Walter Wriston Quotes

… post-industrial society

Mankind had the agricultural revolution, the industrial revolution, and now this third one, the information revolution.

The globe is shrinking, the information age is bringing a lot of changes. People are anxious about their future and their children's futures.

This is a very exciting time in the world of information. It's not just that the personal computer has come along as a great tool. The whole pace of business is moving faster. Globalization is forcing companies to do things in new ways.

The world is poised on the cusp of an economic and cultural shift as dramatic as that of the Industrial Revolution.

The Internet, like the steam engine, is a technological breakthrough that changed the world.

We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.

The best opportunity for return on investment is in the information revolution.

Every industrial revolution brings along a learning revolution.

I was an active participant in India's key economic reforms, including the third industrial revolution and now the fourth industrial revolution.

The Internet has heralded a revolution in our society. It has transformed the way we do business, entertain, communicate, and travel. In many ways, the change has been positive. The web has brought new freedoms, spurred economic growth, and extended the boundaries of knowledge.

On the professional side, I've helped move cinema from a chemical-based medium to a digital-based medium. That'll be one of the landmarks. And I've left these stories, these little tales that have been imprinted on the media, which will or will not be of interest to people in the future. I've done the best I can.

We have this revolution that's happening in our lifetime. The Information Revolution is changing absolutely every industry and every part of life and society and behavior.

Throughout the developed world,we have moved from "man power"to "mind power."We have moved from the use of physical muscle to the use of mental muscle.

Almost everybody today believes that nothing in economic history has ever moved as fast as, or had a greater impact than, the Information Revolution. But the Industrial Revolution moved at least as fast in the same time span, and had probably an equal impact if not a greater one.

People talk about "job creation," as if that had ever been the aim the industrial economy. The aim was to replace people with machines.

This revolution, the information revolution, is a revolution of free energy as well, but of another kind: free intellectual energy.

You and I love understanding American Revolution, but let's also understand the digital revolution, because that makes us more comfortable with our technology.

I don't think we replaced the Soviet Union with Al Qaida. I think we replaced, we should have, Soviet Union with the merger of globalization and the IT revolution. I think it's that. That is the real challenge that we face today. Unlike the Soviet Union, it has no face, it has no missiles, but it is something that challenges every job, every city and every community.

Because of the rush of human knowledge, because of the digital revolution, I have a voice, and I do not need to scream.

Throughout the 20th century, we created wealth through vertically integrated corporations. Now, we create wealth through networks. We are at a turning point in human history, where the industrial age has finally run out of gas.

In the developed world, technological progress means that you can have a situation where there's growth, where there's a way in which everybody can be better off over time.

In the days when the nation depended on agriculture for its wealth it made the Lord Chancellor sit on a woolsack to remind him where the wealth came from. I would like to suggest we remove that now and make him sit on a crate of machine tools.

Earlier generations of machines decreased the complexity of tasks. In contrast, information technologies can increase the intellectual content of work at all levels. Work comes to depend on an ability to understand, respond to, manage, and create value from information.