[LINK] Internet rivals iron ore in economic value: report

[Tom Koltai]

> -----Original Message-----
> From: link-bounces at mailman.anu.edu.au 
> [mailto:link-bounces at mailman.anu.edu.au] On Behalf Of Kim Holburn
> Sent: Wednesday, 3 August 2011 7:25 PM
> To: Link list
> Subject: [LINK] Internet rivals iron ore in economic value: report
> 
> 
> http://www.abc.net.au/news/2011-08-03/internet-rivals-iron-ore
> /2821324?section=business
> 
> > Internet rivals iron ore in economic value: report
> > 
> > Online business reporter Michael Janda
> > Updated August 03, 2011 14:32:17
> > 
> >  Video: Internet contributed $50b to Australia's economy (ABC News)
> > Photo: Internet related industries are forecast to grow at around 
> > double the pace of the overall Australian economy. (Nic 
> MacBean, file photo: ABC News)
> > Audio: Australian digital economy tops $50b (AM)
> > Map: Australia
> > A report shows the internet has become as valuable as iron 
> ore exports to the Australian economy.


That's bad.

The tongue in cheek P2P numbers I did in 2009 showed the value of the
Internet back then was 47.6 billion.
This report obviously means that that GFC is having a deleterious effect
on internet growth and it is slowing.

[1] In Australia P2P is Big Business http://www.p2pnet.net/story/22452