PPT Slide
- Digital Information-Based, IT Based
- “Internet Is More Important Than the Fed” WSJ Oct 1999 (!?!)
- 60% of Current Economy - Fastest Growing Part, Most Profitable
- The Future of All National Economies
- New Measurements - Fed Bureau of Economic Analysis
- National Acct Change for SW -- from Raw Good to Investment -- Change in GDP
- May Add as much as .3 to Annual GDP -- e.g., If 2.5% Then an Increase of 12%
- Productivity: BEA Will Capture Gains via E-Transaction
- Not Inevitable - Can Be Harmed by Uninformed Policy
- Will Be Framed Increasingly By Global Competition