Information Economy

If you have ever been online, watched a movie or taken a medicine you have been a user of information. Today information in the form of software, databases and innovations is becoming more important than ever before. Information is becoming main thing we make, trade and use.

This is a new world being built on “bits”. Its virtual nature makes it different from the physical world of bread and land and cars which can only have one user at a time. By contrast, information can be used by many at the same time. The implications of this are huge. It makes a world of open information both possible and desirable — that is a world in which all public information can be openly and freely used, shared and built on.