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The Forthcoming information revolution: its impact on society and firms (EFMD Forum - 1995)

Author: Makridakis, Spyros INSEAD Area: Technology and Operations ManagementIn: EFMD Forum, no. 2, 1995 Language: EnglishDescription: p. 10-13.Type of document: INSEAD ArticleNote: Please ask us for this itemAbstract: A major current concern is whether Computers and Communications (CandC), the major components of the information revolution, will ever be capable of delivering their promises of creating a revolution whose impact and consequences will be of equal significance to those of the agricultural and industrial ones. This paper examines this concern first by comparing the information revolution to the industrial one, exploring their similarities and differences, while considering major employments shifts over time. It then discusses what is already avaible in CandC and what is bound to become technologically possible in the near and longer term future. It continues by speculating about the future environment around the year 2015 when the information revolution will be at about the same stage of development as the industrial revolution is today. Finally it explores the implications of the information revolution on society and firms, and discusses the major changes that will introduce CandC
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A major current concern is whether Computers and Communications (CandC), the major components of the information revolution, will ever be capable of delivering their promises of creating a revolution whose impact and consequences will be of equal significance to those of the agricultural and industrial ones. This paper examines this concern first by comparing the information revolution to the industrial one, exploring their similarities and differences, while considering major employments shifts over time. It then discusses what is already avaible in CandC and what is bound to become technologically possible in the near and longer term future. It continues by speculating about the future environment around the year 2015 when the information revolution will be at about the same stage of development as the industrial revolution is today. Finally it explores the implications of the information revolution on society and firms, and discusses the major changes that will introduce CandC

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