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The phrase "information society" is used across many disciplines, yet consensus on its meaning and significance is lacking. This paper explores possible meanings, with particular emphasis on economic and cultural factors. Frank Webster and Manuel Castells inform the discussion through their theoretical and empirical research on the topic. The European engagement development of information societies is analyzed with particular emphasis on Finland. Following this economic and cultural exploration of the information society, methodological implications are identified for research into information societies and consideration for information professionals.