I think the thing we see is that as people are using video games more, they tend to watch passive TV a bit less. And so using the PC for the Internet, playing video games, is starting to cut into the rather unbelievable amount of time people spend watching TV. ↗
Let me start with Yahoo. As we meet today, a Chinese citizen who had the courage to speak his mind on the Internet is in prison because Yahoo chose to share his name and address with the Chinese Government. ↗
So rather than face the bitter truth, China has placed severe restrictions on the Internet and enlisted America's high-tech companies as their Internet police. ↗
It's more egalitarian on the Internet - anyone can put anything up. But in terms of the money it takes to allow a band to get good, there's less of it to invest. ↗
But I'm acutely aware that the possibility of fraud is even more prevalent in today's world because of the Internet and cell phones and the opportunity for instant communication with strangers. ↗
I think almost every newspaper in the United States has lost circulation due to the Internet. I also think the Internet will lead to a lot of plagiarism in journalism. ↗