information economy

1. A term describing the growing reliance of firms on the Internet in the 1990s. Some have argued that firms' speedier and wider access to information has led to significant gains in productivity.

Example Sentences

They're working or middle class, but the kind of people the information economy left behind.

Read more on Salon

Also, the partial democratization of the information economy means that the old gatekeepers in corporate media no longer have anywhere near as much influence as they used to have.

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I contribute enough to the information economy through my tweets, Instagram photos, and public writing—all available for tech companies to scrape and purchase from middlemen.

Read more on Slate

“Basic communication is part of our information economy, and there will be huge implications for our economy if we don’t get this right.”

Read more on Washington Times

The imperative of the last 20 years to round up every warm body and send it to college, then to the cubicle, was tied to a vision of the future in which we somehow take leave of material reality and glide about in a pure information economy.

Read more on Seattle Times