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(Created page with "'''Information Economy''' is an as of yet definitionless buzzword attempting to describe contemporary processes of the integration of interconnected digital information into the traditional physical economy as a "real" load-bearing feature of it's structure. "'''The''' Information Economy" is still in it's process of development and thus cannot be adequately described until this hyperobject reaches it's tangible instantiation and can be reified by society's understan...") |
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Thinking of money as a class of information suggests an illustration of the importance of context to the significance of information for individuals and communities: given the choice, most of us prefer money to be in the context of our own bank accounts. Thinking of money as information leads one to wonder whether information and money in some sense are the same thing. Some information commands a very large amount of money, and the visions of venture capitalists and futurists are often based on such intellectual property. In some circles, the term information economy has become a pious expression among those who are called upon to increase shareholder value. (On the other hand, the economic importance of information can be overstressed. Information when eaten is not nourishing, and when it is put into fuel tanks, it does not make engines run.) "</blockquote>- Sam Hunting, ed., ''XML Topic Maps: Creating and Using Topic Maps for the Web'' (Boston: Addison-Wesley, 2003)., Chapter 3, Page 24<ref>[https://libgen.is/book/index.php?md5=82FA3D2512306B0E800CF5EC1E9A9C75 Sam Hunting, ed., ''XML Topic Maps: Creating and Using Topic Maps for the Web'' (Boston: Addison-Wesley, 2003)., Chapter 3, Page 24]</ref> | Thinking of money as a class of information suggests an illustration of the importance of context to the significance of information for individuals and communities: given the choice, most of us prefer money to be in the context of our own bank accounts. Thinking of money as information leads one to wonder whether information and money in some sense are the same thing. Some information commands a very large amount of money, and the visions of venture capitalists and futurists are often based on such intellectual property. In some circles, the term information economy has become a pious expression among those who are called upon to increase shareholder value. (On the other hand, the economic importance of information can be overstressed. Information when eaten is not nourishing, and when it is put into fuel tanks, it does not make engines run.) "</blockquote>- Sam Hunting, ed., ''XML Topic Maps: Creating and Using Topic Maps for the Web'' (Boston: Addison-Wesley, 2003)., Chapter 3, Page 24<ref>[https://libgen.is/book/index.php?md5=82FA3D2512306B0E800CF5EC1E9A9C75 Sam Hunting, ed., ''XML Topic Maps: Creating and Using Topic Maps for the Web'' (Boston: Addison-Wesley, 2003)., Chapter 3, Page 24]</ref> | ||
== References == | |||