Neuroscience extensively uses the information theory to describe neural communication, among others, to calculate the amount of information transferred in neural communication and to attempt the cracking of its coding. There are fierce debates on how information is represented in the brain and during transmission inside the brain. The neural information theory attempts to use the assumptions of electronic communication; despite the experimental evidence that the neural spikes carry information on non-discrete states, they have shallow communication speed, and the spikes' timing precision matters. Furthermore, in biology, the communication channel is active, which enforces an additional power bandwidth limitation to the neural information transfer. The paper revises the notions needed to describe information transfer in technical and biological communication systems. It argues that biology uses Shannon's idea outside of its range of validity and introduces an adequate interpretation of information. In addition, the presented time-aware approach to the information theory reveals pieces of evidence for the role of processes (as opposed to states) in neural operations. The generalized information theory describes both kinds of communication, and the classic theory is the particular case of the generalized theory.
Keywords: information content; information theory; neural bandwidth; neural communication; neural computing; neural information; neural learning; power bandwidth; skewed distributions; time-aware computing.