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Monday, 29th December 2008

Report: Information Overload Costs U.S. $900B

From the Internet.com Story:

The problem is getting worse.

Every year, research firm Basex calculates the cost of information overload and the numbers keep going up by a staggering amount. For 2008, Basex estimates information overload cost the U.S. economy $900 billion in lost productivity. For 2006, that figure was $588 billion.

"We're continuing to generate more content, and companies like Google introduce silly things like a feature in GMail that lets you set 'Reply All' as a default setting," Basex CEO and chief analyst Jonathan Spira told InternetNews.com. "I don't think there is enough awareness of the problem."

Source: Internet.com

See Also: Direct to Basex Information Overload Calculator


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