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Benefits that media formats in IT

The media formats available in today’s world of computer information technology support a vast spectrum of uses and interests, ranging from recreational games to artificially intelligent machines that make critical decisions impacting people’s lives. Describe the overall benefits that media formats in IT have on society and the economy as a whole. Your answer should include at least one of the more popular media formats from these areas: gaming, artificial intelligence (AI), virtual reality, parallel life (e.g. Second Life), the entertainment industries, or education. Explore a minimum of two potential benefits and two drawbacks of your selected media formats for their impact in both society and on the economy. Cite at least one resource. Write a multi-paragraph response.