How does systemaccounting value information?


If information is intended to add value to a decision, then its value is productive. Otherwise, information having only entertainment value is consumptive.

Systemaccounting defines the productive value of information to be measured by the amount of work it reduces, i.e. shorten the distance between an initial condition and the desired outcome. For information that describes how to achieve a previously-impossible outcome, the productive value is infinity, and for information that informs its recipient how to achieve an outcome they're already capable of, the productive value is zero.

It is the purpose of systemaccounting to maximize the circulation of information possessing as much productive value as possible within the economy.

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