Sunday, January 24, 2016

World Bank report on the internet and development

According to a New York Times article, The World Bank recently released a report (World Development Report 2016: Digital Dividends) which had both positive and negative findings regarding the impact of the internet.
"Those who are already well-off and well-educated have been able to take advantage of the Internet economy, the report concluded pointedly, and despite the expansion of Internet access, 60 percent of humanity remains offline."
"...the vast changes wrought by technology have not expanded economic opportunities or improved access to basic public services in ways that many had expected. Rather, the report warned darkly, Internet innovations stand to widen inequalities and even hasten the hollowing out of middle-class employment."
"...it also takes pains to say that expanding access will not be enough for citizens to take advantage of the benefits. It also recommends enabling companies to compete, strengthening the skills of workers so they can obtain the new jobs and making government institutions accountable."