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Today at the Techonomy conference in Lake Tahoe, CA, the first panel featured Google CEO Eric Schmidt. As moderator David Kirkpatrick was introducing him, he rattled off a massive stat. Every two days now we create as much information as we did from the dawn of civilization up until 2003, according to Schmidt. That's something like five exabytes of data, he says. Let me repeat that: we create as much information in two days now as we did from the dawn of man through 2003.

Thomas Levenson. My day job has me professing science writing at MIT, mostly teaching in the Institute's Graduate Program on Science Writing.

"Let me now express my position more clearly and systemically: philosophy of science can seek to generate scientific knowledge in places where science itself fails to do so; I call this the complementary function of philosophy of science, as opposed to its descriptive and prescriptive functions. I propose taking the philosophy of science as a field which investigates scientific questions that are not addressed in current specialist science - questions that could be addressed by scientists, but are excluded due to the necessities of specialization."

Social media present risks and benefits to children but parents who try to secretly monitor their kids' activities online are wasting their time, says Larry D. Rosen, Ph.D., professor of psychology at California State University, Dominguez Hills. Rosen identifies potential adverse effects of social media, including: Teens who use Facebook more often show more narcissistic tendencies, while young adults who have a strong Facebook presence show more signs of other psychological disorders, including antisocial behaviors, mania, and aggressive tendencies. Daily overuse of media and technology has a negative effect on the health of all children, especially preteens and teenagers, by making them more prone to anxiety, depression, and other psychological disorders, and making them more susceptible to future health problems. Facebook can be distracting and can negatively impact learning. Studies found that middle school, high school and college students who checked Facebook at least once during a 15-minute study period achieved lower grades. Rosen says new research has also found positive influences linked to social networking, including: Young adults who spend more time on Facebook are better at showing "virtual empathy" to their online friends. Online social networking can help introverted adolescents learn how to socialize. Social networking can provide tools for teaching in compelling ways that engage young students. "If you feel that you have to use some sort of computer program to surreptitiously monitor your child's social networking, you are wasting your time. Your child will find a workaround in a matter of minutes," he says. "You have to start talking about appropriate technology use early and often and build trust, so that when there is a problem, whether it is being bullied or seeing a disturbing image, your child will talk to you about it." Ref.: Larry D. Rosen, Poke Me: How Social Networks Can Both Help and Harm Our Kids, 2011; 119th Annua

The next generation of social enterprises could be funded, and owned, by you and me, if the government opens the door.