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Internet - Communication Networks in the New Economy

explanatory Essay
1627 words
1627 words
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Communication Networks in the New Economy Introduction The new economy is about communication and its fundamental aspect in culture and society. The new economy is a basic distinction between information technology today and with that of our ancestors use of information technology. "Advances in technology have permanently improved the economy's efficiency and productivity. Faster computers and new software enable everyone to access information quickly and cheaply, cutting costs and improving worker productivity" (Scherer 2002). The new economy is more than a generation of new technologies. It is particularly new in communication networks and computer information. Before the new economy of the internet and high speed computers, the so called old economy was developing transistors and circuits. Computer networks and connections are what enable computers to talk to one another (Media Scapes 2002, 235 ). Computers and communication networks are the new indication of the new economy only by the use of already existing technology and converging it into one package. For individuals to have access to this new economy, convergence is always occurring because of the integrated uses of networks and computers to run on higher speeds. As computers are developing new features, and networks are also increasing in speed. This convergence of fast internet connections allows for people to communicate online via e-mail and send voice and video conversations (Media Scapes 2002, 237). These new features that have converged to form one unit have all the features of internet, telephone, and television technology, that allow for the transmitted information to be sent quickly and delivered anywhere in the world with new computer networking. ... ... middle of paper ... ...2002). "LANs, WANs, and other Area Networks" Online at: www.compnetworking.about.com/library/weekly/aa04080.a.htm, consulted on Nov 23, 2002. Scherer, Ron (2002). "Productivity Surges; "New economy" lives" Online at: www.csmonitor.com/2002/0508/PO2s02-usec.html, consulted on Nov 25, 2002. Webopedia (2002). "The Five Generations of Computers" Online at www.webopedia.com/didyouknow/hardware_software/2002/FiveGenerations.asp Zalcberg, Moshe (1994). "The Development of Communication Networks" Online at www.rad.com/networks/1994/networks/preface.htm#evolution. consulted on Nov 22, 2002. Pictures: "Computers": http://cubooks.colorado.edu/buffchip/products/ "The internet": http://mauicc.hawaii.edu/info_tech/info.htmlx "New economy/Old economy": http://reason.com/paynetoc.shtml "Information highway": http://www.intel.com/ebusiness/pdf/it/pp023703.pdf

In this essay, the author

  • Explains that computers have a great task of going through transition states from one generation to the next, but the demand is high for products in that generation.
  • Explains that computers have decreased in size from a regular desktop, to hand-held laptops, palm pilots and cell phones, leading to the development of the world wide web, which provides the new economy to access information quickly and easily.
  • Explains that the internet has become a necessary tool for people to communicate globally and efficiently.
  • Explains that communication networks are defined by their size and complexity. computers, telecommunications and the internet have come together to serve as an asset when selling and distributing goods and services.
  • Explains that the new economy has brought about many communication technologies and may be carrying us to something quite new in the twenty first century.
  • Explains that the new economy has been labeled as an advantage in the rapid technological progress it has undergone, by innovation of computers and communication networks.
  • Explains attallah paul and leslie shade, mediascapes newpatterns in canadian communication, nelson/thompson canada limited.
  • Explains zalcberg, moshe, "the development of communication networks".
  • Explains that the new economy is about communication and its fundamental aspect in culture and society. advances in technology have permanently improved the economy's efficiency and productivity.
  • Cites gerf, vinton, glen, jones, kelly, kevin, mitchell, bradley, and scherer, ron.
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