Potential Growth Of The Internet Term paper

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The Internet

The 1990 s will go down in history as the decade that witnessed the birth and explosion of a worldwide revolution. A revolution that, in a matter of a few years, affected a sizeable portion of the world s population, not only by enriching their daily lives but by changing their very existence. This revolution has come to be known as the Internet, a network of network s . What started out as a Military maneuver to counter a nuclear threat has now turned into a into a medium through which millions of people communicate, conduct business, seek and attain education, and even entertain themselves. In short, it would not be an exaggeration to state that a growing number of people exist through the Internet. Every day, thousands of people "go online" for the first time to explore this exciting new medium. However, the development of this dynamic new environment is still in its infancy providing adequate proof of the role that it will play in the future.

The Internet s Astounding Growth

In the few short years since it became a part of people s everyday lives, the Internet has managed to link communities together in an unparalleled fashion. The medium s growth rate has been nothing less than phenomenal. In 1990 only a small cadre of researchers knew what the Internet was. By mid-1999, worldwide, 150 million individuals were connected to the Internet. Some estimates suggest that worldwide there soon will be as many as one billion people online.

More than 50 million American households and millions of businesses, schools, libraries and other institutions have access to the Internet, and that number is growing rapidly. Network traffic continues to double every 100 days, and Jupiter Communications, a leading Internet analyst firm, projects that almost 55 percent of the U.S. population will be online by 2002. The Internet today has been compared to the telephone in the 1920s or television in the 1950s. And yet, while it took the mass market almost three decades to adopt the phone and TV, the Internet has been adopted on a mass scale within just five years. The reason is that unlike radio and television, the Internet is open, interactive and...

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