Age Quote by Walter Wriston
“The information revolution has changed people's perception of wealth. We originally said that land was wealth. Then we thought it was industrial production. Now we realize it's intellectual capital. The market is showing us that intellectual capital is far more important that money. This is a major change in the way the world works. the same thing that happened to the farmers during the Industrial Revolution is now happening to people in industry as we move into the information age.”
About This Quote
Wealth perception shifted from land to production to ideas; intellectual capital now outweighs money.
In simple terms: Value of ideas now surpasses material assets.
Invest in knowledge and innovation.
Themes
Mood
Type
When to use this quote
- business strategy
- education policy
- investment decisions
- career planning
Key Concepts
Questions to Reflect On
- How will you protect your ideas?
- What skills will you develop for the information age?
Intellectual capital can be intangible and hard to measure.