Study Attempts to Quantify IT’s Effects on the Economy
March 19, 2007 Timothy Prickett Morgan
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Back in the days of data processing, just replacing people with computers seemed to be enough of a good reason for business managers to spend relatively large sums of money on mainframes and minicomputers. But as the use of computing ballooned in the following decades, weaving itself into the very fabric of the economy and our lives, we ironically seem to not know exactly how much all of this information technology–which is more about linking people and companies than it is about doing bookkeeping in the back office–is helping or hurting the mature economies of the world. According to a |