Based on information from the World Economic Forum, it is useful to consider that technology and innovation play the following roles:
1. Direct job creation: in the US alone, computer and information technology jobs are expected to grow by 22 percent up to 2020, creating 758,000 new jobs.
2. Contribution to GDP growth: a 10 percent increase in broadband penetration is associated with a 1.4 percent increase in GDP growth in emerging markets.
3. Emergence of new services and industries: in Tanzania, for example, mobile money agents now outnumber all other financial intermediaries by ten to one. Over half of those living on less than $2 a day have access to mobile.
4. Workforce transformation: new “microwork” platforms help to divide tasks into small components that can then be outsourced to contract workers worldwide.
In our other countries, we have many examples of the economic and social transformation enabled by technology and innovation.
WHAT WE NEED TO DO AS YOUTHS
It’s important we know, more importantly is that we key into and take to practice information in the digital space. Get soft skills, learn, learn and learn something new,graphics, web design, 3D animation, Closed Captioning, app development /programing, IOT, Robotic, Data security . etc. Someone ones said in the nearest future illiterate would no longer be those who can’t read and write but those who have no idea of what programing is.. Tech is the future..
We need to drive more technological education to be able to maximize the benefits of the changing world. Otherwise, we’ll just have a lot of people out of work and unemployable.
It goes further to buttress the fact that we are in the era of knowledge based economy not just natural resources..
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