Pakistan is experiencing a technological tsunami

Internet-based techniques and technological advancements are sweeping our culture, having a profound impact on our jobs, families, private lives, and church life.

Gary Miller describes the cultural upheaval underway and defines the issues at stake, based on research that included interviews with young people and pastors, so you can equip your family and church to weather the tech tsunami.

The pandemic has provided a permanent boost to digitalization in emerging markets (EMs). So far, the consumer internet industry has led the way in digital transformation, but we are also seeing industrial internet applications take off as manufacturers seek to increase productivity through innovation.

Overall, internet businesses have become pervasive due to technology innovation and have significant room for growth across EMs.

The competition will increase as the number of internet companies grows. We are aware of this and prefer firms that can maintain their competitive advantages.

Another long-term trend that we see as critical is decarburization. Many carbon-intensive companies are bracing for higher carbon costs and are actively reducing their emissions through the use of technology.

Part I of a paradigm shift:

The IT sector in the era of digitalization is highly augmented and influenced by the economic growth.

It is critical to attaining numerous goals of Pakistan’s government preserved in the PTI’s platform for instance to make Pakistan a new business-friendly country.

This will be made possible by resolving the energy crisis, by generating employment opportunities, and also by bolstering the employment market, all assent with the prime president’s vision to create a digital economy.

21^st century calls for the dynamic institution in the field of science and technology. Not just in science and technology but digital the world calls for evolution in every filed for industrious human capital and leadership, legislation as well as regulatory framework/regime should not lag at any cost. 

 Drastic Drift in technological advancements: 

 The National Startup Policy 2021 has been completed by the ministry and it will be submitted to the cabinet soon.

Concurrently, draught policy regarding promotional activities for the sake of establishing the venture capital corporations are being vigorously referred to by investors. When these two guidelines will be combined, a program called ‘Tech-Tsunami’ will be used to contrivance the long-term trend.

The very initial stage of the programmer’s goal is to generate a thousand startups, and from these startups, the government is expecting to generate thousands of job opportunities for youngsters. The ambition is to foster an entrepreneurial culture.

Pakistan’s government is also working for developing country’s first electronics policy. The purpose is to limit the import of electronic products and to raise the development of the home-grown electronics industry.

 The Science, Technology, and Innovation Policy for 2021 has been developed and submitted to the Prime Minister’s Office.

It includes drastic and gradual recommendations that would be game-changers in reviving the national technology innovation system and speeding up the economic growth of the country and transforming to a knowledge-based economy.

The policy’s main thrust is a paradigm change from the educational effect of research and development to its social implications to make the sure long-term trend of business-friendly technology transfer in social and economic development.

This is a significant step toward establishing a knowledge-based economy, which is critical for our survival in the modern world.

To ensure the policy’s effective implementation, a policy implementation mechanism has been embedded in it.

A plan to acquire, disseminate, and develop seven emerging technology innovations previously been developed and will now be implemented following PM Office approval. 3D printing, artificial intelligence, smart vehicles and robotics, the Internet of Things (IoT), and other technologies are examples of these technologies.

With exception of past policies (1984 and 2012), the government’s legislation adheres to the central tenets of using skills to create jobs and wealth, as well as enabling product design through innovation and entrepreneurship, while also concentrating on new technologies and international and interdisciplinary diplomacy.