by David Z. Morris, Fortune
And commits nowhere near enough money to make it happen. On Thursday, U.S. Secretary of State John Kerry, speaking at a World Bank event, urged world governments to build better Internet connectivity. He was specifically promoting a U.S. plan to bring 1.5 billion people who currently lack Internet access online by 2020. Kerry said 3 out of 5 people worldwide are now without access, which he called “unacceptable.” It’s an urgent problem, because Internet access can have profound transformative effects even at the far margins of the global economy. Subsistence farmers can find better prices for crops, banking becomes more accessible, and of course educational opportunity multiplies. The World Bank has said that for every 10% rise in high-speed Internet access, a country’s GDP grows by up to 2%.
http://fortune.com/2016/04/16/u-s-promotes-plan-to-get-1-5-billion-more-people-online/
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