An analysis of the age of a communications and information revolution

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An analysis of the age of a communications and information revolution

Understanding the context in MIS: The Information Revolution

Information-related activities did not come up with the Information Revolution. They existed, in one form or the other, in all human societies, and eventually developed into institutions, such as the Platonic AcademyAristotle 's Peripatetic school in the Lyceumthe Musaeum and the Library of Alexandriaor the schools of Babylonian astronomy.

The Agricultural Revolution and the Industrial Revolution came up when new informational inputs were produced by individual innovators, or by scientific and technical institutions. During the Information Revolution all these activities are experiencing continuous growth, while other information-oriented activities are emerging.

Information is the central theme of several new sciences, which emerged in the s, including Shannon 's Information Theory [5] and Wiener 's Cybernetics.

The Age of Revolution: Europe Summary & Study Guide

This aphorism suggests that information should be considered along with matter and energy as the third constituent part of the Universe; information is carried by matter or by energy. Note, however, that you may prefer mentalist to materialist paradigm.

The following fundamental aspects of the theory of information revolution can be given: These apply both to the object of each economic activity, as well as within each economic activity or enterprise.

For instance, an industry may process matter e. Information is a factor of production along with capitallaborland economicsas well as a product sold in the marketthat is, a commodity. As such, it acquires use value and exchange valueand therefore a price.

All products have use value, exchange value, and informational value. The latter can be measured by the information content of the product, in terms of innovation, design, etc. Enterprises, and society at large, develop the information control and processing functions, in the form of management structures; these are also called " white-collar workers ", " bureaucracy ", "managerial functions", etc.


Labor can be classified according to the object of labor, into information labor and non-information labor. Information activities constitute a large, new economic sector, the information sector along with the traditional primary sectorsecondary sectorand tertiary sectoraccording to the three-sector hypothesis.

These should be restated because they are based on the ambiguous definitions made by Colin Clarkwho included in the tertiary sector all activities that have not been included in the primary agriculture, forestry, etc.

Marx stressed in many occasions the role of the "intellectual element" in production, but failed to find a place for it into his model.

An analysis of the age of a communications and information revolution

Diffusion of innovations manifests saturation effects related term: There are various types of waves, such as Kondratiev wave 54 yearsKuznets swing 18 yearsJuglar cycle 9 years and Kitchin about 4 years, see also Joseph Schumpeter distinguished by their nature, duration, and, thus, economic impact.

Diffusion of innovations causes structural-sectoral shifts in the economy, which can be smooth or can create crisis and renewal, a process which Joseph Schumpeter called vividly " creative destruction ".

From a different perspective, Irving E. Fang identified six 'Information Revolutions': In this work the term 'information revolution' is used in a narrow sense, to describe trends in communication media. He defines knowledge as a commodity and attempts to measure the magnitude of the production and distribution of this commodity within a modern economy.

Machlup divided information use into three classes: He identified also five types of knowledge:The Information Age (also known as the Computer Age, Digital Age, or New Media Age) is a historic period in the 21st century characterized by the rapid shift from traditional industry that the Industrial Revolution brought through industrialization, to an economy based on information technology.

Writing at the end of the 20th century, Castells attempts to describe a logic for the information age in terms of the tension between the new dominant social form, the Networked Society, and the way that existing social institutions are organized.

Conversely, the development of communications technology has lagged somewhat behind the computer revolution as a result of complicated regulatory schemes around the world and of the costly materials adopted in delivery information (Yoffie, ).

Although the global deregulation process together with the advent of the new technologies linked to. Telecommunication is the transmission of signs, signals, messages, words, writings, images and sounds or information of any nature by wire, radio, optical or electromagnetic systems.

Telecommunication occurs when the exchange of information between communication participants includes the use of is transmitted either electrically over physical media, such as cables, or via. The first concentrates on the nature of the communications breakthrough that fueled the printing press era and is fueling the information age.

Majid Tehranian

The breakthrough technologies enabled important changes in several of the ways . The 19th century saw a revolution in communications systems that brought the world closer together. Innovations like the telegraph allowed information to travel over vast distances in little or no time, while institutions such as the postal system made it easier than ever for people to conduct.

Information Revolution Vs. Industrial Revolution |