The Economist’s Feb 25, 2010 issue has a special report on managing information targetting business but to be leveraged by all those in the information industry. Information management, which is all about understanding & applying information, is growing in businesses — so why are libraries being cut? We need to ask ourselves this.

Excerpts from the article: “Alex Szalay, an astrophysicist at Johns Hopkins University, notes that the proliferation of data is making them increasingly inaccessible. “How to make sense of all these data? People should be worried about how we train the next generation, not just of scientists, but people in government and industry,” he says.

Chief information officers (CIOs) have become somewhat more prominent in the executive suite, and a new kind of professional has emerged, the data scientist, who combines the skills of software programmer, statistician and storyteller/artist to extract the nuggets of gold hidden under mountains of data. Hal Varian, Google’s chief economist, predicts that the job of statistician will become the “sexiest” around. Data, he explains, are widely available; what is scarce is the ability to extract wisdom from them.”

I hope I get this quote correct “If not now, when? If not us, who?”