Ten years can be a long time, especially in the life of a dog or the Internet. The last 10 years has seen the Internet grow and develop so fast and so big that it’s hard to fathom any part of modern society trying to function without its use in one way or another. As Fatboy Slim might say in one of his songs, “we’ve come a long way together, through the hard times and the good”
A lot has happened in the world of the Internet over the last 10 years and the infographic (which has been doing the rounds over the last couple of weeks) below illustrates some of its key moments / developments from 2002 – 20012. For example, in 2002, the Internet boasted a measly 569 million users, which translated to 9.1% of the world’s population. In 2012, that number has gone through the roof with an estimated 2.3 billion users, or 33% of the world’s population using the net.
Another formidable statistic is the amount of time which people spend online — in 2002, it was only 46 minutes per day (about the time it took to download four songs); in 2012, it’s four hours a day and rising.
Also highlighted in the infographic are some companies who have paid a steep price for their unwillingness adapt to the changes which the Internet has bought on:
- Blockbuster refused numerous offers to buy Netflix and was reluctant to roll out subscription-based membership. The company filed for bankruptcy on 2010, and was bought at auction by satellite television provider Dish Network. Dish is closing a large number of unprofitable stores and has scrapped plans to make Blockbuster into a Netflix competitor.
- Borders refused to create an online bookstore. It also declared bankruptcy and liquidated its stores in 2011.
- Tower Records was slow to adapt to digital music. It declared bankruptcy twice, in 2004 and 2006. The brand currently exists as an international franchise and an online music store, a shell of its former self.