[JohnGalt]

I agree, however, the value-added of the Information Age is a radical reconstruction of the economy that makes it much more responsive to changes in market conditions. There is simply trillions and trillions of dollars to be 'saved' in automating business processes (off site sales rep to plant floor, for example.)

While not inovation and rather application, the process by which we learn to do things exponentially 'cheaper' has 'value.'

[Willie Green]

the value-added of the Information Age is a radical reconstruction of the economy that makes it much more responsive to changes in market conditions.

Information is not in and of itself "value-added", it merely enables value-added processes to be utilized more efficiently. To create wealth, one must still engage in the ownership/operation of material-based productive resources. i.e. -- the "Industrial Revolution" remains intact as the predominant economic force, not the "Information Age".