The information age

Abstract

Reviews the economic, social and psychological impact of information technology, which has brought about the Information Age. Information is now being treated as a scientific concept and should also be regarded as an economic commodity. It has also created a new paradigm of thinking. Information technology has an enabling effect at five levels: cost reduction; quality improvement; generation of new products and services; strategic management; and the creation of new ways of thinking. Public policy, particularly educational policy, should take full account of information technology.