what is information revolution

For three decades we have been concerned about the effect and affect of computers on human life. Then, copy and paste the text into your bibliography or works cited list. Information revolution definition: A revolution in a particular area of human activity is an important change in that area. "Golden Age of Customers and IT." This radical restructuring of work in the late 20th and early 21st centuries had a profound impact on the role of organized labor in society. During the Information Revolution all these activities are experiencing continuous growth, while other information-oriented activities are emerging. Economic espionage, sometimes known as industrial espionage, is spying conducted for the benefit of a commercial o…, The concept of industrialization implies the movement of an economy from a primarily agricultural basis to a mixed or industrial/service basis with a…, Industrial Revolution is the name given by the German socialist author Friedrich Engels (1820–1895) in 1844 to changes that took place in Great Brita…, Information Processing: Historical Perspectives, Information Disclosure, Ethical Issues of, Information Computer Systems Institute: Tabular Data, Information Computer Systems Institute: Narrative Description, Information and Other Technology Development, Information Technology Industry Alliance of Nova Scotia, Informed Consent: I. E-commerce, in theory, takes the potential of the information economy to its logical conclusion by propelling commercial activity into the borderless world of hyperspace, where transactions for everything from groceries to industrial equipment take place with little regard for geography and with nearly instantaneous satisfaction of commercial wants. However, the date of retrieval is often important. The fruit of these labors was the conception of the current era as the Information Revolution, akin in its historical importance and impact to previous economic revolutions, particularly the Industrial Revolution. Thus, that revolution completely overhauled both the geography of the industrial countries and the way social life was organized. The Information Age: Economy, Society and Culture, Blackwell, 1996. Sign up to expand your technology skills and save TODAY! It was unclear just what the overall effects of the Information Revolution would be in changing social relationships and geography. The engine of this rapid growth was technological innovation. French Revolution, revolutionary movement that shook France between 1787 and 1799 and reached its first climax there in 1789—hence the conventional term ‘Revolution of 1789,’ denoting the end of the ancien regime in France and serving also to distinguish that event from the … 16 Oct. 2020 . 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. One whole orbit or revolution around the sun takes approximately 365.25 days, which comes out to a year. For example, the economic boom of the 1990s saw annual growth rates in the United States leap above 3 percent for the first time in decades, simultaneously keeping inflation in check and generating healthy profits for continued investment. As a result, companies were able to produce at vastly accelerated rates while keeping costs down, leading to tremendous profits that, in boom times, afforded them the option of paying higher wages in order to quell labor unrest. •Effective information use is important across range of activities in the health system •The need for multi dimensional accurate and timely information is eminent InformationWeek, April 24, 2000. Meaning and Elements, Informed Consent: III. 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? Since even the most enthusiastic proponents of the Information Revolution agreed that, in the early 21st century, the new era was still in its infancy, it remained to be seen whether the Information Revolution would truly revolutionize society on a scale comparable with the Industrial Revolution, which produced greater change in just two centuries than occurred in the rest of human history combined. https://www.encyclopedia.com/economics/encyclopedias-almanacs-transcripts-and-maps/information-revolution-vs-industrial-revolution, The Social Impact of the Industrial Revolution. The information revolution is a phenomenon that defies simple characterization. In this work the term 'information revolution' is used in a narrow sense, to describe trends in communication media. What does information revolution mean? 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. In terms of social relationships and relationships to the production process, the Information Revolution has indeed led to radical transformations. Like the Industrial Revolution and most historical periods, the Information Revolution wasn't as abrupt a cataclysm as the name might suggest. [10], The term information revolution may relate to, or contrast with, such widely used terms as Industrial Revolution and Agricultural Revolution. Philippine Revolution (1896–98), Filipino independence struggle that exposed the weakness of Spanish colonial rule but failed to evict Spain from the islands. For instance, an industry may process matter (e.g. ‘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.’ 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 simultaneousl… This is being done at a time when some questions regarding the advantages of globalization on the financial aspects of economic, political, cultural, ideological, media and 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. As a result, hiring, training, scheduling, production organization, sales, and marketing were unlikely to closely resemble their traditional Industrial Revolution models. A convergence is happening in technical aspects between computing and telecommunication, in contents between text, images, voice and sound, and in the … Marketing News, June 19, 2000. [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. 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. As e-commerce became all the rage in the late 1990s and as the Internet, World Wide Web, and other information technologies rapidly transformed the economic and social environment, many analysts, journalists, and scholars took the time to reflect upon the current transformations and breakthroughs and situate them in a broad, historical context. Computers are unique machines; they help to extend the brain power. Viewed broadly, the Industrial Revolution can be broken into three major phases. 