Monday, June 15, 2009

The Information Revolution

The Information Revolution could be compared to the Industrial Revolution of 1820s. What the steam engine was to the Industrial Revolution is now the computer to the Information Revolution. The impact of the Information Revolution is just beginning to be felt. It is not “information” or “artificial intelligence” which fuels the impact. It is e-commerce which no one could foresee even ten or fifteen years ago. In other words it is the explosive emergence of the Internet as a major worldwide distribution channel for goods, for services and for managerial and professional jobs.

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