THE SUMMARY OF THE NEW INFORMATION INDUSTRY

Name: saidu mujitaba baure
Reg.no: MIM/Educ33603/2009-2010
Course: Online Information Industry
Course code: LIBS 883
Summary of the article: the new information industry
The new information industry is expected to make significant contribution to the economic vitality and overall well been of the nation, and the quality of life of it citizen.
The article indicate the fact that the united state information industry is in the period of transition and transformation
While it is true that encouraging trends have emerged for some years, discrepancy between development levels in Africa, and more particularly in the least developed countries and the level affirmed in the rest of the world has widened in the field of ICT.
The information industry is mostly concern with the business opportunities related to Voice, image, text, and audio. The articles sleeked to explain the need for the transformation of the information industry because today, most scholarly information are been produce in digital form.


The articles explained that the information industry has been steady for many years and we don’t see this grammatically changing anytime soon.
The information industry firms serving financial services are feeling some pain from the economy doubly, so it they are operating with absolute business or delivery models. Thus, while in new information has certain cycles, it is relatively stable as a whole because of it portfolio nature.
The paper highlights “it is not unreasonable to envisage a situation where in future all scholars, communication will be entirely in electronic format. For most scholars, journals, the transition away from the print format and to an exclusive reliance from the electronic version seems all but inevitable.
Criticism/ comment
1. the article is out dated due to the fact that the transformation in the information industry has all ready begun.
2. African countries are clearly not preparing for such eventualities of the transformation. Whilst the whole world is steering to keep ahead of the digital environment, the continent has still not moved any further in preparing for Africans knowledge resources in the digital era. Most of the higher institution of learning are still largely dependent on print resources in accessing knowledge resources, the situation based on my findings is similar in other African countries. This trend is likely to continue to the extent that countries and institutions that are not taking preparatory measures today in handling the situation will be left out in accessing knowledge resources that are in electronic form, whenever the print form is no longer available to them.


3. transformation of the information industry is supported by Noruzi (2004) where he revised the five rules of Librarianship in the context of what they will mean for information provision in today’s digital environment
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