The document discusses latency and how reducing latency can increase revenue and user engagement for various applications and websites. It provides examples of how Google, AOL, and Shopzilla saw drops in traffic and revenue when latency increased even by just half a second. The document advocates that the Digital Plymouth Project should make latency its top priority and use the lowest latency connections possible, such as undersea cables, to provide services with less than 5ms latency to London and 34ms to New York. This would allow for synchronous and asynchronous data replication. Reduced latency could provide opportunities for Olympic bids, data center services, and call centers located in Plymouth.