Wednesday, February 16, 2011
The rapid growth of information provides a constant source of change and new opportunity. Information management can be divided into 3 major divisions, each evolving at their own unique pace: storing information (reaching across time, 23% growth per year); communicating iniformation (reaching across space, 28% growth per year); and computing information (composing or processing, 58% growth per year) (Hilbert & Lopez, 2011). The impact of that growth is continually revealed in a number of cultural changes whose implications are still being analyzed. One sign of the information age transformation from 1950 to 1980 was that manufacturing goods had been eclipsed by information management as the dominant economic activity in the world. The tipping point in information storage occurred in 2002 when more information was stored digitally than in analog format. In 2000, 75% of the world's information was still in analog format (paper, videotape, etc.) but by 2007, 94% was preserved digitally (Hilbert & Lopez, 2011).
Interesting details, by why is pondering the increasing deluge of data important? See the related multimedia composition that addresses the exponential and growing gaps in information storage, analysis, composition and access (the digital divide) that cause problems for all of us. And data is just one of many exponential challenges. How should we deal with them all?