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How much information is already outdated on the internet? A lot, in short, there is a need to make lots of changes especially to sites that have been left unattended to for years. Ok, the Internet overtime has been realized to be a true-fake industry. Some data beyond even being outdated were never in the first place true. And on the other hand, some things that stood true or perhaps factual have been over written.
I was reading through such an article concerning how GDP ( Gross Domestic product) analysis has become obsolete in one way or the other. The fact is, technology is overwriting so many industries.
He made emphasis on the cassette and CD industry and how access to music to videos is NOW at a finger tips. We are talking of millions of music access at one spot. So the issue of how much music or video sales happen yearly cannot be quantified.
Mostly, it is just a monthly subscription and you have access until it expires. Sales may seem down; maybe in direct purchase but supply is even higher and more efficient. I had to reason with him too. Many things seem down but looking in-between it goes much smoother than before.
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Take for instance also, the area of communication and transportation. In short, the new means of transportation is an efficient communication channel that has been triggered through technology.
You can't transport yourself through a voice call and even better, easy video calls through diverse apps. So if we were to ask how many people travel yearly, from here, there is no quantifyable data. These figures whatsoever the analysis may be has been 100x. How many calls do you make daily?
Consider how you would have had to go about from one place to another. At most, you would have met up with two or three due to time constraints. From my business experience, I can attest to the numbers of calls, text and videos I get to put across or even receive from my own end.
Many numbers are fading; we can enter into the internet search industry. For instance, how many people search through the Google search engine. There were times it was easy to give at least a close account. We have seen the rise of AI ChatGPT.
The internet environment is transforming into ‘an ask industry’ rather than ‘a search’. How often are users siding to ask directly from this new technology instead of searching through the bulky and distractible volumes of information.
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In short, it has made internet activities increase. I can say it is much easier to stay on these AI chat apps and ask questions in and out and get instant feedback rather than having to open tabs upon tabs. You can imagine the tedious work that has been eliminated. Take for instance, you could be asking questions concerning technology and instantly switch to agriculture and still get efficient feedback. Whereas in the former internet experience, what has agriculture to do with a web3 or blockchain site?
Many feasibility studies are breaking down and while it may seem a reduction in activities, the Vice is the case. Internet experience has stepped up by a reasonable number. Adding to that, the best part is efficiency.
We can still delve in more, let's also look at the area of education and transactions. How many people are learning daily? In the absence of the internet, this was calculated by the number of schools and their students. Ok, we have also seen school portals being opened online. I am going to look off the areas of accreditations here. When it seems many are not registering for online courses, online learning is even in its increase.
To conclude, let me add, how many make YouTube and other related channels a go to place to learn new things for free? School attendants may be dying down but education in general is still scaling and way more efficient than before. In short, we are talking of more practical learning moving away from being a theologian.
We can also look at the area of transactions. These numbers are becoming unquantifiable. From the introduction of blockchain technology, we have seen some traditional banking activities reducing. This in the process does not mean there is a transaction slowdown. Both pace and transaction volumes have increased.
For instance, we can talk of P2P transactions on decentralized chains. This means there are multiple in-house transactions going on globally before it finally reaches the traditional market. This still boils back to data disruption.
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