Information and Network Response
I would have to say that the lawI most agree with would be Sarnoff's Law. Sarnoff's law states that the value of a broadcast network is directly proportional to the number of viewers. Another way to define Sarnoff's law is the value of a network increases linearly with the number of people on it. This law can easily be applied to many traditional broadcasting mediums, such as, television, radio, and the internet.When looking at the internet specifically, it is easy to see how this network gains value in the way that Sarnoff describes network value. When you look at websites like YouTube or Facebook, the number of likes/views are counted and valued. The more likes/views the website has, the more useful the website can be. This is especially true when those larger websites like YouTube and Facebook count on massive advertising campaigns to create revenue for themselves and the more views that site can create mean more views for that advertising campaign.
Five years from now I think that people will get their information the same way that they get it today. There will still be newspapers, radio, magazines, and television, but there will be a much larger focus on the internet as a medium. I think that the internet will become a larger focus for us, in news, entertainment, and for education. The news websites that exist now will have an even larger value and will have more influence than ever before. The internet is also growing and is becoming more accessible than ever. I think that this growth pattern will continue growing exponentially upward.
The evolution of the technology we use today is driving the growth of the internet and crating more and more value for it. The more users on the internet, the higher it's value as a medium for news and entertainment. Technology makes the internet more easily accessible. Inventions such as the smart watch and Google Glass make the internet accessible anywhere you have cell service or wifi. More creations like these are on the horizon, and five years from now I think that every part of our lives will be integrated to work directly with the internet, giving the internet more value than ever before.
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