The Cost of Information Overload
Feeling data-stressed? Got some info-tension? You're not alone - yesterday was Information Overload Awareness Day, a conference organized by Basex to discuss, what else, information overload. Some interesting facts and ideas come from the conference, namely from:
From Jonathon Spira, Chief Analyst at Basex:
+ The cost of Information Overload to the U.S. economy is $900 billion annually, as of 2008.
+ A mere 12% of the knowledge worker’s day is spent in thought or reflection.
+ We spend 15% of the day searching for things and 20% in meetings.
Nathan Zeldes, President of the Information Overload Research Group and Intel’s former Information Overload czar:
+ Information Overload is a subject everyone complains about but few actually undertake solutions.
+ The impact can’t be ignored: reduced mental capacity, no time to think about things, direct loss of productive time, breakdown of organizational processes, and a diminished quality of life.