Analysis: How Has Technology Created Economic Divide

Preetika Mittal XB

How has technology created economic divide?

(Global Perspective)

Science and technology have been the driving force behind the economic improvement of the developed world. Advancement in science and technology have provided the knowledge to significantly reduce poverty while simultaneously improving the quality of life in developed countries throughout the 19th and 20th centuries. Specifically, major technological advancement in agriculture, transportation, public health, education, manufacturing and energy, have contributed to the enormous present day disproportion that exists between the developed and under-developed nations of the world.

It is a known fact that technologically advanced and industrialized European

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(National Perspective- Dubai)

Dubai is a perfect example of a country to demonstrate the above topic. In a brief history of five decades this country has transformed itself from a barren desert to becoming one of the richest and the most wanted destinations in the world.

Today Dubai is one of the most modern cities of the world which can boast of the most advanced infrastructure be it ports, highways, airports or the tallest building in the world. This could not have happened without use of technology. In this process Dubai has become one of the richest countries in the world. Then again, not all people living here are wealthy.

Earlier this month, His Highness Sheikh Mohammed bin Rashid said that he would like Dubai to become a smart city, smart economy, smart education and smart environment; to make a different life, not for upcoming generations, but a different life now. He added that Dubai will have a 5-D control room, the world's largest room which will be used to follow-up the process of transforming Dubai into a Smart City and will be also used to oversee the government projects and service indicators, roads, weather conditions and emergency situations,

By investing in the provision of technological training and facilities in the rural areas. The use of ICT should also be included in agriculture, education, healthcare and other social and economic activities.

(Personal Response)

During the course of my individual research project, my research-based evidence very clearly suggested one thing: Innovation in technology is the way to progress and move forward. It was a very noticeable pattern even in my family history that the economical prospects for those not very technology savvy are very average. Which gives me a very strong signal, that to be able to move forward and have bright future prospects, I have to consciously re-invent myself and stay in tune with technological advances.

Thankfully, most nations in the developing world have realized the same and are making progress in the field of technology as well. With countries such as India and Philippines growing rapidly, they seem to be the new emerging super powers. India has now the third largest economy in the world and it is estimated that with in the next few years it will take over that of Japan’s.

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