Tag Archives: information cost

Why Google & Wikipedia are making us dumber

By misbah | Published: February 17, 2009
Google and Wikipedia turn everyone into instant experts on any given subject matter. However, because we know that information is easily available again, we make very little effort to retain it. Plus, with the mobile revolution (slowly) progressing, we now have the ability to get at that information from where we choose. As we learned [...]
Posted in Internet, Search Engines | Also tagged , , , , , | Leave a comment

Instant Information Devaluation

By misbah | Published: May 26, 2008
digg_url = 'http://misbah.org/2008/05/26/instant-information-devaluation/'; digg_skin = 'compact';  Information cost is a fickle animal. Ironically, information has the most value right before it’s made available to a person. This value isn’t always in the pure financial sense, but also includes the time spent to gain that information. However, as soon as the transfer of information occurs, [...]
Posted in Economics | Also tagged , , , , , , | 2 Comments