Fast-forward 10 years and what has happened is the dematerialisation of entertainment content through new digital and information technologies and business models like Netflix, LoveFilm and on-demand TV.
And today, economists are optimistic that all the new digital sources of information — Big Data, in the popular shorthand — will open the door to breakthroughs in the ability to measure, monitor and perhaps guide the economy.
Many of these new digital forms of information sharing are based on a different idea of what media is, or who should take part in it.
Software such as Illumio is representative of the rapid emergence of new markets for digital information, said Michael Schrage, a researcher at the Massachusetts Institute of Technology Sloan School of Management.
"AFTERSCHOOL," the debut feature of Antonio Campos, a 25-year-old New Yorker, unfolds in the cloistered environment of an elite boarding school, though it is perhaps more relevant to say that it takes place within the brave new world of digital information overload.
3G and 4G networks allowed us, as a society, to engage with the new world of digital information and entertainment on our own terms.
· Public data campaign: Land Registry blocks plan for property website For at least three years, it has been official government policy to help entrepreneurs create new digital channels to public information.
But researchers have discovered new ways to stuff digital information over the last few years – including in our DNA, which can last thousands of years intact.
After this week, his last at the Senate, he will focus on several new digital projects, including New Amsterdam Ideas, an information technology consulting group he helped found to serve government agencies, news organizations and social media start-ups.
