As societies undergo a fundamental, structural transformation moving towards informational society, new spatial forms and processes--the space of flows--are currently emerging. These structural trends include the formation of a global and interdependent world economy working as a unit in real time, the transformation of organization logic towards flexibility and networking, the historical revolution in information technologies, and a qualitative leap in the shaping of our perception and consciousness by production and distribution of images/sounds. There are three layers of material support that constitute the space of flows: a circuit of electronic impulses, computer processing and high-speed transportation; the nodes and hubs of networking; and the spatial organization of the dominant elites. On the basis of this analysis, the author will make some remarks on the implications of these changes for architecture and design.