Reduce digital friction!
Russel Jones, executive editor at devx wrote a piece about the chances of automation in a downturn economy.
Take a look at the dramatic explosion of a workers productivity. An increase of nearly 15 fold in the last 100 years in comparison with the numbers of 1900 (red line), while steadily decreasing the hours per week worked (blue line). Productivity is expressed as GDP per working hour.
The red line shows a dramatic growth rate. As does the amount of information processed since 1900. At a current increase of 66% annually, the amount of information generated doubles every 18 to 24 months. From 1900 it has doubled every 15 to 20 years. We expect to reach a capacity of one zetabyte (1 billion terabytes) with all computers combined in 2010.
Our increase in gdp productivity is bought dearly with an increase in information processed and stored. Reducing this digital friction will be the main focus for a new informational revolution with a lot of hard nuts to cracks: an overwhelmingly amount of information has no semantic relations and very little potential to bring additional value itself.
Generating more and more information without controlling the proper means of automated and value adding processing of these generates a frictional barrier that enterprises reach sooner or later. Our effectivity in processing information is not on par with our informational output.
Welcome to the digital dark ages.
... read more stories on the topic information overload
Information production update
This updated graphic shows the skyrocketing information-production rate compared to the information pool of 1900. 1960 was already 15 times the amount, 1980 more than 60x, 2000 at 5000 times and at 2009 we are sitting on a mountain of more than 250.000 times the information compared to 1900.
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