write down the impact of Information Technology on the life of poor people of India in terms of economic development
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Answer:
The Fourth Industrial Revolution (4IR) heralds an exponential pace of technological change, building on the digital revolution to combine technologies, spawn new ones, and transform systems, industries, countries - even society itself.
For developing countries, advances in computing power, connectivity, artificial intelligence, biotechnology and GIS, and newer, more capable technologies hold tremendous promise. Inclusive agriculture, rural growth and structural transformation from agriculture to high-productivity manufacturing and other economic sectors can be accelerated, as technological change transforms individuals’ lives and enables developing countries to progress at speeds and on scales previously inconceivable.
To realise the positive outcomes of this new industrial revolution, public policymaking must bridge the already widening gap between skilled and unskilled labour. This gap already poses a threat to the liberal world economic order in the form of anti-globalisation movements - manifested in the rise of US President Donald Trump and Brexit - which have been caused in part by the liberal elites' prolonged neglect of the growing economic inequalities and the plight of the working class that globalisation has prompted.
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