Decay of Knowledge, Rise of Tech Debt

Has (information) technology made us smarter? And, are there costs that counteract - if not, neutralize - the perceived benefits of technology? Given the intangible and elusive nature of the impacts, plausible answers to increasingly common questions like these usually defy placement into an analytical framework. This post is our attempt to begin to overcome such impediments and be as objective as possible about the full range of impacts from technology, whether the use case be personal or institutional. The Digital Attention Crisis Our hypothesis on the decay of knowledge and the rise of "tech debts" is based on the idea that knowledge decay in the digital era is influenced by the following chain of logic: The capacity of (human) attention is, at best, inelastic - both individually and collectively; The proliferation of technology into all aspects of our lives represents an increasing source of distraction, noise, and "overhead" - collectively known herein as technology debts; The payment of tech debts is likely to increase in tandem with the increasing [...]