« Exit Stage Right | Main | Jack Nicholson Starring in "Good Interview. Bad Haircut." »

January 30, 2011

Internet Money for "Me" but Not for "Thee"

"Will the Internet usher in a new economic growth explosion? Quite possibly, but it hasn’t delivered
very good macroeconomic performance over the last decade. Many of the Internet’s gains are fun — games, chat rooms, Twitter streams — rather than vast sources of revenue, and when there have been measurable monetary gains, they often have been concentrated among a small number of company founders, as with, say, Facebook. As for users, the Internet has benefited the well-educated and the curious to a disproportionate degree, but apparently not enough to bolster median income." -- Incomes Are Stuck on Technology’s Plateau - NYTimes.com

Posted by Vanderleun at January 30, 2011 10:07 AM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

Post a comment

Thanks for signing in, . Now you can comment. (sign out)

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

Remember me?