{"id":59657,"date":"2014-09-02T03:04:25","date_gmt":"2014-09-02T07:04:25","guid":{"rendered":"http:\/\/countingpips.com\/?p=59657"},"modified":"2014-09-02T03:04:25","modified_gmt":"2014-09-02T07:04:25","slug":"the-death-of-the-age-of-knowledge","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/09\/the-death-of-the-age-of-knowledge\/","title":{"rendered":"The Death of the Age of Knowledge"},"content":{"rendered":"<div id=\"inves-147978941\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">September 2, 2014<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>By <a href=\"http:\/\/www.MoneyMorning.com.au\" target=\"_blank\"><u>MoneyMorning.com.au<\/u><\/a><\/p>\n<p>I used to know stuff.<\/p>\n<p>I achieved this by learning, by studying a given subject to know more  about it. Learning and building knowledge is very important.<\/p>\n<p>Well, at least it used to be important. <\/p>\n<p>I think we might now be living in a world with a shortage of something  really important. I&rsquo;m not talking about oil, water, or food, though the world  is short on those things.<\/p>\n<p>I&rsquo;m talking about a shortage of <a href=\"http:\/\/www.moneymorning.com.au\/category\/technology-and-innovation\" title=\"More on technology and innovation\"><strong>knowledge<\/strong><\/a>. I&rsquo;m talking about future  generations with less and less knowledge&hellip;where the simplicity and ease of <a href=\"http:\/\/www.techinsider.com.au\/category\/immersive-technologies\/\" title=\"More on immersive technology from Tech Insider\" target=\"_blank\"><em>accessing<\/em> information<\/a> is more important  than <em>learning<\/em> information.<\/p><div id=\"inves-3741256923\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>We&rsquo;re shifting to a world of instantaneous access &mdash; at the expense of a  world of life-long understanding.<\/p>\n<p>Why I even began to think about all this is quite simple. I got a new  smartphone.<\/p>\n<p align=\"center\">\n<h2><strong>OK  Google<\/strong><\/h2>\n<\/p>\n<p>While away in the US, I broke my Sony Z1 smartphone. Since I got back  from the US, I&rsquo;ve been using a &lsquo;dumbphone&rsquo;. Technically, it&rsquo;s a smartphone, but  I&rsquo;ll put it this way: It&rsquo;s so old it&rsquo;s not compatible with Twitter.<\/p>\n<p>So for the last few weeks I&rsquo;ve had no Viber, WhatsApp, Instagram,  Twitter (on my phone) and &mdash; worst of all &mdash; no Candy Crush Saga.<\/p>\n<p>But this all changed today because a brand new Google Nexus 5 entered  my life. I&rsquo;ve been trying to figure out for the last few weeks <a href=\"http:\/\/www.techinsider.com.au\/2014\/05\/iphone-vs-android-whos-side\/\" title=\"iPhone vs Android - Tech Insider\" target=\"_blank\">what phone to get<\/a>. On  the list were the LG G3, HTC One M8, Sony Z2 and a few others. But then I  decided to go all out Google and Android. <\/p>\n<p>This may come as a shock to many. But you have to understand I&rsquo;m a real  value for money guy. I want the best bang for my buck. The Nexus does not have  the best camera. It certainly does not have the best screen. It hasn&#8217;t got the  best processor or chipset and it&#8217;s absolutely not as big as some smartphones.<\/p>\n<p>But it&rsquo;s also half the price of the top shelf phones. Half. The. Price. <\/p>\n<p>But it&rsquo;s not half the phone. Most people would mistake it for a  high-end phone double the price.<\/p>\n<p>My penchant for bargain hunting aside, while setting up the phone, I  discovered the best feature of the Nexus 5. Two words: &lsquo;OK Google.&rsquo;<\/p>\n<p>&nbsp;&lsquo;OK Google&rsquo; is like Apple&rsquo;s  Siri&hellip;but better, much better. Even Hayley said it makes Siri seem &lsquo;garbage&rsquo;.<\/p>\n<p>I thought I&rsquo;d test it out, like really test it out. Now, the most important  thing to note here is all I have to do is literally talk to the phone. No  buttons to press, nothing to hold, nothing to swipe. I simply say, &lsquo;OK Google&hellip;&rsquo;  and ask my question.<\/p>\n<p>Also if you&rsquo;ve met me, you&rsquo;ll know I&rsquo;ve got a pretty distinct Aussie  accent. This was surely going to be tricky for the device.<\/p>\n<p>First question, &lsquo;<em>OK Google,  what&rsquo;s the London forecast this week?<\/em>&rsquo; Less than a second later, the phone  spoke back: &lsquo;<em>Here&rsquo;s the forecast for  London.<\/em>&rsquo; And the full London forecast for the week was before my eyes. I  tried a trickier location in another country. &lsquo;<em>OK Google, what&rsquo;s the forecast for Mt. Buller this week?<\/em>&rsquo; And there  it was, the forecast for Mt. Buller, Victoria, Australia.<\/p>\n<p>Next up, &lsquo;<em>OK Google what was  score of the QPR vs. Hull game?<\/em>&rsquo; QPR 0, Hull 1. Bummer.<\/p>\n<p>Then I decided to get crafty. In London, there&rsquo;s a TV show called <em>The Great British Bake Off<\/em>. Addictive  TV. But I&rsquo;m not going to go into that now. One of the celebrity bakers on the  show is Mary Berry. &lsquo;<em>OK Google, how old  is Mary Berry?<\/em>&rsquo; I wasn&rsquo;t more specific than that, but almost straight away,  the phone spoke back: &lsquo;<em>Mary Berry is  seventy-nine years old.<\/em>&rsquo;<\/p>\n<p>That impressed me. I went bigger.