The Fifth Wave of the Information Revolution Has Begun

The global availability of capital is converging with a number of other trends to pave the way for the final and most important phase of the information revolution. Every technological revolution goes through a series of waves or stages of creative destruction. This is as true for today’s computer-based revolution as it was for those based on the steam engine, or the automobile.

As we’ve discussed in several prior issues of Trends, we expect the next few years to look very much like the Roaring ‘20s build-out of the.....