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Pakistan is known as the land of opportunity which has tremendous and unmatched potentials. While technology-enabled innovation is the major spur to productive growth, rapid advances in technology are enabling new business opportunities. Digital progress is the result of general-purpose technology that has the flexibility to transform itself as the driver of change for boosting productivity across all sectors. By reducing the cost of information, digital technologies could greatly reduce the cost of economic and social transactions for firms, people, and the public sector.
The digital revolution is well underway and is impacting the parameters of large-scale manufacturing, retail, and banking, and logistics businesses. For developing countries, there will be pressures on skills delivery, labor migration, and productivity. Information technology has revolutionized social and organizational life around the globe.
Given the newness of information technology as a technology, there is a lot of potentials that need to be explored. It is, however, argued that information technology can revolutionize economic development, by the same coin, although its mismanagement in the adoption process can end up in problems or even straight failure of technology at the business end. As Pakistan went into lockdown last year, residents used smartphones, tablet computers, and laptops to work, study and stay connected.
For service providers, being able to handle mobile traffic in a huge country like Pakistan is a challenge. Combined with the increase in smartphones and data use, service providers know they need to act to meet the expectations of subscribers. A striking fact is that less-developed economics are quickly adopting these technologies and are taking a lead in the usage of digital technologies.
In Pakistan, where a large number of young population is preparing to enter the job market, policy intervention to create linkages with the advanced curriculum through digital partnerships may lead to catching up with required skills in a timely manner. There is a clear gap between institutions and technology in Pakistan.
The government tends to adopt technologies for service delivery with little emphasis on empowering citizens to hold them accountable.