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Word Count: 571
he internet the world wide data connection that has caught on like a wild fire sweeping through a parched California forest has wide ranging implications on our world economy Locally we have witnessed staggering swings of fortune in more dot-com firms than any other form of business in American history The old adage of that American Dream - starting a business in the garage to see it one day be listed on the stock exchange is truer now than at any other time in our short history as wellWhile many still feel that the internet is simply a fad that will fade out as consumers tire of on-line shopping most are resigned to the fact that the computer age is finally found a foothold into the masses a true consumer product as inseparable in the modern household as the television and telephone The fact that it isnt being called the telenet may be more a matter of poor timing than a marketing gaffe As the data-stream bandwidth in internet parlance becomes more efficient read that as fast other uses of the internet will boom No longer will the internet be just for buying and selling merchandise chatting with friends and family or gaining insight into the latest sexual technique but will become a truly real-time and practical multi-media tool Video data currently suited only for the occasional voyeuristic views with choppy grainy images reminiscent of our parentsgrandparents 8mm movies will one day soon I predict become a window to the world The video phone a product most of us in my age group thought would have become reality long before now - will finally become commonplace With video audio and other input devices at ones disposal doctors will again make house calls and visits to far off friends and relatives will nearly suffice for the real thing a rekindling of the infamous smell-o-vision system to transmit the aroma of Grandmas fresh apple pie
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