<\/p>\n<blockquote>\n<p>&lsquo;<em>OK Google, how did the universe  begin?<\/em>&rsquo; less than a second later, the phone spoke back. &lsquo;<em>According to UGCS, California Institute of  Technology, according to the big bang theory, the universe began by expanding  from an infinitesimal volume with extremely high density and temperature. The  universe was initially significantly smaller than even a pore on your skin.<\/em>&rsquo;<\/p>\n<\/blockquote>\n<p>Wow.<\/p>\n<p>Now that I did not expect. This went on for hours. Every time I wanted  to know something, I asked my phone. And it gave me the answer every time. Of  course, I already knew the answers to many of my questions, but that&rsquo;s because  I learnt learn them in the pre-smartphone era.<\/p>\n<p align=\"center\">\n<h2><strong>Say  goodbye to the age of knowledge<\/strong><\/h2>\n<\/p>\n<p>As a kid, when I wanted to know something, I&rsquo;d ask mum and dad. And  they&rsquo;d tell me to go to the library and find a book on it. That was how I  learnt stuff.<\/p>\n<p>Now, kids can just ask their phones. And it gives you the answer. No  digging around or visits to the library. The information is there on a silver  platter&hellip;or a black, rectangular smartphone.<\/p>\n<p>It&rsquo;s possible this will lead to a generation of kids who are  exceptionally good at finding information, but horribly bad at retaining it.  Why would they need to? Why waste hours on end at a library absorbing  legitimate knowledge? They don&rsquo;t. Those with enough drive might go online to  download a research paper, browse an encyclopaedia, or perhaps even download or  attend an online course.<\/p>\n<p>But many will simply ask their phone.<\/p>\n<p>I think this could lead to a great divide &mdash; not between the rich and  poor, but between those with knowledge and those without it.<\/p>\n<p>If you ask a high school graduate today about the big bang, they&rsquo;ll  likely give you an answer. In 30 years, though, you might ask a high school  graduate the same question, and they&rsquo;ll ask their phone. Or wonder why you  didn&rsquo;t ask yours.<\/p>\n<p>There&rsquo;s no doubt the technology is impressive. It still blows me away.  But with <a href=\"http:\/\/www.techinsider.com.au\/category\/emerging-technologies\/\" title=\"More on new technology from Tech Insider\" target=\"_blank\">this kind of technology<\/a>, we have to think about the consequences. Some  are good; some, potentially, are bad. <\/p>\n<p>We might be in the information age, but it seems we&rsquo;ve already lost the  age of knowledge.<\/p>\n<p><strong>Regards,<\/strong><br \/>\n    <strong>Sam Volkering<a href=\"https:\/\/plus.google.com\/u\/0\/111160335563076067119\/about\">+<\/a><\/strong><br \/>\n    <strong>Editor, <em>Tech Insider<\/em><\/strong><\/p>\n<p><strong>Ed note:<\/strong> The above article was originally  published in <a href=\"http:\/\/www.techinsider.com.au\" target=\"_blank\"><em>Tech Insider<\/em><\/a>. <\/p>\n<p><strong><em>From the Port Phillip  Publishing Library<\/em><\/strong> <\/p>\n<p>Special Report: <a rel=\"nofollow\" href=\"http:\/\/pro1.portphillippublishing.com.au\/255203\/\" target=\"_blank\">The explosive investment style providing  consistent opportunities to thousands of Aussies&hellip;<\/a><\/p>\n<p><strong><a href=\"https:\/\/plus.google.com\/106516983215198267222\/about\" title=\"Join Money Morning on Google Plus -- and read about the things we can't always fit into our regular essays\"><u>Join Money Morning on Google+ <\/u><\/a><\/strong><\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/www.moneymorning.com.au\/20140902\/death-age-knowledge.html\">The Death of the Age of Knowledge<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/www.moneymorning.com.au\">Stock Market News, Finance and Investments | Money Morning Australia<\/a>.<\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?a=MNGBC8CnRUY:Wq3O74ilDIg:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?a=MNGBC8CnRUY:Wq3O74ilDIg:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?i=MNGBC8CnRUY:Wq3O74ilDIg:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?a=MNGBC8CnRUY:Wq3O74ilDIg:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?i=MNGBC8CnRUY:Wq3O74ilDIg:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/MoneyMorningAustralia\/~4\/MNGBC8CnRUY\" height=\"1\" width=\"1\" \/><br \/>\nBy <a href=\"http:\/\/www.MoneyMorning.com.au\" target=\"_blank\"><u>MoneyMorning.com.au<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By MoneyMorning.com.au I used to know stuff. I achieved this by learning, by studying a given subject to know more about it. Learning and building knowledge is very important. Well, at least it used to be important. I think we might now be living in a world with a shortage of something really important. I&rsquo;m [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-59657","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/59657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=59657"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/59657\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=59657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=59657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=59657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}