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Cyberspace: doomed to become a “vaster wasteland”?

Nearly 50 years ago, then-FCC Commissioner lamented in a to the National Association of Broadcasters that the once-promising young medium of Television had become a “vast wasteland.” Well, history is repeating itself as the once-promising medium of the Web is maturing into a vaster wasteland of cyberspace. The latest horrifying indicator comes in this recent from the Interactive Advertising Bureau, noting that 2008 Internet advertising revenues totaled $23.4 billion, up 10.6 percent from 2007. That makes Internet advertising the fastest growing advertising medium in history. Ever.


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