Information Age' is a name given to a period after the industrial age and before the Knowledge Economy. Information Age is a term applied to the period where movement of information became faster than physical movement, more narrowly applying to the 1980s onward. Under conventional economic theory, the Information Age also heralded the era where information was a scarce resource and its capture and distribution generated competitive advantage. Microsoft became one of the largest companies in the world based on its influence in creating the underlying mechanics to facilitate information distribution. It has been estimated that the Information Age lasted from approximately 1971 to 1991. One could argue, though, that it actually began during the later half of the 19th Century with the invention of the telephone and telegraphy. It is often used in conjunction with the term post-industrial society. When information ceased being scarce, the Knowledge Economy commenced. The Knowledge Economy started around 1991 and continued to approximately 2002. The current economic era is defined as the Intangible Economy. In the Intangible Economy, four factors of production - knowledge assets (what people know and put into use), collaboration assets (who people interact with to create value), engagement assets (the level of energy and commitment of people), and time quality (how quickly value is created) are the four key resources from which economic activity and competitive advantage are primarily derived and delivered today. It is helpful to understand that Google (GOOG) is now a serious competitor to Microsoft as it relies on Intangible Economy principles to run its operations.
Early Information Age
In 1837 Samuel Morse created a device which converted physical movement into electrical impulses that could travel over large distances. In 1844, telegraphy was used to transmit data along an experimental telegraph line from Washington, DC to Baltimore, Maryland. Slightly more than 20 years later, the first telegraph cables were stretched across the Atlantic Ocean, in 1858, but failed to stay in operation; however, uninterrupted service began in 1866.
Broadcasting
The information technologies of the 19th century allowed faster and wider dissemination of information than previously possible. However, ultimately such information had to be reduced to the same form which had been the final form for centuries: paper, whose analogs go back to stone and clay tablets. With the development of what was called wireless transmission, when combined with the ability to transmit voice and sound from the telephone, and recording technology, a new medium began to be born, which placed a different final result in the hands of the individual. These technologies would eventually become radio.
Information technology
With recording technologies, transmission, and with early computers, it didn't take very long for scientific advances to merge together into the new field of Information Technology. Information technology is the use of technology to enhance the speed and the efficiency of the transfer of information.
The information age continues to this day, and technological advances such as mobile phones, high speed connections, Voice Over IP have changed lifestyles around the world and spawned new industries around controlling and providing information.
2006-11-03 22:27:17
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answer #1
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answered by Anonymous
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It's the age we live in, where information is easier to come by then ever but strangely enough less and less people go through the trouble of actually informing themselves before forming an opinion.
2006-11-03 22:18:04
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answer #2
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answered by Anonymous
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i might say perchance around 10, i think of something too youthful will in basic terms take their innocence faraway from them yet do no longer go away it too long because of the fact while they hit around 12 or perhaps 11 some childrens communicate approximately that kind of stuff and you do no longer % your babies to think of you have been hiding something from them. sturdy success xx
2016-11-27 02:31:29
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answer #3
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answered by toborg 3
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