“Knowledge is the appropriate collection of information, such that it's intent is to be useful. Knowledge is a deterministic process. When someone "memorizes" information (as less-aspiring test-bound students often do), then they have amassed knowledge. This knowledge has useful meaning to them, but it does not provide for, in and of itself, an integration such as would infer further knowledge.”

— Russell L. Ackoff

As cited in: Jeff A. Riley and Kemal A. Delic (2010) "Enterprise Knowledge Clouds". In: Handbook of Cloud Computing. Borko Furht, Armando Escalante ed. Springer 2010.
Towards a Systems Theory of Organization, 1985, From Data to Wisdom, 1989

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Russell L. Ackoff 70

Scientist 1919–2009

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“There are three parts to learning: information, knowledge and wisdom, A mere accumulation of information is not knowledge, and a treasure of knowledge is not in itself, wisdom.”

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“To conceive of knowledge as a collection of information seems to rob the concept of all of its life. Knowledge resides in the user and not in the collection. It is how the user reacts to a collection of information that matters.”

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Source: 1960s - 1970s, The Design of Inquiring Systems (1971), p. 10; cited in Daniel J. Power (2004) Decision Support Systems: Frequently Asked Questions, p. 23

“Information is not knowledge and knowledge is not wisdom.”

James Gleick book The Information: A History, a Theory, a Flood

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“In the industrial mode of development, the main source of productivity lies in the introduction of new energy sources, and in the ability to decentralize the use of energy throughout the production of circulation processes. In the new informational mode of development the source of productivity lies in the technology of knowledge generation, information processing and symbolic … what is specific to the informational mode of development is the action of knowledge upon knowledge itself as the main source of productivity… in a virtuous circle of interaction”

Manuel Castells (1942) Spanish sociologist (b.1942)

Source: The Rise of the Network Society, 1996, p. 16-17 as cited in: Andy Hargreaves (2003) Teaching in the Knowledge Society: Education in the Age of Insecurity. p. 16

“Information is not knowledge. The only source of knowledge is experience.”

Albert Einstein (1879–1955) German-born physicist and founder of the theory of relativity

According to Barbara Wolff, of The Hebrew University's Albert Einstein Archives, this is not one of Einstein's identifiable quotations. (Source: paralegalpie.com http://www.paralegalpie.com/paralegalpie/2009/11/did-anybody-really-say-that.html.)
The phrase "the only source of knowledge is experience" is found in an English-language essay from 1896: "We can only be guided by what we know, and our only source of knowledge is experience" (Arthur J. Pillsbury, "The Final Word" https://books.google.com/books?id=Mw9IAQAAMAAJ&pg=PA595&dq=%22only+source", Overland Monthly, November 1896). The thought can be seen as a paraphrase of John Locke's argument from his Essay Concerning Human Understanding: "Whence has it [the Mind] all the materials of Reason and Knowledge? To this I answer, in one Word, From Experience". (Locke, An Essay Concerning Human Understanding/Book II/Chapter I, 2.)
The phrase "information is not knowledge" is also found from the nineteenth century https://books.google.com/books?id=W2oAAAAAMAAJ&pg=PA59&dq=%22information+is+not+knowledge%22.
Misattributed