Christopher Hooton

Refreshing Our Understanding of the Internet Economy

The lag between policy design and the innovation of the internet and its businesses is understandable given the sheer speed with which the internet has moved, but it is time to catch up. Designing internet regulations without properly understanding the sector can seriously undermine the success of its businesses and users for years to come. The Internet Association presents this white paper as a first step in refreshing the dialogue between the industry, policymakers, and other stakeholders to help avert poorly-informed policy decisions. It offers the first attempt to compile economic contribution estimates for the internet, calculates the first estimate of the economic contribution of mobile internet and app services to the economy, and lays out a better approach to conceptualizing the internet within our economic taxonomy. The goal is not to solve these issues in their entirety, but rather start the conversation and reinvigorate it with nuance, analysis, and consideration.