The Atkinson-Shiffrin model from 1968-1971 proposes that human memory involves receiving input through the senses, transforming and storing it, and retrieving it when needed. It uses the information processing approach which likens memory to how computers process information by taking it in, processing it step-by-step, and producing an output. Specifically, the model describes memory as involving three stages - encoding where information is converted for storage, storage where information is retained over time, and retrieval where stored information is accessed when needed.