Marina Ristic CPC.041 03.26.2007.

Marina Ristic
Essay # 1
“Learn as if you were going to live forever. Live as if you were going to die
tomorrow.”-Mahatma Gandi. “The illiterate of the 21st century will not be those who
cannot read and write, but those who cannot learn, unlearn, and relearn.”-A.Toffler.
Since knowledge and information are closely related, it is very hard to make a
distinction between them. Knowledge is about implications and consequences, while
information is about conveying a message and seeking an audience. Knowledge has a
shared and negotiated meaning while information is usually about some explicit message
or object. A concentration of information leads to harvesting knowledge which becomes
our greatest capital. Intellectual capital is one’s biggest asset. Knowledge is power.
Information can be collected from various sources websites, books, etc. Knowledge is
application of accumulated or memorized information and making use of it. Information
becomes rational when it has significance and meaning, when it is analyzed memorized
by process of thinking.
“Information Age” is a transition period after the “Industrial Age” and before
the “Knowledge Economy”. In information economy productivity and competitiveness
depend mainly on their capacity to generate, process and apply efficiently knowledge
based information. It is an economy where information is both the currency and the
product. While we have always relied on information exchange to do our jobs and run our
lives, the information economy is different in that it can collect more relevant information
at the appropriate time. What makes information plentiful in this economy is the
pervasive use of information and communication technology. Microsoft became one of
the largest companies in the world based on its influence in creating mechanics to
facilitate information distribution. The “Knowledge Economy” started around 1992 and
continued until 2002. The current economic era is defined as the “Intangible Economy”.
Information revolution is knowledge revolution. The software used for computers
merely reorganizes traditional work, which was based on experience. This is achieved
through the application of knowledge, in particular systematic, logical analysis. Setting
up an information technology structure is not enough. In order to maintain leadership in
the new economy, the social position of knowledge professionals and the social
acceptance of their values should be guaranteed. The knowledge economy is also a
networked economy. The concept stresses the important role of links among individuals
groups and corporations in the new economy.
What Robert Reich calls “ symbolic analysts”-engineers, scientists, attorneys,
consultants, professors, executives journalists and other “mind workers” who engage in
processing information and symbols for a living will occupy a privileged position
because they can sell their services in the global economy. In an economy where
information is critical, symbolic analysts or knowledge workers will constitute an elite