Information technology was originally based on massive capital investment in mainframes, software libraries, and networks. Over the past 50 years, it has been transformed into a system composed mostly of inexpensive, easy-to-use, and short-lived hardware, software, and services. Enormous economies of scale and scope, driven by billions of users, now determine the evolution of infotech and its enabling of transformational biotech and nanotech applications. How did we get here? What are the implications? Where are we headed? We’ll show you.