Apparently within the next 5 years, our days of roaming the web freely will be over.

According to Barry Diller, Bigwig CEO of IAC.com, he is certain that free content readily available on the internet will become a thing of the past within the next 5 years. Here’s what he had to say:

“I absolutely believe the Internet is passing from its free days into a paid system. Inevitably, I promise you, it will be paid,” Diller said in a keynote discussion opening up the Advertising 2.0 conference held at his company’s futuristic glass building alongside the Hudson River in Manhattan. “Not every single thing, but anything of value. “

So what does this mean for us? Well in the short, millionaires will be made. Those who can capitalize on this in the early stages, will be set for life no doubt. It also may turn some people off of the internet altogether though. Having to pay for things like facebook, wikipedia and possibly even to use a search engine is likely to leave many looking elsewhere.

It will be interesting to see what happens.

You can read the Full Article Here.

Kyle CPA, Main