Social Impacts of Video Conferencing

Social impacts for conferences
You will have to travel to other places which could be in this or other countries. You then get to know the people at the conference in the area and you may go out with them. Most conferences last from 1-3 days or up to a week for most conferences. You will probably stay at a hotel.
You will not see your family and friends for the time it takes to get there and attend the conference. You would spend money and put into the local economy by going out at night and staying in a hotel.

Social impacts for video conferences
You may not have to go to other places to have a conference, as you would have conference in your normal place of work. You can do it with people in this and/or other countries.
You can spend more time with family and friends. Put less money into other local economy. You spend less time socializing with other work colleagues. You spend less money on socializing as you only need to work with colleagues in a work situation.