The topic of the internet running out of IP addresses pops up occasionally on the web, much like other doomsday scenarios, such as the "OMG the LHC is going to destroy the Earth" and "Oh noes, this huge asteroid is coming right at us." Except, the limitations of the current internet standard are real, and the limited amount of IP addresses can pose real problems.
Google announced that its URL index has reached one trillion entries, eight years after passing the one billion mark. Each of the entries represents a unique URL, and there are 150 of those in Google's index for every living person on the planet.