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This information economy keynote from law professor Yochai Benkler explains how society today is witnessing a new form of human organization. He describes this new human organization as the most important change since the industrial revolution.
The rapid and advanced evolution of technology, as well as technology, has transformed the way information is produced and shared today. The production and mass distribution no longer depends on one individual who has a massive amount of money and is willing to invest in technology to create the world’s first newspaper or radio. Today, individuals from all over the world are volunteering their time and resources to share information on sites such as Wikipedia.
The world is experiencing a transformation during which information is no longer a commodity that can be capitalized.
Benkler’s information economy keynote is both insightful and eye-opening, as he recognizes the influence that an ordinary citizen can have today.