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. Taylor, Timothy. 40% off Personal Annual and Premium subscriptions for a limited time! 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. The information revolution has been taking place for decades, but only know do we fully realize the impact it has had and will have. Definition of information revolution in the Definitions.net dictionary. Public Interest, Spring 2001. Gale Encyclopedia of E-Commerce. Moreover, the movement toward computer controls creates a less egalitarian environment for wage workers than the mass assembly-line model, since it creates a hierarchical advantage for those highly educated workers with technical skills, and thus decision-making could potentially be decentralized and located at the various production facilities. Throughout the Industrial Revolution, there was a common expectation of more or less continued economic growth, a concept largely foreign to previous epochs in which subsistence and extremely modest growth were the norm. Fukuyama argued that the wealth of information at consumers' fingertips—combined with the ability to seek out and shop for exactly what they want without regard to The initial step in attempting to compare social epochs is to locate them historically and sketch a broad outline of what they entailed. At the same time, however, despite the geographical dispersion of production and the more nuanced worker relationships, information systems give top management greater direct control over the production process. The information revolution was enabled by advances in semiconductor technology, particularly the metal–oxide–semiconductor field-effect transistor (MOSFET) and the integrated circuit (IC) chip,[1][2] leading to the Information Age in the early 21st century. In addition, the Industrial Revolution shifted the center of economic activity from agriculture to industry and manufacturing. Impact of the Information Revolution. New York: The Free Press, 1999. Meaning of information revolution. 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). the world's technological capacity to store information grew at a sustained compound annual growth rate of 25% between 1986 and 2007; the world's effective capacity to exchange information through two-way. The object of economic activities can be conceptualized according to the fundamental distinction between matter, energy, and information. Definition of information revolution in the Definitions.net dictionary. 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. This page was last edited on 7 December 2020, at 15:54. 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. 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. The Industrial Revolution changed where and how we live. [CDATA[ Authoritarian, exclusionary, inegalitarian societies, according to Castells, will likely use information age technologies as tools to consolidate power, expand social divisions and inequality, and increase the level of exclusion. The Agricultural Revolution and the Industrial Revolution came up when new informational inputs were produced by individual innovators, or by scientific and technical institutions. computers. For instance, while the early stages of the Industrial Revolution gave birth to the modern metropolis—huge cities acting as economic and social centers—the later stages of the Industrial Revolution, such as that involving the development of the internal combustion engine, gave rise to suburbs, highways, and dramatically increased personal mobility. Drucker, Peter. Watson, Max. 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 Foreign Policy, Summer 2000. More egalitarian societies, on the other hand, were more likely to use information technologies for democratic, egalitarian purposes. | Meaning, pronunciation, translations and examples Cite this article Pick a style below, and copy the text for your bibliography. More technological changes, such as the development of fiber optic cables and faster microprocessors, accelerated the transmission and processing of information. In other words, information technologies aren't inherently positive or negative; rather they are more or less neutral tools, the effects of which depend on those in a position to establish a framework for their application. While each of these epochs ushered in sweeping changes and innovations, they also produced profound social disruptions, as individuals and groups readjusted their places in society, often resulting in great upheaval. Mills, C. W. (1951),"White Collar: The American Middle Classes", Oxford University Press. Start studying the information revolution. [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 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. From a strategic point of view, sectors can be defined as information sector. In many instances,…, Economic Espionage "Information Revolution Vs. Industrial Revolution In this case, the developments in electronics and computer technologies, along with dramatic changes in telecommunications, provided the basis for economic change. Executive Excellence, April 2000. //]]>. In political science, a revolution (Latin: revolutio, "a turn around") is a fundamental and relatively sudden change in political power and political organization which occurs when the population revolts against the government, typically due to perceived oppression (political, social, economic) or political incompetence. The most direct forebears to the Information Revolution appeared around World War II in the 1940s. Thus, the Industrial Revolution was marked by a series of sweeping social and economic transformations that upended existing paradigms. The first phase, in the late 18th and early 19th centuries, saw the development of textiles, coal, and iron into modern industries. Definition of Information Revolution (The): Refers to the global economic paradigm prevalent from the late 1990s onward, characterised collectively by unprecedented advancements in