Is Information the New Currency?
In a Sloan-C discussion email thread last month, Boria Sax wrote:
“No less than an expert on business than Peter Drucker maintained toward the end of his life that we are now in a “post-Capitalist” society that is structured by the flow of information rather than money. To the extent that this is so, it may help explain the traditional tensions between the business and academic communities. The fundamental currency of academia is information, while that of business is money, and they represent two competing forms of social order.
In a response, Dr. Frank McCluskey – Provost at the American Public University System – wrote that people do not attend universities such as Harvard for knowledge, but to “move in the right cirvles and make social and career connections that establish a certain idea of “class”. He adds:
“The internet has accelerated learning. The “gentleman” of the right class with the right credentials could get further in the world where layers of middle managers could buffer a lack of technical skill. The real question is has the internet changed the concept of “class” which is in some ways a product of credentialing.”
In 2007 the New Media Consoriitum and the EDUCAUSE Learning Initiative released The Horizon Report which “seeks to identify and describe emerging technologies likely to have a large impact on teaching, learning, or creative expression within higher education.” I think it is safe to assume that these would also impact K-12 education as well. This report indicates that:
“The notions of collective intelligence and mass amateurization are pushing the boundaries of scholarship. Amateur scholars are weighing in on scholarly debates with reasoned if not always expert opinions, and websites like the Wikipedia have caused the very notion of what an expert is to be reconsidered. Hobbysits and enthusiasts are engagted in data collection and field studies that are making real contributions in a great many fields at the same time that they are encouraging debate on what constitues scholarly work-and who shoul be doing it.”
It occurs to me that we are at a tipping point.
If the “amateurs” are the ones who are redefining fields and making contributions to the world’s knowledge base – and if information is the new currency – that would suddenly shift the notion of who are rich to those of us outside the traditional systems and organizations. The meek begin to inherit the Earth, so to speak.
Those without credentials can be recognized for significant knolwedge and progress through self-published works that they – as an “amateur” – excel at through sheer will, desire and personal experience.
Those who did not attend the “right schools” can form important relationships through social networking.
And I think this is how it should be.
We are at the tipping point. “We” are really changing the landscape of what learning and knowledge is and can be. As a result we can all take a larger part of the knowledge-economy pie.
Date: May 27, 2009
Categories: Uncategorized
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