Whoever is involved in close interaction with the Quality teams, ISO practices, Six Sigma among others would certainly know what version control is. Else, even the net savvy would know what versions are - every new update of windows is a new version, we have many other software and now Web 2.0 as well.
I imagine that soon people will be called by their versions at work or in corporate at large by their terms in an office / role / experience in an organization. O yes, and a unique reference code to identify each :) And there follows the Version history.. 1.0 was this, approved by so so..
Manohar Lazarus 8.2.0 referring XYZ 10.3.1, ABC 1.0.. LoL
Would certainly be fun to see this coming up..