1) The document discusses the challenges facing libraries in developing digital strategies and managing digital assets in a changing environment.
2) It notes the difficulty stems from technological convergence and lack of recognized patterns or models, and the impact of digital library research is unclear regarding changing user behaviors.
3) The world is changing rapidly due to factors like limited application platforms, a vendor environment unprepared to support new forms of content, and a history within libraries of consumption rather than contribution. Libraries need to think holistically about their role rather than focusing solely on digital aspects.