When I was at school we were taught that there is 3,5 factors of production. According to clasical economists three of them are - land, capital goods and labor. Extra half teachers introduced as entrepreneurship or human capital or access to information. This last half is not adjusted definitely but it reveals in many cases.
On the strength of ecomomic approach i would say that information society is a society where physical factors loss their importance while there is no access and analysis of environment conditions. That is nowadays society became more dependent on external factors and learning the current situation give rise to more and more information transitions. Soinformation society in general and in two words is a society where processing information has extremely high priority.
Also it could be interpret as follows. When we will take a look upon DIKW hierarhy, we can see that information is under "knowledge" but upon "data". Thus people accumulated enough resources, tools and methods for gathering data and its representation and storing for further use. And the amount of information is really huge but still people have no resources to process this information properly to reshape it in knowledge and to go from quantity storing to qualitative storing. (Yes. this is doubtful statement. but i'm still waiting for alternative energy source and intergalactic trips:)). So now we can look on "information society" not as to achievement but as to disproportion between creation wisdom:knowledge:information:data comparing to other societies. So in information society this disproportion is to information good.
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