The Web Economy/02

Completion status: this resource is ~50% complete.
Type classification: this is a lesson resource.
Educational level: this is a tertiary (university) resource.

The Web Changes EverythingEdit

This is a lesson part of the module The Web Economy out of the Open Source ERP/Executive Diploma course conducted by a private university.


  • The 'Internet Changes Everything'[1] is another phrase circulated by another global IT entity some time ago during the beginning of the web era.
  • In the real world there is a gap between the Have and Have-Nots. In the virtual world it is the Know and Know-Not. This digital divide still reflects a bias in favour of the west[2] and developed nations versus the emerging economies. So what really changed?
  • Poorer nations are still consumers, whereas richer nations are the chief producers of information, content and applications.
  • Alvin Toffler regards new wealth as been created from nowhere (cyberspace) and noted that its done through prosuming[3].


  • Who is the IT entity that coined such a slogan and why?
  • What has changed and what has not?
  • How does it change the software industry?
  • Are emerging economies using the web to become info-producers and thriving on it?
  • This course is an example of prosuming where the students help create this course as it goes along. Discuss what advantages this novelty has over conventional courses. Do you agree with such a concept for yourself as a student?


  • Publish your works in an attractive manner in your user page, stating your own views and findings providing links to your sources. Use the talk page here to score marks.
  • Create or edit sub-pages of course materials within wikiversity.
  • Discuss in the forum (link shall be provided) by offering your ideas and answering or comment on others' postings.



Links to Student NotesEdit

(Provided by Students - subject to edit ranking by tutor)

Notable Links to ResourcesEdit

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(Done in wikiversity as course material by the students under the guidance of the tutor)

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