The document discusses The Virtual Happiness Project, which aims to study whether spending time online can lead to feelings of happiness. It notes that past research has shown happiness is linked to social interaction rather than things like wealth or health. It then puts forward the hypothesis that as the internet lacks boundaries, it has become a popular place for social interaction. The project plans to test this hypothesis through a global survey and two experiments to measure whether a correlation exists between time spent online and reported happiness, and how this may relate to factors like information overload and maintaining many casual friendships online.