The information overload puts a premium on brevity, which leads to abbreviation, which leaves out what is unfamiliar, which leaves out important parts of understanding the information.
In the Information Age, only cities that repay their upkeep with a high quality of life will stay viable. People at a distance won’t be obligated to subsidize them.
As information technology proliferates, low skilled people won’t be taken advantage of anymore, they simply won’t be able to contribute meaningfully to the economy.
Memorization as a skill will become useless, but the value of quickly learning will increase. We’ll be in a world of abundant information and what you’ll need to know is how to use it.
With technology increasing, we’ll move closer and closer to Neal Stephenson’s Metaverse in Snow Crash, where we live as much online as offline and conduct ourselves according to the online laws and customs, working in the cybereconomy.
We will identify more with people who share our interests and work than our country. An investment banker in Manhattan has more in common with a trader in Tokyo than the server who prepares his food for lunch.
Unless the US changes its tax laws, enterprising individuals will likely renounce their citizenship in the future in pursuit of a better form of governance.
Information technology has a shorter product cycle. Products will become obsolete faster, so any gains from extorting above-market wages will be short lived.
Mass production of books ended the Church’s monopoly on Scripture and information, wider book availability increased literacy, more people could contribute thoughts on important subjects, and it threatened the church’s monopoly on theology and information.