion of the class it was. My group had to defend the notion that working virtually was superior to working face to face. I think we made some decent points about potential cost savings and increasing the potential labor pool. I found the discussion to be quite interesting. In the end everyone agrees that a combination of both methodologies is the best approach but that the real path toward expansion in the global economy is with virtual technologies... Oh yeah and be prepared for Generation Y or the Digital Generation or whatever they are called. They are going to screw up the way we do meetings like crazy!!