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Archive for November, 2008

Outcomes and the Value of Information

Wednesday, November 12th, 2008

More than four years have elapsed since I first wrote about what I called the Structured-Unstructured Information Continuum, and the Data-Information-Knowledge Continuum. Both articles described the nature of information and how humans consume it.

This is a long awaited discussion about the value of information. I shall cover the key points here and you are more than welcome to contact me to discuss the topic further.

The value of information is—and always will be—determined by outcomes. Information’s value is not intrinsic as some people seem to believe. Rather, its value is extrinsic and derived from its use or misuse as the case may be.

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