The National Information Infrastructure will help create high-wage jobs, stimulate economic growth, enable new products and services, and strengthen AmericanÕs technological leadership. Whole new industries will be created, and the infrastructure will be used in ways we can only begin to imagine.
Predictor: Information Infrastructure Task Force
Prediction, in context:The 1995 book “The Information Revolution,” edited by Donald Altschiller, carries a reprint of the 1993 report of the Information Infrastructure Task Force. In ÒThe National Information Infrastructure: Agenda for Action,Ó members of the commission report: ÒThe National Information Infrastructure will help create high-wage jobs, stimulate economic growth, enable new products and services, and strengthen AmericanÕs technological leadership. Whole new industries will be created, and the infrastructure will be used in ways we can only begin to imagine. Below are some of the potential benefits to the U.S. economy. 1. Increased Economic Growth and Productivity - The Computer Systems Policy Project estimates that the NII will Ôcreate as much as $300 billion annually in new sales across a range of industries. - The Economic Strategy Institute concluded that accelerated deployment of the NII would increase GDP by $194 billion. - $321 billion to the GDP by the year 2007, and increase productivity by 20 to 40 percent. 2. Job Creation Although there are no definitive estimates for the total number of jobs the deployment of the NII will create, it is clear that it has the potential to create hundreds of thousands of jobsÉ 3. Technological Leadership The NII will serve as a driver for a wide variety of technologies, such as semiconductors, high-speed networking, advanced displays, software, and human/computer interfaces such as speech recognition. This technology will be used to create exciting new products and services, strengthening U.S. leadership in the electronics and information technology sectorÉ 4. Regional, State, and Local Economic Development É States and regions increasingly recognize that the development of their information infrastructure is key to creating jobs and attracting new businessÉ 5. Electronic Commerce Electronic commerce (e.g., on-line parts catalogues, multimedia mail, electronic payment, brokering services, collaborative engineering) can dramatically reduce the time required to design, manufacture, and market new productsÉ Electronic commerce will also strengthen the relationship between manufacturer, suppliers, and joint developers.Ó
Date of prediction: January 1, 1993
Topic of prediction: Economic structures
Subtopic: General
Name of publication: The Information Revolution (book)
Title, headline, chapter name: The National Information Infrastructure: Agenda for Action.
Quote Type: Direct quote
Page number or URL of document at time of study:
Pages 28-30
This data was logged into the Elon/Pew Predictions Database by: Guarino, Jennifer Anne