The global village and the new economy The new economy is part of the last part of the information age in the evolution of society. It has many features. It is the era of the global village, the idea that the entire world is unified thanks to the speed at which information is processed from one end to the other. The idea of customizing technology is also a feature of the New Economy, which allows people to modify technology and make it unique to each individual. In the new economy, individuals are faced with a new surprise, less is more. (Straubhaar,289) The size of the technology has decreased but the performance of this new technology has increased. These innovations have become an important factor in finding the optimal method of obtaining efficient technology. "(The New Economy is a) world in which rapid change is a constant. A world at least as different from the one that preceded it as the industrial age was from its agricultural predecessor. A world as different its emergence can be described only as a revolution." (Encyclopedia).THE COMPUTERThe modification of society to enter the New Economy was done using the computer. The computer has penetrated almost every aspect of existing technology. It is common to find personal computers inside homes. The computer is also used explicitly in the advertising industry, the telephone network industry and the film industry. The creation and growth of the new economy we live in today can be attributed to the computer. The personal computer has seen massive growth. It has evolved from being an intimidating machine to an essential item in more than 500 million households worldwide. (Gates). The size of the computer has decreased to us...... middle of paper ......21 November 2002.COSTELLS, Manual. The rise of the network society (2nd edition). Massachusetts: Blackwell Publishers, 2000."Encyclopedia of the New Economy," in Wired Digital Inc. Available online at: , accessed November 19, 2002.GATES, Bill. “The PC: 20 Years Young,” in Microsoft-Press Pass, April 12, 2001. Available online at: , accessed November 16, 2002.SANDERS, Robert. "SETI@home, UC Berkeley's Search for Extraterrestrial Life, Celebrates One-Year Anniversary, Named a Finalist in Computerworld Smithsonian Awards," at UC Berkeley. Available online at: , accessed November 21, 2002.STRAUBHAAR, Joseph and Robert LAROSE. Average now. Belmont: Wadsworth Group, 2002.
tags