Business and technology driving world economy

It’s interesting how the world dimensions for ascertaining economic progress are fast changing positions. Few can now recall that not long ago, the nations’ economic performance was determined by how much a country was producing in the agriculture sector. Cash crops were the epicenter of economic growth. This can be seen from the slavery and slave trade that shipped Africans to Europe and American to provide cheap labor for the farms. The business and technology industry arguably existed in ancient Greece and was first debated by the Greek philosophers Aristotle and his peers. The original meaning has however mutated over time motivated by the 19th-century renaissance in innovations, and the industry accrued more traction in the 20th century with the onset of the internet. A common folk would presently define the industry as a phone, computer, motor vehicle, communication and construction companies, etc.
The world has witnessed this transition with mega enthusiasm, acceptance, and approval. The business technology industry of this new era received enormous embrace in its inception ideally because of the easiness it came with seeking to make man’s life better. It’s currently the fastest growing venture fueled by innovations being regularly unearthed. Governments of the day have had no other option but to digitize their systems too enabling them run even more efficiently. As each country endeavor to advance the living standards of its citizens, the loudest campaigns and most stringent affirmative actions are being undertaken in the business and technology industry. The US president Mr. Barrack Obama can be said to be the most glamorous preacher and supporter of business and technical gospel with his appeal to governments to educate and support the youth in the industry. The move he argues will rationalize the nations to meet the demands of the time.
I support president Obama, and if you doubt, Sheygan Kheradpir, present CEO of Juniper is an ideal example to reckon with. He Ph.D. holder in electrical engineering with a focus on control systems. His triumph in technology is terrifically profound. His entry into innovation was groundbreaking when he built an organization that developed the first national network management platform for GTE, which integrated infrastructure, transmission, and switching; called TUNICS. His accomplishments are innumerable, but it’s worth noting that Sheygan spurred the innovation of the award-winning high-speed data FiOS interacting TV and internet streaming software. This truly explains why the United States is the number one economy in the world.
It’s irrefutable that nations massively investing in this field are the very operators of the most powerful economic engines in the world while economies in jeopardy have had tiny regard to the sector. Although other areas are pretty important too, the 21st rules of the economic game demand that more attention is directed towards business and technology. Some have coined it as digitization. This includes funding and sophisticated skill, a consequent of proper education to all.
Statistics has put it quite clear that the top richest people on earth are businessmen in technology. Bill Gates, the Microsoft owner and Carlos Slim Helu, and family, telecom is the top two exchanging positions occasionally. These two gentlemen contribute enormously to the United States economy.

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