MGMT 382 Lecture 1 Outline of Last Lecture I. 3 Great Moments in Human History II. Technology: progression and shock Outline of Current Lecture I. Finish technology and society coverage II. States on information and businessCurrent LectureTechnology Progression and Shock o Who is the Future Shock generation? (We are- dependent upon it)o Any generation in which technology has doubled -Expressive: piles on EX) Cars: originally classical, to get from A  B Now Expressive: dancing, singing, make-up, status symbol, talking on the phone, extended sense of privacy, emigrated to suburbs (social mobility) - Americans measure distance in minutes, not miles - Isolated wasteland becomes choice property - Enriched vocab: with flivver, skid, jaywalker - doesn’t take decades for technology to get its hold o Current Ex: IT o HG Wells- war of the worlds (1900); asked whether man will travel to the moon—he said man wouldn’t even have powered flight – 1903 = wright bros  Blurring lines of home and work  Changes images of community – virtually  Demassification  Blurring lines between produces & consumer  intermediaries play a huge role  Shifted from product  service  Changing images on property (tangible) o Don’t think about intangible property These notes represent a detailed interpretation of the professor’s lecture. GradeBuddy is best used as a supplement to your own notes, not as a substitute. Business philosophy: 5 Ms: Money, Machinery, Materials, Management, Materials & I; information resource tied with the intangible- used to augment resources you do have and to offset resources you don’t have - Our ability to do things with the data and information what makes it valuable - The Human Factor: not all about the technology, but it’s a tool; not here to replace us - All of this exists in the service of man, no matter what technology is out there we will always congregate together - Has a way of playing in to all areas of