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The Almighty Buck

+ - Economic Impact of Tech Understated, Study Says

narramissic writes: "A report released this week by the Information Technology and Innovation Foundation (ITIF), a pro-technology think tank, claims that in addition to creating higher-paying jobs, allowing businesses to cut costs, and creating opportunity for innovation, IT was responsible for nearly all of the U.S. worker productivity growth between 1995 and 2002. At a forum in Washington, D.C., the report's co-author and ITIF president Robert Atkinson warned lawmakers that there will be a 'significant cost to the economy if you hinder digital transformation' and called on the government to spur IT adoption in several industries, including health care, banking and transportation."

The rule on staying alive as a forecaster is to give 'em a number or give 'em a date, but never give 'em both at once. -- Jane Bryant Quinn

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