what is information revolution

Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, Encyclopedia.com cannot guarantee each citation it generates. The French Revolution was a watershed event in modern European history that began in 1789 and ended in the late 1790s with the ascent of Napoleon Bonaparte. Several key questions arise: Does the Information Revolution in fact constitute a historical epoch on a par with previous revolutionary transitions? Industrial parts producers, for example, are accustomed to working an assembly line in more or less consistent fashion, building products destined for distribution via long-established logistics partners. █ JUDSON KNIGHT Information is the central theme of several new sciences, which emerged in the 1940s, including Shannon's (1949) Information Theory[8] and Wiener's (1948) Cybernetics. The book Civilization at the Crossroads, edited by the Czech philosopher Radovan Richta (1969), became a standard reference for this topic. Average annual growth rates throughout the industrial world during this period, particularly in the United States, rose from virtually nonexistent to about 2 percent—leading to a doubling of the average standard of living every 36 years. One whole orbit or revolution around the sun takes approximately 365.25 days, which comes out to a year. Gerstner, John. What needs to be done to either take advantage of the benefits of the Information Revolution, or—if one is of a different theoretical persuasion—what steps must be taken to mitigate its worst effects? Therefore, be sure to refer to those guidelines when editing your bibliography or works cited list. What does information revolution mean? 16 Oct. 2020 . The Information Age began around the 1970s and is still going on today. As a result, hiring, training, scheduling, production organization, sales, and marketing were unlikely to closely resemble their traditional Industrial Revolution models. He observes that the first information revolution was the invention of writing 5 or 6 thousand years ago originally in Mesopotamia, the second was the invention of books (scrolls), originally in China as early as 1300 B.C., and the third, Gutenberg’s invention of the printing press and movable type between 1450 and 1455. The engine of this rapid growth was technological innovation. The same inexorable engine is now powering this third Economic Revolution. Castells sees the technology-centered vision, in which social ills are fixed via technological means, as fundamentally flawed. Technological changes brought dramatic new options to Americans living in the 1990s. Castells argued that as powerful new information technologies are grafted onto and reshape the existing economic order, their development will produce not only vast new concentrations of wealth, but rising inequality, social exclusion, and psychological bewilderment on a global scale. You need to turn information "Information Revolution Vs. Industrial Revolution Through the first half of the 20th century, the economic center was dominated by science-based technologies, particularly those related to steel, chemicals, the internal combustion engine, and electricity, such as automotive technologies and petroleum-based industries. Taylor, Timothy. The British polymath crystallographer J. D. Bernal introduced the term "scientific and technical revolution" in his 1939 book The Social Function of Science to describe the new role that science and technology are coming to play within society. Refer to each style’s convention regarding the best way to format page numbers and retrieval dates. This era brought about a time period in which people could access information and knowledge easily. It was unclear just what the overall effects of the Information Revolution would be in changing social relationships and geography. Communication World, March 1999. "Knowledge Work." For instance, with geographic location diminishing in importance to the production process, people may be freer to live in remote locations; at the least, people may be less bound by their work lives to certain locations, potentially leading to vastly new kinds of communities and other social organizations. Its origins lie in the not-so-distant past—the British codebreakers at Bletchley Park during Learn vocabulary, terms, and more with flashcards, games, and other study tools. Gale Encyclopedia of E-Commerce. During the Information Revolution all these activities are experiencing continuous growth, while other information-oriented activities are emerging. New technologies provided new avenues for investment and growth; capital flowed heavily from one technology to another, and often from one location to another in accordance with technological developments. This article originally appeared in Issue# 22. Pick a style below, and copy the text for your bibliography. At the theoretical level, there were still radically divergent takes on the Information Revolution and what it means. //]]>. Encyclopedias almanacs transcripts and maps, Information Revolution Vs. Industrial Revolution. window.__mirage2 = {petok:"23afee42a1bf566b495169f95879094478b83282-1607869835-86400"}; At the most basic level, the Industrial Revolution calls to mind a succession of breakthrough inventions: the steam engine, the cotton gin, railroads, and so on. [9] By the 1990s some writers believed that changes implied by the Information revolution will lead to not only a fiscal crisis for governments but also the disintegration of all "large structures". Cote, Marcel. He defines knowledge as a commodity and attempts to measure the magnitude of the production and distribution of this commodity within a modern economy. | Meaning, pronunciation, translations and examples You need to turn information Note, however, that you may prefer mentalist to materialist paradigm. The information revolution is about sharing these developments in a way that has never been done before. The Spanish-American War brought Spain’s rule in the Philippines to an end in 1898 but precipitated the Philippine-American War. In many instances,…, Economic Espionage Marketing News, June 19, 2000. Definition of information revolution in the Definitions.net dictionary. In the process, these technologies ushered in the information economy, centered on knowledge-based industries. In comparison, the Information Revolution presents something of a paradox. The following fundamental aspects of the theory of information revolution can be given:[11][12], From a different perspective, Irving E. Fang (1997) identified six 'Information Revolutions': writing, printing, mass media, entertainment, the 'tool shed' (which we call 'home' now), and the information highway. Impact of the Information Revolution. Viewed broadly, the Industrial Revolution can be broken into three major phases. Kristine Bruland One of the central dates