There has been too much hype about the potential of technology to transform the economy of our country to greater heights. Those advocating for technology as the vehicle to development should know that consumption of the same requires disposable income. Without sufficient disposable income, we risk having the investment into the fiber optic cables being a white elephant not able to meets its intended objective. The move to negotiate with the players in the industry to try to lower tariff rates is commendable but we all know they can only take to a particle point.
The internet as it were has no power to drive economic change to a multitude, it can only do it for a specific number of people and the rest must remain as consumers for there to be any economic sense. We cannot all set up internet shops, who will buy from us. Even if we were to sell, do we have the competitive advantage to beat China or the United states at it? What is that we will be selling to the international market as the ICT board what us to do? You will realise there are other sectors we need to put our money in first before we go global on empty stomachs
The internet as it were has no power to drive economic change to a multitude, it can only do it for a specific number of people and the rest must remain as consumers for there to be any economic sense. We cannot all set up internet shops, who will buy from us. Even if we were to sell, do we have the competitive advantage to beat China or the United states at it? What is that we will be selling to the international market as the ICT board what us to do? You will realise there are other sectors we need to put our money in first before we go global on empty stomachs
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