Why Knowledge is becoming the ultimate currency – Published on forbes.com

More than a million babies die each year on the day of their birth. Those lucky enough to survive enter into a world of stark contrasts, full of promising opportunities, but also one of exploding prosperity gaps. An individual’s success in life is no longer dependent upon where she is born. What may matter even more is whether she is born into an information rich or information poor culture.

As a driving force for individual empowerment, the ubiquity and access to information through Internet connectivity and mobile devices have uplifted entire societies, created billions of new consumers, and challenged repressive governments. The economic impact of some of these emerging information technologies could range from $10 trillion to $20 trillion annually in 2025…

Read more on forbes.com – http://www.forbes.com/sites/sap/2013/06/10/why-knowledge-is-becoming-the-ultimate-currency/

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