Trips Encounters the Internet : An Analogue Treaty in a Digital Age, or the First Trade 2.0 Agreement?

As the internet assumes a central place in commerce, communications and governance, with a strong international dimension, how does the TRIPS Agreement appear now - is it 'wired' - a timely trade pact that foreshadowed the growth in trade in IP; or 'tired' - an approach to IP regulation that is rooted in a bygone world of discrete national jurisdictions and an assumption that trade in IP can be regulated as a subset of trade in goods; or indeed 'expired', superseded by a new commercial and information space that renders redundant notions of sovereign borders and 'trade' as essentially an exchange in physical goods? Is TRIPS essentially an analogue era treaty in a digital age (using these terms in a mostly metaphorical sense), or was it a forward looking, even prescient, trade agreement, hard-wired, as it were, to retrofit the internet and the rise in trade in digital products?