The information revolution fundamentally transformed the economic basis of industrial societies from making physical atoms (things) to bits and information, much of which is free, creating a discontinuity that societies have not yet learned to think about economically.
factualpending
Speaker
Fared ZakariaEvidence Quote
“the entire basis of of of industrial economies for 250 years had been you work with your hands you make things you make atoms...And here now you come along and create this entire new world of bits and bites and information large parts of which are free.”
Source
Navigating Our Revolutionary Age: A Conversation with Fareed Zakaria and Eric Schmidt— Columbia SIPACreated: 8/12/2026, 10:34:37 PM
My Notes
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