Advantages

• One of the biggest advantages of the internet is ‘communication’. With new services pouring in, communication is going to be even faster, cheaper and more efficient with every passing day.
   
• One more major benefit of the internet is information. Internet is an endless storehouse of information. Any kind of information, on any topic under the sun is available on the internet. For example, there is a lot of search engines like Google, Yahoo etc.
  
• With the internet, a new economic system has evolved, known as the e-commerce marketplace. The new economic concept involves exchange of goods and other services throughout the globe, over the internet.

• The popularity of social networking is also growing exponentially. It is one of the finest and most convenient medium to connect and acquaint with millions of people from all over the globe, with similar passion and hobbies. Social media sites also offer a great gateway for marketing and have evolved into a great tool for creating public awareness also. With internet, it has also become much easier to search for jobs, business opportunities, etc as there are many forums, communities and services which offer great assistance in this regard.

  Disadvantages 

  
  
  • Internet poses a great threat to one’s personal data. As people use online banking and other transaction services, there lies a great risk of the account details, credit card numbers etc being stolen, through unsecured connections. Spywares, hacking software are responsible for many credit card frauds which have become a common occurrence nowadays. 
    
  • Pornography is also a great disadvantage of the internet. On internet, pornographic photos and videos are easily accessible which can cast a negative impact on children and teenager.
    
  • With social networking sites, people are getting more and more engrossed in the virtual online world. As a result, social and family ties are getting thinner by the day. With the growing popularity of online games, children hardly participate in physical activities and games which can be extremely detrimental to their all-round developme.
    
  • Computer viruses are also carried through by the internet. Computer viruses are malignant programs which can cause malfunctioning of your systems and may even lead to loss of data. Though there are anti-virus software available in the market but, the rate at which the viruses are getting more and more complex is alarming.