Com125 Assignment2: A new "Dot-Com"Boom and the current society

What’s a “Dot-com” boom?

YouTube has 100 million video downloads a day, and 73 million viewers a month, and by acquiring it Google has increased the amount of video streams it controls by a factor of 10.
MySpace has 14 million viewers a month - mainly young people, a group that the traditional media is finding hard to reach. And Skype has 53 million users, with its technology widely perceived as a threat to traditional telecoms companies. Many of the acquisitions are about acquiring online communities, the fastest-growing section of internet use. (http://news.bbc.co.uk/1/hi/business/6036337.stm)

Youtube, Google and Skype are all familiar internet websites which we use often. These websites seem to dominate the market on the web.


‘Historically, the dot-com boom can be seen as similar to a number ofother technology-inspired booms of the past including railroads in the1840s, radio in the 1920s, transistor electronics in the 1950s, computertime-sharing in the 1960s, and home computers and biotechnology in theearly1980s.’(http://en.wikipedia.org/w/index.phptitle=History_of_the_World_Wide_Web).

How “Dot-com” boom influenced youth culture in recent days?