Knowledge Revolution
Encyclopedia
The knowledge revolution refers to a global-scale paradigm shift that many compare to the agricultural and industrial revolutions. The revolution is about a fundamental socioeconomic change from adding value by producing things which is, ultimately limited, to adding value by creating and using knowledge which can grow indefinitely. The nature of the final form of the revolution is not yet known, but it will be very different from the industrial society from which it emerged.

Knowledge Revolution

Overviews of the knowledge revolution were provided by Marilyn Ferguson
Marilyn Ferguson
Marilyn Ferguson was an American author, editor and public speaker, best known for her 1980 book The Aquarian Conspiracy and its affiliation with the New Age Movement in popular culture....

 (1980), who refers to the ascendance of an irreversible shift in the global state of mind; a fundamentally new world view that encompasses insights from ancient times through current breakthrough science. Sakaiya (1991) indicates that three major disrupters of the established order – population shifts, resource supply, and technological developments are producing phenomena never before encountered in the industrial society. Brown (1997) states that the revolution will not flow from the mobilization of new machines; rather it will require a fundamental revamp of the human context in which machines are used. Finally, Johnson (1997) observes that when such paradigm shifts occur only once every few centuries, one has to be a visionary to see beyond the limits of current forms.

From a perspective of understanding this global societal sea change, Savage (1990) states that the shift is one of attitudes, values, and norms. It will only come through a struggle of thought because many of the changes are counterintuitive from a traditional point of view and they are difficult to conceptualize with industrial era vocabulary. He also notes that it will not be a simple or cumulative process, in that new principles will have to be learned and some old principles will have to be unlearned. Brown (1999) indicates that creating new frameworks for the evolving world will require challenging the assumptions that support our traditional intellectual constructs.

In terms of what will shift, Gilder (1989) states that the basic tenet of the knowledge revolution will be the “overthrow of matter.” Wealth, in the form of physical assets will diminish, while wealth, in the form of knowledge assets will increase. The power of mind will usurp the brute force of things. Similarly, Jeremy Rifkin
Jeremy Rifkin
Jeremy Rifkin is an American economist, writer, public speaker, political advisor and activist. He is the founder and president of the Foundation On Economic Trends...

 (2000) indicates that whereas the industrial age emphasized the exchange of goods and services, the coming age will emphasize the exchange of concepts.

From an organizational perspective, Amidon (1997) indicates that the knowledge movement is reshaping how organizations are created, evolve, mature, and evolve or die. It is reshaping how business is done, how economies develop, and how societies prosper. Ruggles and Holtshouse (1999) note that the movement is characterized by a dispersion of power and by managers who lead by empowering knowledge workers to contribute and make decisions.

From a societal perspective, John Seely Brown
John Seely Brown
John Seely Brown is a researcher who specializes in organizational studies with a particular bent towards the organizational implications of computer-supported activities....

 (1997) asks a number of key questions, including who will control the keys to the digital domain? Who will be the trusted intermediary in the marketplace? How transparent will their mediation be? What standards will be used for accountability? Thomas A. Stewart
Thomas A. Stewart
Thomas A. Stewart is the Chief Marketing and Knowledge Officer of Booz & Company, a global management consulting firm. Prior to joining Booz & Company, he was the editor and managing director of Harvard Business Review from 2002-2008...

 (1997) points out that just as the industrial revolution did not end agriculture because people have to eat, this revolution will not end industry because we still need physical products.

See also

  • Computer revolution
  • Digital Revolution
    Digital Revolution
    The Digital Revolution is the change from analog mechanical and electronic technology to digital technology that has taken place since c. 1980 and continues to the present day. Implicitly, the term also refers to the sweeping changes brought about by digital computing and communication technology...

  • Information revolution
  • Information society
    Information society
    The aim of the information society is to gain competitive advantage internationally through using IT in a creative and productive way. An information society is a society in which the creation, distribution, diffusion, use, integration and manipulation of information is a significant economic,...

  • Knowledge market
    Knowledge market
    A knowledge market is a mechanism for distributing knowledge resources. There are two views on knowledge and how knowledge markets can function. One view uses a legal construct of intellectual property to make knowledge a typical scarce resource, so the traditional commodity market mechanism can be...

  • Knowledge organization
    Knowledge organization
    The term knowledge organization designates a field of study related to Library and Information Science . In this meaning, KO is about activities such as document description, indexing and classification performed in libraries, databases, archives etc...

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