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According to the recent survey conducted by global management consultancy McKinsey, the worldwide web, transforming in the way its users live, shop, work, and socialize, is also proved to be developing as a powerful catalyst for creation of new jobs.
McKinsey Global Institute has reported that the Internet has a significant impact on growth and prosperity of the economy, and has also created more than twice new jobs for each destroyed job it is responsible for.
The report, titled “The Net’s Sweeping Impact” reveals that the web is a major contributor to Internet job creation. It explains that despite the fact that many jobs have been destroyed by the emergence of the web (online piracy, in particular), at the same time many more have been created. This includes jobs that are directly linked to the web, like software engineers and Internet marketers, and more traditional jobs like logistics engaged into delivering online purchases.
Then, the report confirmed that although a number of jobs have been destroyed by online piracy (which we all know thanks to moaning of the pro-copyright outfits), a detailed analysis of the European economy indicated that at the same time while the web has destroyed 500,000 jobs, it has also created 1,200,000 other jobs! This makes it a net addition of 700,000 jobs, or, in other words, 2.4 jobs created for each one destroyed.
This figure was also indicated in another McKinsey research involving over 4,800 small and medium enterprises, which revealed that 2.6 jobs in average have been created for each destroyed job, which confirms the web’s capacity to create jobs everywhere. The company examined the impact of the web in thirteen countries, including Europe, India, Brazil, China, and South Korea. There the web contributed an average 3.4% to the GDP, which surpassed agriculture, energy and other traditional industries.
And still the anti-piracy outfits all over the world blame the illegal file-sharing of destroying hundreds of thousands of jobs and discouraging rational development. Meanwhile, almost 2 billion people are currently connected to the web, with the number growing by 200 million annually. For example, India and China keep strengthening their positions in the worldwide online ecosystem, indicating growth rates of over 20% in terms of new connections.