Report: Internet-Savvy Consumers to Revolutionize Global Economy; Climate Science Is No More 'Settled' Than the Ever-Changing Climate Itself
Byline: Emily Hoosier, THE WASHINGTON TIMES
A new report says that by 2025 the Internet will transform the global marketplace and create more informed, better connected and wealthier consumers -- for those who can keep up with the technology.
The report released Tuesday by the Pew Research Center surveyed 2,551 experts in technology and finance for their opinions about the effects of growing online activity in the next decade.
Respondents addressed how the Internet will affect social, cultural and political issues going into the future, but many of the experts touched on its ability to optimize the global economy. Information will be even more accessible by 2025, empowering consumers by giving them more tools to research the supply of what they demand.
"By far, the largest impact of the Internet is the ability it gives people to inform themselves," said respondent Bill Woodcock, executive director for the Packet Clearing House. "In that sense, the most important service on the Internet is Wikipedia, followed by things like eBay and TradeMe, and even Amazon, not for the ability they give people to buy things in low-friction ways (which is also important), but for the ability they give people to see what things cost, and what people think about them."
Other experts said, that as Internet users become more connected, they will also become more aware of the issues and struggles of their global neighbors -- enacting more active, grassroots movements. The prediction was rooted in peaceful demonstrations, as well as political uprisings like the Arab Spring, which analysts said would become more of the norm in 2025. …