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The Importance Of The Internet

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The Internet, the single most powerful agent of change in recent history, In the words of Arthur C. Clarke, “Any sufficiently advanced technology is indistinguishable from magic.” The rapid pace and reach of the changes wrought by the Internet indeed has a touch of magic about them.
As a tool available to a fairly wide public, the Internet is only twenty years old, but it is already the key catalyst of the most extensive and fastest technological revolution in history.("Managing in virtual environment
. Part 1. Becoming virtual," n.d.) It is the most extensive because over the past two decades its effects have touched practically every citizen in the world. And it is the fastest because its large-scale adoption is quicker than that of any earlier technology. ("Managing in virtual environment. Part 1. Becoming virtual," n.d.) To put this into perspective—it was 70 years after the invention of the airplane that 100 million people had traveled by air; it took 50 years after the invention of the telephone for 100 million people to use this form of communication. ("Managing in …show more content…
The development of more advanced technology has facilitated smoother surfing on the Internet. People can now access the Internet not only from PCs, but also from the Web TVs, Palm Pilots and mobile phone. The typical online purchaser in the year 2000 was well educated, married, and had a high economic status (Coyle, 2000). Electronic retailing continues to grow in size and importance as increasing numbers of consumers buy online, Imagine life today without the convenience of the Internet. People would actually have to get up out of their comfortable chairs, get in their cars, and drive to the store, the library, the mall, or wherever they wanted to go to purchase the product that they wanted. Many consumers are fed up with conventional

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