Why information is more valuable and how to use it effectively

Importance of Information and effective usage tips

This may seem like such a basic question that you’ve never bothered to ask it, but what exactly is information?

It is so important to our modern lives, yet we don’t really understand why.

Fundamentally, information allows us to extend our experience of the World beyond the range of our five senses.

If we didn’t use information, we would only know what we directly see, hear, touch, smell or taste.
Information comes from the word “inform” – it informs us about things that we didn’t directly experience.

Power point presentation on importance of Information:

Information Is Like Water from Oscar Berg

Why information is valuable to us?

We all recognise that information is valuable – if you’ve ever paid for a newspaper or magazine, you have demonstrated this. But why – specifically – is information valuable, and why is one piece of information more valuable than another?

There are three ways information can be valuable to us….

1. It entertains us
2. It helps us make better decisions
3. It helps someone else make better decisions, and we can exchange this information for something else

Courtesy Source: http://www.slideshare.net