Impact of IT Systems and Online Services

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Impact of IT systems on individuals and organizations

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IT systems have transformed how individuals and organizations operate, with significant implications for online services, education, and information dissemination.

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Increase in global internet usage since 2000

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Global internet usage has increased from 360 million to over 1.5 billion users, with the largest usage in Asia.

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Risks of using online services

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Using online services exposes personal data and increases the risk of fraud.

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Features and implications of online services in retail

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Online retail allows for convenient shopping but also exposes users to unregulated products and payment risks.

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Regulation of financial services in the UK

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Financial services in the UK are regulated by the FCA (Financial Conduct Authority) and PRA (Prudential Regulation Authority).

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Impact of online services on education and training

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Online services have influenced how education is delivered, with MOOCs and digital activities becoming more prevalent.

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Challenges of information overload online

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The abundance of online information can lead to the production of meaningless content and disrupt concentration.

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Impact of 9/11 on media broadcasting

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The 9/11 attacks in 2001 led to immediate global broadcasting of footage, making it harder for authorities to delay news for investigations.

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Entertainment and leisure changes

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Online access allows watching TV programs anytime, but can dominate lives and bring issues like online gambling.

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Productivity and online services

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Online services can enhance productivity but may intrude on personal life and disrupt work patterns.