Artificial intelligence is exerting a significant worldwide influence across a range of industries and sectors in the current technological era. While its far-reaching impact is already noticeable, there is still considerable potential for further development. AI’s multi-faceted effects on the global economy are vast and wide-ranging. The Role of Technology in Economic Development AI possesses…
Role of 5g Technology in the Digital Economy
Every successive generation of wireless communication technology has changed the way how we live and work. 1G allowed voice calls, while 2G supported data transmission. Whereas, 3G, launched in India in the late 2000s, presented the feature of video calling. 4G’s data speed of 1 gigabit per second (Gbps) allowed 3D virtual reality (VR), augmented…
Role of Industrial Automation in the Indian Economy
We are in the middle of an advanced industrial revolution. It is allowing complex machinery and processes to be managed much more effectively and affordably than ever before. Hence, by reducing the need for human labor in redundant and dangerous processes. The role of industrial automation in the Indian economy is allowing businesses to focus…