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Impacts of Information Technology on Society in the New Century

 There has been a revolution in computer and communications technology in the past few decades, and everything indicates that technological advancement and the use of information technology will continue at a rapid pace. The dramatic increase in performance and the use of new information technologies was accompanied and sustained by the decrease in communication costs, both due to technological improvements and tougher competition. According to Moore's Law, the computing power of microchips doubles every 18 months. These advances offer many important opportunities, but they also pose major challenges. Today, innovations in information technology have far-reaching implications in many areas of society, and policymakers are taking action on issues of economic productivity, intellectual property rights, the protection of privacy, and the accessibility and accessibility of information. The choices made now will have lasting consequences and their social and economic impact must be take