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The Internet Is 20% Of Economic Growth [Headlines]

The Internet Is 20% Of Economic Growth [Headlines]

McKinsey report says that the internet is a huge driver of economic growth.

Piers Fawkes, PSFK
  • 25 may 2011

McKinsey report says that the internet is a huge driver of economic growth. Internet as a sector is about 3% of GDP, or bigger than agriculture or energy, and represents over 20% of economic growth in the past 5 years, and growing. For every job that the Internet destroys, 2.6 new net jobs are created. Business Insider