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Posts tagged distribution of wealth

Apr 16
This is incredible. (click for a bigger view)
futurejournalismproject:

What Happens in an Internet Minute
Via Intel:

In just one minute, more than 204 million emails are sent. Amazon rings up about $83,000 in sales. Around 20 million photos are viewed and 3,000 uploaded on Flickr. At least 6 million Facebook pages are viewed around the world. And more than 61,000 hours of music are played on Pandora while more than 1.3 million video clips are watched on YouTube.

All in all, that’s 625 terabytes of information sloshing about the tubes each minute.
If we do some math that’s 878.9 petabytes per day which is a bit difficult to wrap our mind around.
But if we convert that to the universal measurement of the MP3, we get the equivalent of about 235.9 billion songs passing through the internet and mobile networks each day.

I can’t help thinking about the skewed distribution of wealth when I consider this. We seem to talk about “the suits on Wall Street” more, especially considering the Occupy movement, but wow - Amazon.com rakes in $83,000 in sales per minute? I wonder how much Apple gains per minute in app sales, and Google in ad revenues.
All to say, there should be way, way more philanthropic efforts by these giants of industry and the interwebs, more Mālama in consideration of how they got to this point. Wealth, and this wealth of mainstream attention, is influence. So how are they using it?
And before we cry foul with too little information (as the saying goes, “people in glass houses shouldn’t throw stones”) some Mālama practice in empathy for us: How would you use this kind of influence if you had it?

This is incredible. (click for a bigger view)

futurejournalismproject:

What Happens in an Internet Minute

Via Intel:

In just one minute, more than 204 million emails are sent. Amazon rings up about $83,000 in sales. Around 20 million photos are viewed and 3,000 uploaded on Flickr. At least 6 million Facebook pages are viewed around the world. And more than 61,000 hours of music are played on Pandora while more than 1.3 million video clips are watched on YouTube.

All in all, that’s 625 terabytes of information sloshing about the tubes each minute.

If we do some math that’s 878.9 petabytes per day which is a bit difficult to wrap our mind around.

But if we convert that to the universal measurement of the MP3, we get the equivalent of about 235.9 billion songs passing through the internet and mobile networks each day.

I can’t help thinking about the skewed distribution of wealth when I consider this. We seem to talk about “the suits on Wall Street” more, especially considering the Occupy movement, but wow - Amazon.com rakes in $83,000 in sales per minute? I wonder how much Apple gains per minute in app sales, and Google in ad revenues.

All to say, there should be way, way more philanthropic efforts by these giants of industry and the interwebs, more Mālama in consideration of how they got to this point. Wealth, and this wealth of mainstream attention, is influence. So how are they using it?

And before we cry foul with too little information (as the saying goes, “people in glass houses shouldn’t throw stones”) some Mālama practice in empathy for us: How would you use this kind of influence if you had it?

(via emergentfutures)