for the Information Revolution was 1959, when two scientists working separately—Jack Kilby at Texas Instruments and Robert Noyce at Fairchild Semiconductor—arrived almost simultaneously at the invention of the silicon chip, the device that inscribes electronic information in a microscopic space, allowing for the mass production—and mass dissemination—of By the late 20th century, the leading economic sectors, particularly in the United States, were those involving electronics, computers, high technology, telecommunications, and related service sectors. Information revolution definition: A revolution in a particular area of human activity is an important change in that area. Some have begun to call it the Information Revolution. The most direct forebears to the Information Revolution appeared around World War II in the 1940s. Matthews, Jessica T. "The Information Revolution." The Earth revolves around the sun at a speed of about 67,100 miles per hour. revolution and revolt Synonym Discussion of revolution. Encyclopedia.com. On the contrary, Castells sees the trajectory of the technology and their effects as largely dependent on the nature of the societies and institutions implementing them. With the vastly enhanced powers of memory, calculation, and control placed in a microscopic chip, computers were poised to assume a central role in economic life. Relatedly, each of these phases was marked by booming economic growth followed by periods of sharp decline as these technologies and processes took root in society, as the social dislocations played themselves out, and as the growth opportunities inherent in the new technologies exhausted themselves. Moreover, while Fukuyama sees the Industrial Revolution as massively disruptive of the traditional family unit, he argues that the Information Revolution holds possibilities of reconstructing the nuclear family as a central social network. Industries develop information-generating activities, the so-called, Enterprises, and society at large, develop the information control and processing functions, in the form of management structures; these are also called ". information revolution is enabling the creation of a rapid learning network to enable our global health care system to quickly find out what treatments work best and which don’t. This allows businesses to concentrate their particular production facilities where they are optimally efficient—for example, where labor costs and regulatory red tape are minimal—leading to greater profit margins. Over time, the applications and effects of those innovations and investments proliferated and spread throughout the economy, but with inevitably diminishing returns for the capital investment; eventually, capital must seek out new technologies and new avenues for investment. The expression “information technology revolution” is commonly used to refer to a far-reaching phenomenon related to innovations that are occurring at a phenomenal rate in the information and communication technologies (ICTs). History of Informed Consent, Informed Consent: II. Computer technology is at the root of this change, and continuing advancements in that technology seem to ensure that this revolution would touch the lives of people. The Pros and Cons of the Internet and Information Revolution. Like previous economic revolutions, the Information Revolution is marked most noticeably by a series of technological breakthroughs. ‘The information revolution, though, has given India, for the first time, some real resources and tools to address its chronic ailments.’ ‘This process of interconnectedness was propelled by the dual impact of globalisation and its handmaiden, the information revolution.’ However, the date of retrieval is often important. On the other hand, the centralized factory created an atmosphere in which it was relatively easy for workers to organize themselves for greater remuneration for their labors. From the beginning of the decade until the end, new forms of entertainment, commerce, research, work, and communication became commonplace in … Information Revolution Vs. Industrial Revolution Innovations are the result of the production of new information, as new products, new methods of production, Diffusion of innovations causes structural-sectoral shifts in the economy, which can be smooth or can create crisis and renewal, a process which, the world's technological capacity to receive information through one-way. Castells presented a more nuanced interpretation of the sweeping changes wrought by information technology than either the hyper-enthusiasts or the alarmists. Start studying the information revolution. The computer revolution that started in the latter part of the 20th century is potentially just as significant as the industrial revolution that began two centuries before it—and it may well turn out to have even more impact on the way that human beings live, work, and communicate with each other. We should have been questioning the effect and affect of information availability on human life. One example of the impact of the Information Revolution has been on international commerce. The information revolution is a phenomenon that defies simple characterization. Machlup divided information use into three classes: instrumental, intellectual, and pastime knowledge. Drucker, Peter. In this case, the developments in electronics and computer technologies, along with dramatic changes in telecommunications, provided the basis for economic change. Enthusiasts, such as Francis Fukuyama, proclaim that we have entered a radical new age full of sweeping transformations and profound economic, social, and political possibilities. Watson, Max. Therefore, it’s best to use Encyclopedia.com citations as a starting point before checking the style against your school or publication’s requirements and the most-recent information available at these sites: http://www.chicagomanualofstyle.org/tools_citationguide.html. All products have use value, exchange value, and informational value. Following this breakthrough, computers came to constitute the central infrastructure of everything from office telephone networks to transportation control systems to industrial production facilities, setting the stage for further information-breakthroughs once the vastly enhanced communication powers of the Internet were unleashed. Like previous economic revolutions, the Information Revolution is marked most noticeably by a series of technological breakthroughs. The Information Revolution has created a digital world where more data is created in a single second than existed on the entire planet 200 years ago. Wiener stated: "information is information not matter or energy". How to use revolution in a sentence. Information revolution definition: A revolution in a particular area of human activity is an important change in that