This message is commonsense to most, but great production nonetheless. We are undoubtedly immersed in the Information Revolution, seeded in 1952 with the sale of the first commercial computer, the Univac ; reaching consumers in 1970 with the first personal computer, the Kenbak; and ultimately taking off a decade after privately provided Internet services were provided to consumers in the 1980s. Currently, the vast majority of production and competition is not over natural resources and access to emerging markets but over bits, digital goods or applications.
However, we are closely approaching critical mass, having poured arguably 90% of our lives online, and now Twittering our way toward calculating the deltas of our status updates. Many have already set their sights on the next golden ticket, "semantic web" and, more importantly, the use and ownership of ideas.
We are now bearing straight for the Knowledge Revolution. And the battles will be fought with just as much violence as their 19th and 20th century predecessors, because the economic stakes are just as high if not higher.
Knowledge ....... Application of data and information; answers "how" questions
Understanding ... Appreciation of "Why"
Understanding ... Appreciation of "Why"
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