technological innovation and the rapid global proliferation, appropriation, application, and use of new digital Information and Communication Technologies in everyday life. Kristine Bruland 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. These apply both to the object of each economic activity, as well as within each economic activity or enterprise. See more. Wiener stated: "information is information not matter or energy". The Earth revolves around the sun at a speed of about 67,100 miles per hour. He argues that corporations powered by information technology and responding to the speed of the market are much less cumbersome and can more easily and flexibly respond to demand than can governments. How did the Industrial Revolution alter previously existing conceptions of economics, social organization, the nature of work, cultural patterns, and so on? Technological changes brought dramatic new options to Americans living in the 1990s. Therefore, be sure to refer to those guidelines when editing your bibliography or works cited list. Among these technologies were electronics and computers, which shortly after the war began to be applied more broadly in the business world. How to use revolution in a sentence. •Appropriate and timely use of health and health related information is an essential element in the process of transforming the health sector. Of course, one of the preeminent—and least expected—hallmarks of the Information Revolution is electronic commerce. Encyclopedia.com. It is the revolution of information. The Pros and Cons of the Internet and Information Revolution. Retrieved October 16, 2020 from Encyclopedia.com: https://www.encyclopedia.com/economics/encyclopedias-almanacs-transcripts-and-maps/information-revolution-vs-industrial-revolution. Why is Information Revolution a transformation agenda? He identified also five types of knowledge: practical knowledge; intellectual knowledge, that is, general culture and the satisfying of intellectual curiosity; pastime knowledge, that is, knowledge satisfying non-intellectual curiosity or the desire for light entertainment and emotional stimulation; spiritual or religious knowledge; unwanted knowledge, accidentally acquired and aimlessly retained. The creation of the information superhighway, for instance, could conceivably have effects on demographics as dramatic as—but very different in character from—those caused by the Industrial Revolution. . The Information Age began around the 1970s and is still going on today. 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. 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. Some have begun to call it the Information Revolution. "Reinventing Our Jobs." . ." Learn vocabulary, terms, and more with flashcards, games, and other study tools. The book Civilization at the Crossroads, edited by the Czech philosopher Radovan Richta (1969), became a standard reference for this topic. 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. █ JUDSON KNIGHT Rather, what became known as the Information Revolution, although largely associated with the closing decades of the 20th century, had direct roots in the thick of the Industrial Age. Learn vocabulary, terms, and more with flashcards, games, and other study tools. 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. ‘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.’ Revolution definition is - the action by a celestial body of going round in an orbit or elliptical course; also : apparent movement of such a body round the earth. 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 ". From the beginning of the decade until the end, new forms of entertainment, commerce, research, work, and communication became commonplace in … The term information revolution describes current economic, social and technological trends beyond the Industrial Revolution. The same inexorable engine is now powering this third Economic Revolution. [5] Many other authors presented their views, including Zbigniew Brzezinski (1976) with his "Technetronic Society".[6]. "Information Revolution Vs. Industrial Revolution 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. The relationship between technology and social history raises two kinds of considerations. The Information Revolution also features a new era of economic globalization as geography gradually disappears as a barrier to economic activity. 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. He asserted that science is becoming a "productive force", using the Marxist Theory of Productive Forces. Innovations—be they new products, industrial processes, communications, or transportations—generally proved a boon to certain economic sectors into which investment capital flowed. During this period, French citizens razed and redesigned their countrys political landscape, uprooting centuries-old institutions such as absolute monarchy and the feudal system. In the information economy, work is much more flexible, favoring more fluid schedules and multitasking, in which workers are expected to perform several jobs more or less simultaneously and respond to immediate demands as they arise rather than coordinate their work solely by the clock. 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. •Appropriate and timely use of health and health related information is an essential element in the process of transforming the health sector. In this case, the developments in electronics and computer technologies, along with dramatic changes in telecommunications, provided the basis for economic change. Gale Encyclopedia of E-Commerce. Information and translations of information revolution in the most comprehensive dictionary definitions resource on the web. Its origins lie in the not-so-distant past—the British codebreakers at Bletchley Park during We should have been questioning the effect and affect of information availability on human life. 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. The Earth revolves around the sun, and it also revolves, or rotates, on its own axis. We have been obsessed with the delivery system. 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. 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. 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