"Marc Porat, in his PhD dissertation, predicted a shift from an economy based on transforming matter and energy to one focused on transforming information, coining the term 'information economy.'"
"Porat's PBS documentary, The Information Society, emphasized the disruptive power of information technology, likening its impact to that of the plow and steam engine, while addressing issues like privacy and misinformation."
In 1990, three former Apple employees founded a company that aimed to revolutionize technology with a device resembling an iPhone. The founders, Andy Hertzfeld, Bill Atkinson, and Marc Porat, were influential figures in Silicon Valley. Porat, known for coining the term 'information economy,' predicted significant changes in the labor force due to technology. He highlighted the disruptive potential of information technology and its implications for privacy and inequality. Despite their visionary ideas, the device they envisioned never came to fruition.
Read at WIRED
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