Socio-economic impacts of ICT

Socio-economic impacts of ICT

Blog Blog Posts Resources Photography Instagram Surfing Instagram The impact of Information and Communication Technology upon business, society and culture in my lifetime and why ICT professionals are critical for developing ethical practices in the future.   Information and Communication Technology (ICT) is an enabler of change (ESCWA, 2014), and in less than a lifetime it’s ubiquitous manifestation has seen it woven into the fabric day to day life. An intertwining of such magnitude, has seen significant impacts on the societal, cultural and business elements of life. With the potential to achieve greater heights, also comes the potential succumb to greater falls, and thus the development of ethical practices by ICT professionals will see a role of great importance in the future to come. This discussion reflects on the ever evolving roles of technology in business and society, how the progression of our interconnectivity and globalisation is causing the oppression and dissipation of the minority, and the potential ramifications of change that needs to be considered.   Impacts on Business   Technology has become a driving force for businesses of the modern world (The World Bank Group, 2016). The evolution and integration of ICT has reached the very core of organisations. Reshaping the many aspects at a microeconomic level and revolutionising the world on a macroeconomic scale (LIFE, 2016). The past few decades have seen life redesigned across all dimensions due to the side effects of multidisciplinary information and communication technologies (FAS, 2016). Advances in ICT has played a momentous role in globalisation, removing the restrictions of borders and physical access, allowing the world stay more closely connected and informed than ever (RAE,...