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Fed Exploring Alternate Metrics to Value the Internet

Getty-internet-1046983540 CNBC

Brynjolfsson calls the agglomeration of such measures GDP-B, with the B standing for "benefit." 

Fed Chair Jerome Powell wondered whether such metrics could capture matters that never before had been counted in the economy, such as not needing to ask for directions due to map apps, or having a speedy resolution to a trivia argument by looking the answer up on Wikipedia.