Trust Trumps Information in A Networked World

By
Real Estate Broker Owner with Home Driven Realty, Inc

Trust Trumps Information in A Networked World

  

The 19th century British Prime Minister Benjamin Disraeli  once said, “As a general rule the most successful man in life is the man who has the best information”. Although true in the 18th and 19th centuries during the Industrial Revolution and reaching its zenith in the Information Age of the 20th century, it is Trust that trumps information in the Networked World of today.

 The Industrial Revolution got its start in Great Britain during the 18th century which at the time was the most powerful empire in the world. During this period advancements in technology led to the development of the steam engine, manufacturing, textiles, communication and  energy industries. The “best information” was held by a relatively small class.

The Information Age, also referred to as the Computer or Digital Age has been characterized by individuals having free flow and easy access to information through computers and networking devices. The internet, with platforms like ActiveRain, FaceBook, Google and Youtube has given the general public access that would have been difficult to access before.

 

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The Information Age has metamorphosed into what some have called the Connected Age with its locus represented by a Networked World.. Characterized by nearly transparent, hyperlinked, interconnected communication networks, the Networked World  has as its priority the development of relationships As stated in the article titled The Information Age To The Connected Age ,  value in the Connected Age lies “In the relationships that aggregate, filter, and manipulate distributed intangible goods”..

The key to the focus on relationships is trust. Trust defined as certain and secured reliance on the character, strength or truth in the information provided and the entity providing it. Trust is the glue that holds relationships together.  It is the default filter that assures the “Best Information” in the  free flowing and easily accessible information system of the Networked World

The importance of Trust in a Networked world- in a Connected Age- may have been expressed best by Eric Schmidt, the current Executive Chairman of Google. At the 2009 Commencement Address at the University of Pennsylvania Mr. Schmidt stated, “In a networked world, trust is the most important currency”.

Yes Eric, Trust trumps Information in a Networked World.

 

 

 

This post is a submission to the ActiveRain / Adobe EchoSign Trust Contest. I could possibly win a prize. You can find out about the contest by clicking here

 

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Data Source: Multiple Listing Service of Long Island

Information deemed Relable but not Guaranteed.

All photos and written content were produced by Patrick White. All Rights Reserved. This content may not be reproduced or reprinted, except for Active Rain Re-blogging, without express written  permission of Patrick White, REALTOR®, Home Driven Realty, Inc., Baldwin, New York.

Patrick White, IMSD, e-Pro, RSPS, SFR, SRES, Realtor
Licensed Real Estate Broker

Certified HUD Foreclosure Broker
Home Driven Realty Inc
www.HomeDrivenRealty.com

mailto://Pat@HomeDrivenRealty.com

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Charlie Ragonesi
Homes - Big Canoe, Jasper, North Georgia Pros
AllMountainRealty.com

It is interesting because many authors have said the next age after the information age will be about things like trust and a more "organic"  way of living. Great post thanks i got the brain working on this

January 27, 2012 01:06 PM
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Patrick White
Put our 26 years experience and technolgy to work
Home Driven Realty, Inc

Good Afternoon Al

Thanks for the comments. Have a great day

January 27, 2012 01:12 PM
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Karen Kruschka
- "My Experience Isn't Expensive - It's PRICELESS"
RE/MAX Real Estate Connections

Patrick  Wow - you really put a lot of time and thought into this.  You are way over my head on the historical aspect.  Good luck with your entry - I've given up on contests for awhile

January 28, 2012 04:48 PM
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Patrick White
Put our 26 years experience and technolgy to work
Home Driven Realty, Inc

Good Evening Karen

Thanks for the post and comments. Don't stop blogging Karen. Your presentation and preparation are inspiring. Okay, a little break ;-). Have an awesome week.

January 28, 2012 06:47 PM
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I have been working with buyers and sellers in Brooklyn, Queens and Long Island metropolitan areas, in general, and the Baldwin, Freeport and Uniondale aeas of Long Island in particular for over 26 years as a Realtor. I provide superior customer service to families by •Working honestly, with integrity and a broad knowledge base •Discussing short-term and long-term Housing and Lifestyle goals •Helping with financing, managing capital gains, tax implicaions of owning, selling or exchanging real estate, housing options and the changing needs of families •Assisting in forming the "A Team" of real estate professionals which include a real estate attorney, accountant, financial planner, home inspector/engineer, mortgage consultants

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