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October 6, 2012 06:05 pm

Ad Group Says Internet Accounts For 5.1M US Jobs, 3.7% of GDP


lpress writes "A Harvard Business School study sponsored by the Interactive Advertising Bureau shows that the ad-supported Internet is responsible for 5.1 million jobs in the U.S. — two million direct and 3.1 million indirect. They report that the Internet accounted for 3.7% of 2011 GDP. The research, development and procurement that launched the Internet back in the 1970s and 1980s cost the US taxpayers $124.5 million at the time — not a bad investment!" Your calculations may vary.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/mkx2nPFFfBs/ad-group-says-internet-accounts-for-51m-us-jobs-37-of-gdp

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