Md Jahedul Islam

The economy of the present world is also called the economy of information technology. Because the state, individual, organization or organization of information technology is composed of the same information. Looking at the world's major economy it can be easily realized. Today's economy does not deny this world technology but is moving at a rapid pace. Every country in the world has realized that economic development is not possible without technical development.

Therefore different countries are taking various initiatives to make this technology more accessible. The spread of communication technology that has introduced the idea of a new economy. The concept of the new economy of communication technology worldwide developed through the invention of the Internet in the 5th. It brings the world to the hands of the peoples. New businesses and millions of new jobs have been created and laid the foundation of a sustainable global economy in the 21st century. The Internet is now sending around twenty (20) thousands seven hundred (700) crore e-mails in one day, more than 420 crore are being searched in Google.

A long time ago these changes were unimaginable in the field of information technology. Science and technology are a wonderful invention of people. Science and technology are constantly showing their innovative power to the people of the world. As a result the people of the world are the surprises of science and technology today without an inventor or inventor. The innovation and excellence of science and technology is as if the imagination of the human being is over. The whole world has now become a global village in this unimaginable dedication of technology. Our world is constantly changing in the invention of the different technology. The development of technology is changing as well as the world is changing. This is also changing people's lifestyle.

Technology is contributing to making people's lives easier, comfortable and safe. Each new invention comes and the old technology is canceled. Now if there is a smart phone in hand, clocks, flashlights, post offices, money order arrangements, or even radio and TV are not needed. Mobile phones have become a diverse powerful worldwide. Another wonderful technology has been associated with the Internet. As a result technology has become the main component of life. Scientists are constantly looking for modern technology. Thousands of satellites across the space are one of the leading heroes to change the scene of the earth.

Not just computers but also the laptops, iPods, tabs, Apple, Amazon, Google, Microsoft, Facebook mobile app, robot, drone, mobile banking, online shopping, ride, latest agricultural technology, fishing technology and many fancy technology creating revolution. The popularity of the use of information technology is increasing day by day. Today's generation is floating in the tide of technology. In addition to ensuring economic development technology is expanding to improve the quality of life. This speed will be accelerated in the coming years. Then the appearance of the earth will change with the magic of modern technology. The eyes of the generation are now online. Currently more than 500 million smartphones are being used in the world. In the years of 2010 the total number of Internet users in the world was 130 crore. That number increased to 720 crore in the years of 2019.

The Internet has become a pillar of modern informative society by connecting hundreds of millions of people around the world. Currently technology has opened the way for employment to the digital economy worldwide. Especially in the IT sector it has great success. Demand for skilled professionals is increasing at a rapid pace day by day. The world has begun to be prepared for the Fourth Industrial Revolution. Through this revolution to strengthen their economic position, all the states in the world are doing extensive research on scrutinizing and scrutiny aspects of special plans. So this time is called the era of revolution in information and technology. The fourth industrial revolution is constantly affecting the structure of global labor markets, the type of future activities, the unequal of income, geopolitical security, social and moral values.

As a result of this impact, everything in the modern world is changing. The future dreams with which is perfectly mixed. As a result the change mentioned will improve the quality of life of the people. This will increase the income of the whole world and the economic structure will expand stronger. Especially the distance between people will be reduced and a more powerful economic rich global village will be created. Where AIOT will play an important role. This AIOT is the result of artificial intelligence (AI) and the result of the internet of Things (IoT), ie AI + IoT = AIOT. The use of technology will be changed and enhanced by utilizing this extension of technology. In the modern world technology is undoubtedly a huge impact on every aspect of our lives. Currently from our daily work to every level of social work, the technology acts as a catalyst for changing technology.

This impact of technology on economic development is no exception. The economy is rebuilding the technology process, production system and cost types. Technology not only drives innovation and encourages growth opportunities but also presents the challenges of the traditional models of economic development. The progress of technology has driven the rapid rise of the digital economy in a very well organized and planned manner. In the current economic technology era business happens mainly online. Also in addition to opening a new way for economic activity, the business enables the worldwide market and customers to easily reach. The connection between technology and humanity has changed our lives and will continue in the future. It is widely recognized that technology is the main driver of economic growth of countries regions and cities. Technical progress allows better products and more efficient production of services. It mainly depends on prosperity.

The writer is a, Network Technician (ICT Cell) Jagannath University, Dhaka.