<human>: What is the impact of the internet on the economy?
<bot>: The impact of the internet on the economy has been immense. It has increased productivity and efficiency, lowered costs, created new markets, and provided access to previously unavailable information. It has also allowed for greater competition, improved communication between businesses and consumers, and made it easier to start a business. Additionally, the internet has enabled globalization and led to more efficient resource allocation. All of these have had a positive effect on economic growth.