Researchers estimate that Python, Javascript, and R contribute billions to GDP
Gross domestic product, perhaps the most commonly used statistic in the world for evaluating economic progress, has some issues.
Increasingly, one of the biggest problems is that GDP generally underestimates the value of free goods and services—checking facts on Wikipedia or sharing photos on Instagram, for instance. GDP is best at measuring the impact of TV and car sales—not of things available for free or that require you to view ads, like broadcast TV or Facebook, explains the Financial Times’s Gillian Tett.
As a new research paper points out, this shortcoming also means GDP may be missing a lot of value created in the form of free programming languages (pdf). The most popular programming languages, like JavaScript and Python, are open source. This means that anyone can use them for free and modify them to develop new programs that they can then offer for free or for sale. JavaScript, for example, is used on about 95% of websites. Python, the most popular tool for data scientists, is used by companies like Google and Facebook to analyze data and develop new products.
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