Impact of information technology

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Impact of information technology on different segments of society.

Transcript of Impact of information technology

Page 1: Impact of information technology
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Impacts of Information Technology

on Society in the new Century

• Before current technology came to the forefront, we had about seven basic modes of communication: telephone, telegraph wire, television, radio, mail, fax machines, eventually the pager (or beeper) and the grapevine---over the fence.

• Information Technology is being applied in our daily lives. Information technology has significantly advanced the way businesses do business and the way people do their jobs all over the world

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• . In many industries, the geographic distribution of work is changing significantly. For instance, some software terms have found that they can overcome the tight local market for software engineers by sending projects to India or other nations where the wages are much lower.

• Firms have greater freedom to locate their economic activities, creating greater competition among regions in infrastructure, labour, capital, and other resource markets. It also opens the door for regulatory arbitrage : firms can increasingly choose which tax authority and other regulations apply.

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.ONLINE fever is spreading like wildfire in India and may exceed Rs. 4 lakh crores by 2020, a mind-boggling figure by any means. This may push retail and small stores to the backseat as the growth rate is more than 80% year on year. From buying small pen drives to furniture, from computers to travel and insurance, you can buy horeceive the goods at your doorstep. This quantum leap in online retail or Etail, as some have coinvirtually anything me and online, using your credit/debit cards or bank transfers to make payment from the comfort of your the word, will be all encompassing.

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A study shows that online shopping is fueled by smartphones and ecommerce stores are building mobile-friendly websites. Try it once and you will become enamored of online shopping using your smartphone. The only glitch is delay of a couple of days between ordering and receiving your product, a small one when you consider the benefits. Before you buy online consider these tips:• Buy only from established large online stores like flipkart• Before buying, check the returns policies, cancellation and refund. If they levy cancellation or effect refund after deducting “bank and processing charges” go to a friendlier store.• If you choose to make payment online through credit card, check that the payments page has https:// “ prefix. If not your details may not be secure. Prefer COD (cash on delivery) options• COD is great, though you may be charged a little extra by some stores. You can check the contents and if it is not what you ordered, return the parcel, cutting short the process of payment/replacement/refund.• Compare prices from different stores and check that shipping and taxes are included.• If online discount codes and coupons are available, make use of them.• Avoid impulsive buying and wait for the right time when prices are lowered or deals are available. Register with them, follow them on Facebook and you get offers, especially those not-to-be missed deals of the day.

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• Computers and communication technologies allow individuals to communicate with one another in ways complementary to traditional face-to-face, telephonic, and written modes.

• Interaction between superiors and subordinates will become more tense because of social control issues raised by the use of computerized monitoring systems, but on the other hand, the use of e-mail will lower the barriers to communications across different status levels, resulting in more uninhibited communications between supervisor and subordinates

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. The greatest potential for new information technology lies in improving the productivity of time spent outside the classroom. Making solutions to problem sets and assigned reading materials available on the Internet offers a lot of convenience.

• Text can be combined with audio/ video, and students can interact in real time via e-mail and discussion groups. Such technical improvements coincide with a general demand for retraining and upskilling by those who, due to work and family demands, cannot attend traditional courses.

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• Technology touches everything we do

• large companies can connet with employees,supplier,and partners around the glob,and small business can find their customers anywhere in the world.

• with the world’s information at our fingerprints and clients and colleagues instantly reachable,the internet is very vital to our lifestyle and to go through life without it will be very tough especially since we use it every day.

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• The rapid increase in computing and communications power has raised considerable concern about privacy both in the public and private sector.

• It is popular wisdom that people today suffer information overload. A lot of the information available on the Internet is incomplete and even incorrect.

• It must be studied how people assign credibility to the information they collect in order to invent and develop new credibility system to help consumers to manage the information overload.

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CONCLUSION

The ongoing computing and communications revolution has numerous economic and socialimpacts on modern society and requires serious social science investigation in order to manageits risks and dangers. Such work would be valuable for both social policy and technology design.Decisions have to be taken carefully. Many choices being made now will be costly or difficultto modify in the future.FOR ALL INFORMATION AND MATERIALS PLEASE CLICK HERE