The Internet: Good or Bad for US Economy

I understand that the Internet has help thousands of companies reach a higher volume of potential clients. The same token those potential clients have a higher volume of choices to choose where to spend their money from all around the world. The majority of the time companies outside the US can produce items at a far less cost.


This starts US companies purchasing more materials outside of the country to compete with foreign companies. These purchases decrease jobs and ultimately decrease "disposable income" spending. Now those people who lost their jobs have to do more "borrow spending", bringing the US economy into a recession.

Big Think
Sponsored by Lumina Foundation

Upvote/downvote each of the videos below!

As you vote, keep in mind that we are looking for a winner with the most engaging social venture pitch - an idea you would want to invest in.

Keep reading Show less

Why Lil Dicky made this star-studded Earth Day music video

"Earth" features about 30 of the biggest names in entertainment.

Culture & Religion
  • Lil Dicky is a rapper and comedian who released his debut album in 2015.
  • His new music video, "Earth," features artists such as Justin Bieber, Ariana Grande, Ed Sheehan, Kevin Hart, and Leonardo DiCaprio.
  • All proceeds of the music video will go to environmental causes, Dicky said.
Keep reading Show less

After death, you’re aware that you’ve died, say scientists

Some evidence attributes a certain neurological phenomenon to a near death experience.

Credit: Petr Kratochvil. PublicDomainPictures.net.
Surprising Science

Time of death is considered when a person has gone into cardiac arrest. This is the cessation of the electrical impulse that drive the heartbeat. As a result, the heart locks up. The moment the heart stops is considered time of death. But does death overtake our mind immediately afterward or does it slowly creep in?

Keep reading Show less

Behold, the face of a Neolithic dog

He was a very good boy.

Image source: Historic Environment Scotland
Surprising Science
  • A forensic artist in Scotland has made a hyper realistic model of an ancient dog.
  • It was based on the skull of a dog dug up in Orkney, Scotland, which lived and died 4,000 years ago.
  • The model gives us a glimpse of some of the first dogs humans befriended.
Keep reading Show less