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"as well as putting the IT boom in a historical context" From http://en.wikipedia.org/wiki/Gross_world_product http://en.wikipedia.org/wiki/Gross_world_produc
by VLM 12y ago
"as well as putting the IT boom in a historical context"
From
http://en.wikipedia.org/wiki/Gross_world_product http://en.wikipedia.org/wiki/Gross_world_product
The gross world domestic product in 2012, using 2012 value dollars, was a bit under 72 trillion dollars.
Gross facebook revenue per google in 2013 was 7.9 billion dollars.
Some arithmetic done in my head and to one sig fig facebooks revenue is about one ten thousandth of the worlds GDP.
Fortunes can be made in tech, but its always going to be a rounding error compared to food, shelter, etc. There's just too many people eating, for example.