The $8 Trillion Internet: McKinsey's Bold Attempt to Measure the E-conomy

Posted by slaterhearst on Monday November 07, 2011 @09:04AM
from the theatlantic.com dept.

( 7 comments | 10 points | on HN )

Re:The $8 Trillion Internet: McKinsey's Bold Attempt to Meas... by wildbunny on Monday November 07, 2011 @10:50AM (#3206684)

"So McKinsey's report limited its scope to the online economy in the G-8 countries plus five more: Brazil, China, India, South Korea and Brazil."

lol

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Re:The $8 Trillion Internet: McKinsey's Bold Attempt to Meas... by chollida1 on Monday November 07, 2011 @11:32AM (#3206911)

Why is that funny? If they are assuming a pareto distribution then getting the top 13 countries probably would make the estimate fairly accurate.

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Re:The $8 Trillion Internet: McKinsey's Bold Attempt to Meas... by reginaldo on Monday November 07, 2011 @11:37AM (#3206938)

I think the lol refers to the fact that Brazil is counted twice.

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Re:The $8 Trillion Internet: McKinsey's Bold Attempt to Meas... by chollida1 on Monday November 07, 2011 @11:43AM (#3206967)

Ah, yep. The jokes on me:) I missed that.

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Re:The $8 Trillion Internet: McKinsey's Bold Attempt to Meas... by sriram_sun on Monday November 07, 2011 @11:34AM (#3206923)

Heh! They'll turn around and sell this "study" for millions of dollars and will keep the mouths of McKinsey new hires moving for a few hours more.

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Re:The $8 Trillion Internet: McKinsey's Bold Attempt to Meas... by hessenwolf on Monday November 07, 2011 @10:26AM (#3206573)

Pinch of salt. Probably cost a few hundred grand to put together, but still a pinch of salt.

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Re:The $8 Trillion Internet: McKinsey's Bold Attempt to Meas... by stfu on Monday November 07, 2011 @10:51AM (#3206687)

I wonder if McKinsey is ever going to realize that they can't measure everything.

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