The impact of technology on the economy

Greetings friends, in this opportunity I will address the very versatile content of the world of the economy and the impact of technology on it, currently we are in the era of knowledge and digital ecosystems, our life habit has even changed, we can now carry out everything digitally, remote transactions without having to go to the bank, there is already digital banking which offers us great financial instruments, our money becomes digital, we can use BIO electronic payment to buy goods and services, in a publication previous I commented on what It is important to recognize how technology helped improve our quality of life, be it at home, business, supermarkets, payment method, digital support, in such a way that the QR application has a wide range of use today, and more so we are experiencing in this global pandemic, QR "Quick Response code", this type of technology that involves the evolution of the barcode over time, thanks to the development of a module to store information in a matrix of points or in a two-dimensional barcode with its own characteristics.

Within the world of economics is the study approach as the digital economy, which is responsible for studying everything that includes digital, digital ecosystems, blockchain, cryptocurrencies, digital banking, currently there are companies that manage your investments in the stock market digitally by monitoring your possible investment and financial strategy. The important thing about the uniqueness of the context is that the impact is that not all countries their economies are subject to technological changes, in the way they are capable of updating technological advances, since in most they do not have the necessary resources, since Whoever dominates technology and information innovation dominates the influential markets so to speak.

The use of cryptocurrencies has its impact on the economy, in the way that in the end to control this digital ecosystem of the blockchain, economic regulatory policy is established, since it cannot be managed decentralized as the management of cryptocurrencies, it can be used as a means of financing all investment risks. Apart from the way it impacts the handling of cryptocurrencies, there are already digital markets where we can see its trends, "Stock market capitalization." A technological investment should never be understood as an end in itself. Technology is a tool to improve the quality of life and the productive capacity of companies.

Another impact is the era of new technology if we are really prepared, such as AI, since it is a software system that reflects human intelligence, you have the following essential qualities: intentionality, intelligence and the ability to adaptation, already operating system of digital banking with this technology handling financial instruments. Technology contributes to GDP growth, thanks to advances in technology they contribute to the growth of the gross domestic product of many countries, the following must be taken into account, dear reader, how it has helped to increase efficiency and productivity in All industries, in the case of manufacturing organizations, can increase their production.

It is already a part of our philosophy if it is really willing to sudden changes, and how it will affect our society, if it causes loss or increases inflation levels. Everything remains in the best management of technology, since the exponential growth of computing power makes it seem that new technologies emerged from nowhere.