University Creates World's First Internet Institute LONDON (Reuters) - Britain's Oxford University says it will create the world's first institute dedicated to studying the Internet.
The Oxford Internet Institute, set up at a cost of $22 million, will carry out research and make policy recommendations about what effects the Internet has on society.
``You can already shop, bank, vote, debate, argue, consult a doctor and get your degree over the Net -- and do so all around the globe,'' said Andrew Graham, Master-Elect of Balliol College, where the institute will be based.
``However, there is also an enormous amount of rubbish out there and some material that is harmful,'' he said in a statement late on Friday.