The article contains general definition of the phenomenon of hypertext and the Internet in a virtual consciousness philosophy of post-modernism. Describes the phenomenon of hypertext as nonlinear forms of computer and literary texts, its structural units and the main aspects of the organization of hypertext. The article contains the detailed analysis of publications on the issue of hypertext and the history of investigation of this problem. The specific features which allow defining of hypertext as the brand new phenomenon are analyzed in the article. Among them we can mention the following points: - Hypertext is constantly updateable, amendable, editable; - Hypertext has neither any set beginning or the end nor any hierarchical structu...