This chapter examines the key changes in the nature of our occupational and socio-economic structure that have produced what is known as the 'information society'. In so doing, it attempts to explain why there is such a great interest in and reaction to the new technology. The chapter discusses few possible perspectives on where the nature of the so called 'microelectronics revolution' is taking us. It provides a brief overview of 'new office technology', as well as the phases in the development of the 'microelectronics revolution'. A crucial distinction will be made between the nature of the earlier computing technology and new microelectronic technology. The chapter discusses several popular misconceptions about the impact so far. Several popular misconceptions about the impact so far will be also discussed. This chapter also provides an overview of this book. It describes how a complex set of technical, human resource and strategic issues must be dealt with in order for successful implementation.