area. The world economy has undergone enormous globalization processes before, particularly in the late 19th and early 20th centuries, but the process was continually ebbing and flowing with the winds of political and social change. In the Industrial Revolution, many knowledge-based occupations, such as accounting, were relatively unaffected qualitatively by the sweeping changes produced by industrial development. The mass-scale, centralized-factory paradigm of the Industrial Revolution featured a production process in which individual workers were relatively "de-skilled" compared to their predecessors, and had only to perform minute functions requiring little training and with little overall understanding of the production process as a whole. More broadly, the Industrial Revolution refers to an epoch that saw economic production shift from small-scale, relatively localized production based on individual skills and craftsmanship by artisans to large-scale, centralized production incorporating heavy, mechanized machinery and mass numbers of wage workers. The latter can be measured by the information content of the product, in terms of innovation, design, etc. The World Wide Web, used initially by companies as an electronic billboard for their products and services, morphed into an in… The information revolution, which is now transforming societies around the world, is also changing the nature of governments and sovereignty, increasing the role of non‐state actors, and enhancing the importance of “soft” power in foreign policy. Thus, the Industrial Revolution was marked by a series of sweeping social and economic transformations that upended existing paradigms. Quizlet flashcards, activities and games help you improve your grades. While maintaining great faith in the powers of Enlightenment values of reason and science to propel humankind to a better world, he cautioned that, "there is an extraordinary gap between our technological overdevelopment and our social underdevelopment.". Cite this article Pick a style below, and copy the text for your bibliography. The Information Revolution was unlikely to leave many layers of work untouched, as everyone from knowledge-intensive workers to manual laborers to government officials would likely see the routines they came to know swept aside in favor of more computer-intensive processes. By virtue of annual growth rates, if one were to locate the true onset of the Information Revolution immediately following the Cold War with the dissemination of the Internet to critical mass, one would find similar characteristics. https://www.encyclopedia.com/economics/encyclopedias-almanacs-transcripts-and-maps/information-revolution-vs-industrial-revolution, "Information Revolution Vs. Industrial Revolution The Information Age: Economy, Society and Culture, Blackwell, 1996. [18], More recent estimates have reached the following results:[19], Economic, social and technological trends beyond the Industrial Revolution, Information in social and economic activities, Measuring and modeling the information revolution, metal–oxide–semiconductor field-effect transistor, "Modeling the transition from the Industrial to the Informational Revolution", "video animation on The World’s Technological Capacity to Store, Communicate, and Compute Information from 1986 to 2010, Measuring the Information Economy: OECD reports, OECD Guide for Measuring the Information Society, OECD "Measuring the Information Economy 2002", The Information Revolution by Fractal-Vortex, https://en.wikipedia.org/w/index.php?title=Information_revolution&oldid=992875230, Creative Commons Attribution-ShareAlike License. "The Other Side of Cyberspace." See more. The expression “information technology revolution” is commonly used to refer to a far-reaching phenomenon related to innovations that are occurring at a phenomenal rate in the information and communication technologies (ICTs). "Information revolution" brings dramatic changes in the way people live and work, even in way they think. . [CDATA[ With information technology leading to supply chain management, just-in-time manufacturing, and mass customization, production processes were being retooled to facilitate greater flexibility in production scheduling, while distribution and transactions were increasingly channeled through handfuls of industry-specific Internet-based marketplaces. iron) using energy and information (production and process technologies, management, etc.). How did the Industrial Revolution alter previously existing conceptions of economics, social organization, the nature of work, cultural patterns, and so on? The Industrial Revolution changed where and how we live. More technological changes, such as the development of fiber optic cables and faster microprocessors, accelerated the transmission and processing of information. Fukuyama pursues this argument to its conclusion, insisting that private companies would increasingly assume many of the duties previously performed by governments. InformationWeek, April 24, 2000. The Information Revolution also features a new era of economic globalization as geography gradually disappears as a barrier to economic activity. With computers, information technology, and high-tech communication systems dominating the business environment, production can be scattered across diverse locations and coordinated at high speed with great precision. The transformation of work was potentially even more dramatic than that produced by the Industrial Revolution, given that, in the information economy, nearly every profession was likely to undergo radical alteration as computer systems and the Internet infiltrate the farthest reaches of the economy. As economies grew and became more integrated, the Industrial Revolution was generally marked by successive leading economic sectors. OpenText believes analytics is the key to meeting the most pressing needs of anyone deluged in data and trying to make sense of it all. Thus, that revolution completely overhauled both the geography of the industrial countries and the way social life was organized. [11][12], These works can be seen as following the path originated with the work of Fritz Machlup who in his (1962) book "The Production and Distribution of Knowledge in the United States", claimed that the "knowledge industry represented 29% of the US gross national product", which he saw as evidence that the Information Age had begun. [7] Information-related activities did not come up with the Information Revolution. From a strategic point of view, sectors can be defined as information sector. information revolution and the different ways to control the development of events in the international arena. For three decades we have been concerned about the effect and affect of computers on human life. 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