The Information Age
Ever wondered why it’s called the information age?
Well it’s because we’re now generating such vast quantities of electronic data every day. Eric Schmidt is the CEO of Google – a company that knows a thing or two about data. Speaking earlier this month, he stated:
There was 5 exabytes of information created between the dawn of civilization through 2003, … but that much information is now created every 2 days, and the pace is increasing…
For non-techies, 5 exabytes (5EB) probably means as much as “one-point-twenty-one-gigawatts” did in Back To The Future, but take it from me that’s a lot. In PC World terms, 5 exabytes is 5,000,000,000 gigabytes. Average computers have hard disks around 500 gigabytes in size. And now we’re generating that every day.
That’s why it’s called the information age.