Before the World Wide Web was developed people used computers for things such as playing games, writing papers and financial accounting. But as time went on people began to wonder how the computer and its technology would develop in the near future. In 1989 a document was submitted to a management team by Tim Berners-Lee which was soon to create the World Wide Web. “Tim Berners-Lee was a software engineer at CERN and he understood the unrealized potential of millions of computers connected together through the internet” (World). After much research and work he created this proposal which included a specified set of technologies that would make the internet very useful and accessible to people. Though he ran into initial setbacks he was able to create this proposal and “three fundamental technologies that remain the foundation of today’s Web which include: HTML, URL and HTTP” (World). It wasn’t until April of 1993 that CERN announced that the World Wide Web would be open for anyone to use.
Bubble Growth
Since then the Web has changed the world perhaps becoming the most powerful communication medium the world has ever known. The World Wide Web has essentially altered the way we inform and are informed, buy and sell, teach and learn, share and collaborate, meet and love and tackle problems. When the World Wide Web was created it opened up so many opportunities for people all over the world. With the way the Web had taken off it seemed as if the Internet was going to become the future of business. Once the World Wide Web took off it caused consumers to gather to the internet and investors from all over were getting involved. The “Stock Market soared on technology and Internet stocks, IPOs were all the rage and the sky was the limi...
... middle of paper ...
... rising of the web brought many opportunities for internet companies and investors as well as consumers. When the World Wide Web came about investors took it as an opportunity to gain more revenue and began investing in many companies with lots of money not thinking about any risks that might be involved. When the internet bubble burst it affected investors and companies greatly. Investors lost extensive amounts of money and many companies were forced to go bankrupt. Once the bubble burst investors and companies were able to learn about mistakes they made in which would help them in their future financial decisions. After the stock market crash/bubble burst things started to get back on track. The rise and fall of the World Wide Web really impacted our economy and was a learning experience for the major people affected such as investors and the companies themselves.
The history of the internet takes us back to the pioneering of the network and the development of capable technologies. The explosion of the internet’s popularity of the 1990’s was large and dramatic, boosting our economy and then helped to bring it into a major recession. One can only hope that the explosion becomes organized and slightly standardized in the interest of the general public. Despite all of these conjectures and speculations only time can tell the future of the largest network in the world.
In the beginning, the Internet was created by the military in 1958 for their own personal purposes. They had no idea how many people would be interested in the Internet, nor how much the Internet could grow into what it is today. The Internet as we know it today did not come about until 1995. Now, it is said that approximately one third of the world's population uses the Internet, and it is still growing. The dot-com bubble spanned from 1995 to 2000 and involved the entire world. The Internet caused an unprecedented growth and speed in business because of how accessible it was to everyone. Many people wanted to become involved because they saw how fast it was growing. One company that made it possible for so many participants to invest was NASDAQ, the first online stock exchange and is now the 2nd largest in the world. This caused ordinary people to get involved whereas in the past the stock market was reserved for businessmen and corporations. NASDAQ made it possible for the average guy to make quick money, whereas the job market required education, degrees, and work experience. Anybody could make money sitting at home on their personal computers, which was completely revolutionary. In fact, many companies started in garages (Apple, EBay, and Amazon for example). Many of these companies saw an expeditious expansion in customer base and funding if they attached the prefix "e-" or added ". com" to their name. Every business rushed to be the first of their kind, and each desired a monopoly. This, in the end, was a major part that led to the downfall of the dot-com bubble. Companies were rushing to expand their client base without determining a long-term business plan. The whole thing was moving so fast that investors would give thei...
Computers were in development from as early as the 1950’s, but the general public wouldn’t hear of the World Wide Web until the 1980’s. By the year 2000, the internet was accessible to the general public from their home computers. It was used mainly for e-mailing, online shopping and research, but with its growing popularity, the World Wide Web was quick to expand its content. We can now, in the present day, access the internet on a number of platforms such as mobile phones, laptops and PCs, and even Smart Televisions, which makes a vast difference to the platforms people used 30 years ago.
Since the very beginning of the Information Age, life in the world and post societies have been described as a constant stream of ever changing products, unprecedented methods of production and dynamic means of distribution. The development of the world wide web, for example, is a major breakthrough in the advance of communication. Today, the World Wide Web has become a huge cultural movement including millions of people. The world of information that we now live in has already altered and changed many different aspects of our lives, both directly or indirectly.
