ABSTRACT
Each digitization wave has a specific set of social and economic impacts. Computing, broadband, and mobile telephony networks have been instrumental in relaxing industry scalability constraints, thereby allowing traditional sectors of the economy to grow more rapidly. The alleviation of the resource constraint has led to increased demand for labor in service industries, (e.g., financial services, education, health care, etc.) although it also had a positive effect in manufacturing. Finally, the first wave appears to have had an impact on the growth of household income, and the facilitation of social inclusion (access to information, government services, and entertainment content).
Keywords: Technology, Information.
Received : 4th June 2019
Accepted : 15th June 2019
Published : 25th July 2019
REFERENCES
1. https://www.nap.edu/read/9601/chapter/8
2.https://www.researchgate.net/publication/228894032_Assessing_the_Impact_of_Basic_Research_on_Society_and_the_Economy
3. https://ostaustria.org/bridges-magazine/volume-14-july-12-2007/item/2324-science-impact-rethinking-the-impact-of-basic-research-on-society-and-the-economy