In the past few decades, there has been a revolution in computing and communication, with all indicators accelerating the development of technology and viraltechonly. Accompanying and supporting the rapid growth of the power and use of new information technology, as well as the improvement in technology and increased competition, have led to a decrease in communication costs. Under Moore’s law, the processing capacity of microchips is doubled every 18 months. These advances have presented many important opportunities, as well as great challenges. Today, innovations in information technology are having a wide-ranging impact on many areas of society, with policymakers working on issues such as economic productivity, intellectual property rights, privacy protection, and low cost and access to information. The choices that are being made now have long-term consequences, and their social and economic impact must be taken into account.
One of the most important achievements in the development of information technology is probably e-commerce, a new way of trading. Although a few years old, it can radically change economic activities and the social environment. It could already affect major sectors such as communications, finance and retail, and expand to areas such as education and health services. It refers to the seamless application of information and communication technology across the entire value chain of e-commerce.
Influence of Information Technology and E-Commerce on Business Model, Business, Market Structure, Jobs, Labor Market, Education, Personal Life and Society.
- Business model, business, and market structure
An important way in which information technology affects work is to reduce the importance of distance. In many industries, the geographical distribution of work is changing dramatically. For example, some software companies have found that software engineers can beat the local market by sending projects to India or other countries with relatively low wages. In addition, these arrangements can take advantage of the time difference and work on critical projects almost day and night. Companies can lease production to other countries and maintain close contact with telecom-based market development, research and distribution teams and production teams. So this technology can achieve better division of labor between countries, which in turn affects the needs of each nation for different skills. This technology combines different types of work and employment. The greater the freedom of businesses to find economic activities, the greater the competition between areas of infrastructure, labor, capital, and other resource markets. It also opens the door to oversight: companies can increasingly choose which tax authorities and other regulations apply.
- Jobs and the labor market
Computers and communication technology allow individuals to interact with traditional face-to-face, telephone, and writing methods. They initiate collaborations involving a group of assigned actors. These technologies take advantage of global and ever-evolving communication infrastructure, allowing for 24-hour activities and synchronized as well as synchronized interactions between individuals, groups and organizations. Social networking in organizations is affected by computers and communication technology. Transparency through cross-departmental information exchange and coordination of activities. Due to the social control issue posed by the use of computer monitoring systems, the interaction between senior executives and subordinates is more tense, but on the other hand, the use of e-mails reduces the barriers to different communication networks, resulting in more restrictions. Communication between supervisors and subordinates.
The advancement of information technology is not about eliminating traditional classroom teaching, but about influencing the teaching profession through supplementation. Indeed, effective teachers act by mixing roles. In one role, the teacher is the student service provider and can be considered a customer. But effective teachers play another role as student supervisors, and play a role in motivating, encouraging, evaluating, and developing students. Students who have the background, motivation, and self-education skills needed for any topic should always learn from their own workbook or computer assistant teaching.