book.chapter The information revolution

The vision of connecting every home and office to a high-speed network, enabling access to vast information, is a goal shared by countless companies and governments worldwide. This ambition, often symbolized by the "information superhighway" metaphor, initially promoted by Al Gore, aims to revolutionize international business and commerce through the free global exchange of information. However, the metaphor might be less apt than likening this to a vast global marketplace, much like an enormous department store or stock exchange, where information is the primary currency. This digital marketplace will impact every aspect of human life, offering unprecedented choices. The transformation anticipated is akin to the cultural shift following Gutenberg's printing press, signaling a profound change in global culture that will unfold over decades. Microsoft's journey, led by Bill Gates and Paul Allen, from a small startup to a tech giant, underscores the importance of software in an era where computing costs plummet. Today, the pivotal question is the impact of nearly free communication on the global digital economy. The integration of global information networks will fundamentally alter society, making traditional methods, like classroom learning, obsolete, and reshaping the job market and power dynamics. As we stand on the brink of a knowledge revolution, understanding and adapting to these changes will be crucial for future success.