WJR Business Beat: The Internet’s Power Is Strong, But Digital Divide Remains (Episode 400)

In today’s Business Beat, Jeff Sloan talks about the importance of the Internet in our lives and our businesses and how some are being left behind because of the digital divide.

Tune in to today’s Business Beat to learn more about who’s being left out:

 


Verizon Small Business Digital Ready: A free resource for learning basic business skills, the latest digital technology and more, Plus grants!

Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat. Listeners outside of the Detroit area can listen live HERE.

Are you an entrepreneur with a great story to share? If so, contact us at [email protected] and we’ll feature you on an upcoming segment of the WJR Business Beat! 

Good morning, Paul! Every now and then, we witness major change in business and in society, the industrial revolution and the personal computer are such examples of major sea change. Without question, one of the most significant of these events is how the Internet has reshaped our lives almost entirely as it relates to business. What was already under foot with migration of business to online prior to the pandemic, simply accelerated significantly as a result of the pandemic. How significant is the Internet today as defined by access? Well, it’s projected that the Internet will have four and a half billion users worldwide this year. That’s up about 3% over last year. And this amounts to an astounding 58% of the general population, including all ages of every human on the planet, having access to and using the Internet. In North America, it’s nearly 90% of the population that’s connected. However, according to a Pew Research Center survey, nearly 1 in 10 Americans still don’t have access to the Internet and don’t use it at all. While access to technology is nearly ubiquitous for wealthy Americans, about 4 in 10 adults with lower incomes do not have home broadband services or even a desktop or laptop to facilitate their connection. How can this digital divide as it’s known still be a factor today? Well, Internet non-adoption is linked to a number of demographic variables, but is strongly connected to a couple of key variables, one being age, with older Americans continuing to be one of the least likely groups to use the Internet today. About 25% of adults over 65 don’t use the Internet at all. Level of education is also another factor as some 14% of adults with a high school education or less, again, do not use the Internet. Now we are making incremental progress to continuing to narrow the gap between the haves and have-nots, but as every aspect of our lives from education to entertainment, to shopping into our businesses, continues to depend more and more on access to the Internet, it’s certainly unfair and un-American to leave certain demographics behind. I’m Jeff Sloan, founder, and CEO of startupnation.com, and that’s today’s Business Beat on the Great Voice of the Great Lakes, WJR.


StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here

Total
1
Shares
Previous Article
ESG investing

Why and How Companies Must Prepare for ESG Investing

Next Article

How Different Startup Sectors Project Revenues and What It Means for Investors

Related Posts
top fintech startups
Read More

Top Fintech Startups in the Midwest 2022

The Midwest is rapidly becoming home to some of the best fintech startups in the country. Chicago, for instance, is becoming a top tech hub for fintech startups, seeing massive growth and funding for its companies. In Columbus, the city’s long history with top banking institutions has created a fertile ground for fintech startups to...
Read More

WJR Business Beat: Business Success Means More Than Making Money (Episode 409)

On today's Business Beat, Jeff Sloan talks with Bob Kratt of Hamilton's Propane about how business success can be measured in more ways than just the bottom line. Tune in to today's Business Beat to learn more:   Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat....
Read More

Ned Staebler of TechTown and Wayne State University on Challenges to Equitable Economic Growth

The president and CEO of TechTown Detroit and vice president for economic development at Wayne State University, Ned Staebler, talks with Jeff Sloan about the group’s pursuit of equitable growth, funding and access to opportunity for entrepreneurs. He shares success stories, but also explains the significant changes to communities that have to occur to draw...