I know i'm Sticking on one thing befor moving on... >_< gomenosai...!
Emerging Trends
o Trends that have emerged in regards to the internet is above all a shift towards online transactions with venders including but not limited to Online Shopping and Online Banking.
o Information is readily available as people find it more accessible, flexible, timeous to find information on the internet as apposed to traditional media e.g. books.
o Also a significant development is the boom of online chat rooms with more and more people using the internet as a medium to socially interact for example Facebook.
o The internet has become essential for personal and business communication; Emailing has replaced post and fax as the most effective method of communication.
o Almost all documents are now in electronic format and can be sent to other people over the internet
o Another trend is online data bases, where data can be stored on the internet and can be accessed from a remote location at any time of day or night.
Effect on Business and Politics
o With regards to Online Shopping, this has major impact on the way we do business; e.g. a reduction in show rooms when selling larger items, less human interaction, lower paper transactions etc, and a greater ease of use for the customer.
o Online Banking has provided a convenient means to transfer amounts, make payments etc. with intangible money, and removed the hassle of standing in a queue at the Bank, thus becoming a preferred method of interaction.
o Internet profiles of companies are readily available, and provide effective advertising and informational purposes that is cheap and effective, business opportunities are readily found, and a company can enhance its presence by making information about it known on the internet, which is immensely beneficial.
o Chat rooms and social networking sites provide a new means of meeting people, without actually meeting to them face to face. This is also seen in business, where some companies interact with their clients via an internet discussion.
o Many companies form networks and supply chains via the internet to serve their clients, as orders are placed online and processed by the different stakeholders.
o Politicians also have their own sites and blogs with which they can interact with their voters on a new, more personal level than at a rally.
o Online voting is also becoming more feasible, as data is evolving to an electronic format.
o Online databases and server access is also enabling the practice of working from home more viable, and business is moving towards this approach as it provides greater flexibility to employees.
What other things will be affected?
o Interaction with other people will become less personal and move more to the electronic space. It is not unusual to have a lot of online contacts spread geographically across the globe and not have met any of them. Many people are also resorting to online dating as an alternative to more traditional venues to find a partner.
o Data sharing is now electronic, and media such as movies etc is transferred to other people via the internet, and available for download from a website, thus quickly removing the need for buying music CDs and DVDs.
o As more formats are becoming electronic, the need for libraries etc. are becoming less certain, as books and resources are available online.
o The more technology grows, the more the internet develops and becomes integral to more and more areas of our lives.
“Hot†technologies
o Search engines such as Google and Yahoo, internet technologies that can browse through millions of sites in a few seconds and filter them according to a keyword, are becoming more valuable, and viable businesses on their own.
o Tools such as RSS feeds that send updates on topics that interest individuals straight to their Inbox are an increasingly popular and useful technology – especially News Feeds.
o Tools such as MSN and the more advanced Skype, capable of sending messages and even video and audio conversations between two people with no geographical limitation.
o Social Networking sites like Facebook are being used as a personal profile for individuals and a centre for social interaction.