We are entering the age of information, in many ways analogous to the age of energy that began in the eighteenth century. This article calls attention to some of the paradoxes of the information age. It looks at social and economic macro trends that are shaping the era. A five-year outlook for information technology is presented. Finally, some implications for society and for its economy are suggested, and some issues are discussed that must be faced in the next five years as a result of the changes of the information age.
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