At times when everyone is talking about economic growth and crisis worldwide, It is important for techies to understand the role technology plays in economy. Be it in terms of decision making or negotiation, technology helps in every aspect.
Even in the situations like Prisoner's dilemma, technology can help in coming to a conclusion quickly. It also reduces the manpower and thus helps in reducing costs indirectly, giving a raise to economy.
When considering economy of a start-up organisation, it is not important to hire a programmer or a person who can code well. It is required to hire a good technical director or C.T.O who can take proper decisions in implementing technology and can save finances for the organization, because in the starting phase of any organization or company "funds" is a very important resource that has to be utilized wisely.
There are many countries out there who got on the global map because of the technology that they have implemented in, which lead to huge economical developments and changed the future for generations to come.
It is not wrong to conclude that what "Mathematics" did in the history is being re-done by technology now.
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