In his essay “The Typewriter: Into the Age of the Iron Whim,” Marshall Mc Luhan writes:
The mere interrelating of people by selected information is now the principal source of wealth in the electric age. In the preceding mechanical age, work had not been like that at all. Work had meant the processing of various materials by assembly-line fragmentation of operations and hierarchically delegated authority.
First of all, what does he mean? Second of all, what would Mashall McLuhan say is the “principal source of wealth” in the digital age? Remember, McLuhan was writing in the mid-60s. Please comment your thoughts.