According to World Wide Web pioneer Timothy Berners-Lee, the World Wide Web's initial purpose was to provide "an interactive world of shared information through which people could communicate with each other and with machines" (1996: p 1). Originally developed at the European Center of Nuclear Energy (CERN) in Geneva, Switzerland, the Web emerged in 1989 as a way for Dr. Berners-Lee and some of his distant associates to work on particle physics projects. He designed a method of links that was usable by all computers and hypertext was the language; we know it as http. With its knowledge-sharing capabilities, the invention of the Web quickly spread to universities and science research communities all over the world. Since it was primarily used for text, actual web design in these early days was not particularly significant. Around this same time, researchers at the National Center for Super Computing Applications at the University of Illinois at Champaign-Urbana also worked and researched web technology. In 1992, only 26 hosts were serving web sites.
The internet has come a long way since the development of Web 1.0, there have been further developments in the World-wide web such as web 2.0, and the current development of Web 3.0.
“The Net’s beginnings went largely unnoticed by the public. For all its technological brilliance, the Internet of today is far removed from the concepts that propelled initial research. And the Internet’s story- which has become the World Wide Web’s story- has not been so much one of planned development as of individual genius, at least until recently.” (Gilster. 1997).
The Internet has changed the way people interact with each other and entertain themselves. It has changed the way business is done. It has also changed the way people date, commit crime, and interview for jobs, it has even changed health care, among many other things. Technology and the Internet are not going away and the need for people to adapt is prominent. Internet is so prominent in Management Information systems. There are Internet based information systems. These systems are important because they can improve company efficiency. These systems can house data with extreme efficiency. Internet based information systems leave the possibilities of efficiency unlimited. Technology is only going to expand farther and new ways to communicate digitally will be introduced into businesses. It has already altered the way we interact with one another, and consumers to suppliers.
In our society, there has been a revolution which competes that of the industrial revolution. It is called technological revolution. At the top of the technological revolution is what we call, the Internet. In the following report we will be discussing about what the internet is about in general and how it might be in the future, why it is necessary in our everyday lives, and why has it become so important to everyone (i.e. companies, individuals ).
Term Paper: The History of the Internet The Internet began like most things in our society, that is to say that the government started it. The Internet started out as an experimental military network in the 1960s. Doug Engelbart prototypes an "Online System" (NLS) which does hypertext browsing, editing, email, and so on. The Internet is a worldwide broadcasting resource used for distributing information and a source for interaction between people on their computers. In 1973, the U.S. Defense Advanced Research Projects Agency (DARPA) initiated a research program to investigate techniques and technologies for interlinking packet networks of various kinds.
Another way that the internet has changed the world is the way that work gets done. I recently watched a movie that showed how the stock market worked before the internet existed. It was amazing to watch the time and focus it took for the stockbrokers to but in th...
The unparalleled effect that internet had on commerce can be very well understood by studying the industrial and economical growth in late 90s, this period of high economic growth is referred to as “The .com bubble”. It won’t be wrong to say that internet made a million millionaires.
Since the development of the Internet in late 1980s, communication has changed enormously. The Internet has altered the lives of people in the world in a way that was never imagined before. As little as a decade ago, if someone tried to explain the Internet and World Wide Web, it would have been difficult, if not impossible, to understand. Computers were just beginning to become popular and few individuals realized the capacity of one PC, let alone the power of a network of electronic technology. By linking together computers, users could remotely access others on the network, share information, and send electronic mail as easily as pushing a button. Millions of people with shared interests, exchange information and build communities through Web sites, email and instant-messaging software.
The internet has revolutionized all forms of communication since the beginning of its existence. The world has now become smaller' or more like a global village', so to speak. The internet was first used by the U.S military for communications purposes. The internet, from the communication point of view, has brought on new developments and techniques to keep in touch not only for individuals, but for businesses as well. An example of how the internet has impacted communication would be an example of doctors now communicating through live video feeds via the internet with patients or other doctors to diagnose patients or to even guide and advise surgeons through complicated procedures.
The internet is getting bigger and faster everyday, an individual can log on to the internet and buy sell or trade anything, the world wide web can bring the world into your home where anything can be looked up to learn or to amuse. Computer chips are being put in a wide range of things today, from appliances to cell phones to automobiles; an owner can now have their automobile checked for any problems while they are driving down the road via a satellite and find out if they should go in to have it repaired.