*By Chloe Aiello and Alex Heath* Tech giants like Google and Facebook are heavily invested in getting more people online around the world. But the rate of internet growth is actually slowing even as the world's population continues to swell in size. Today, almost half the world's population uses the internet. And as world leaders devise strategies to bring the other half online, they've noticed something surprising: internet uptake is slowing. [According to a new report](https://webfoundation.org/research/the-case-for-the-web/) from the non-profit Web Foundation, internet use was rising by about 12 percent per year from about 2005 to 2014. Since 2015, that's slowed to about 6.5 percent annually. "You expect uptake to increase and then go up quite rapidly, which it's been doing, and then at some point it's going to top off, naturally," Web Foundation CEO Adrian Lovett told Cheddar's Alex Heath at the Web Summit conference in Lisbon, Portugal. "But nobody expects that to happen at about the 50 percent mark." Lovett explained the challenges inherent to the Web Foundation's aim to establish the internet as a public good and a basic right for all. internet tech companies like Google ($GOOGL) and Facebook ($FB are also motivated to expand internet use ー but likely for different reasons. Facebook and Google have gone to serious lengths to connect people in developing countries to the internet. Facebook introduced its limited internet service, Free Basics, only to have it fail spectacularly [in Myanmar.](https://techcrunch.com/2018/05/01/facebook-free-basics-ending-myanmar-internet-org/) and India. Google's Project Loon also uses balloons to bring wireless internet to remote areas. Lovett of the Web Foundation, an organization which was founded by creator of the worldwide web Tim Berners-Lee, offered some theories as to why the rate of internet growth is still declining. "There's an affordability issue, there's a question about skills ... whether people have, particularly women, have the digital literacy needed to engage online, and then there's a question of content online," he said. "We have to make sure that the web ー the experience of using the web ー has some utility, has value to people," he added. Even with all the resources available to internet advocates and tech giants, Lovett emphasized that no one's really sure why internet uptake is slowing. "Truthfully, nobody's quite sure the answer to why," he said. For the full interview with Web Foundation CEO Adrian Lovett, [click here](https://cheddar.com/videos/big-tech-and-the-open-web). For full interview [click here](https://cheddar.com/videos/big-tech-and-the-open-web).

Share:
More In Business
The Day Ahead: Debt Ceiling Talks, Corporate Earnings
Cheddar News checks in on what to look for on The Day Ahead as President Joe Biden meets with House Speaker Kevin McCarthy to look to resolve the debt ceiling debate. Earnings are also slated to be reported from companies including Airbnb, AMC Networks, Electronic Arts and Nintendo.
Stretching Your Dollar: What Bank Failures Mean for Mortgage
A study on the U.S. banking system found nearly 190 banks are at risk of failure. Preston D. Cherry, founder and president of Concurrent Financial Planning, joined Cheddar News to explain the process if you have a mortgage with a bank that collapses.
Analyst Discusses Monday's Mixed Market Performance Ahead of Key Inflation Data
Melissa Brown, managing director of applied research with Qontigo, joined Cheddar News to discuss a new start to the trading week as the market edged lower in a mixed-performance day. Investors also await the meeting between President Joe Biden and House Speaker Kevin McCarthy to look to resolve its debt ceiling debate.
Load More