The Internet provides the access to resources, so it's incumbent upon the people who control those resources to make sure that the economic engine stays intact.
Sentiment: NEGATIVE
The thing we have to be careful of is that the Internet is a global communications medium, and if one country tips the balance in regulating its use or regulating what companies or individuals do on the web, it could have an economic impact that might be unintended, quite frankly, by the regulations themselves.
Look at electricity in human history - it took a few decades for electricity to really revolutionize the American economy. And the Internet will be the same. At some point in the future, we will arrive at a new era of low-hanging fruit.
Sooner or later the Internet will become profitable. It's an old story played before by canals, railroads and automobiles.
The internet has become one of the motors of the 21st century economy, allowing all of us to reach a global audience at a click of a mouse and creating hundreds of thousands of businesses and millions of jobs.
It seems pretty clear that the Internet has an important economic role to play for China as it reaches out to the rest of the world.
We know that for every 1 person who get access to the Internet, one new job gets created, and one person gets lifted out of poverty. So in theory, going and connecting everyone on the Internet is a large national and even global priority.
There are massive efforts on the part of the internet's corporate owners to try to direct it to become a technique of marginalisation and control.
The Internet is a bright spot for our struggling economy and functioning just fine without what amounts to a federal pat-down of the inner workings of the Internet.
What the Internet has done is it has decentralised power.
There is an underlying, fundamental reliance on the Internet, which continues to grow in the number of users, country penetration and both fixed and wireless broadband access.
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