CTU Doctoral Graduation

Monday, December 7, 2009

A Forecast from Technology's Promise by William E. Halal

E-Commerce - Global Access

Technology’s Promise draws on the work of TechCast Project at George Washington University. The TechCast “A Virtual Think Tank Tracking the Technology Revolution” forecasting system has been developed by Professor William E. Halal from pooling the knowledge of 100 experts around the world covering the entire span of technological innovation.

The forecast for E-Commerce – Global Access is a challenge to bring modern communication to poor nations. Globalization is rapidly changing Information Technology (IT) because the experts think 30% of the world’s population will have access to most media by 2016. Can you imagine before the recent global IT boom, only two-thirds of the world’s poor had never made a phone call not a liability or a burden any more a huge new market now, why is this? The poor is now a market for cheaper goods. For example, Hewlett-Packard, Dell, MIT, AMD, Intel and more are among the already prominent entrepreneurs providing PCs for $100 to jump start the poor nations. C.K. Prahalad stressed the point in “The Fortune at the Bottom of the Pyramid” a profit to be made from selling to the poor a global market for e-commerce. Stay tune for more updates targeting which poor nations are in the IT market and trade details. 

 "Imagination is more important than knowledge."
Albert Einstein

  1. Halal, W. E. (2008). Technology's promise: expert knowledge on the transformation of business and society: Palgrave Macmillan.
  2. Prahalad, C. K. (2009). The fortune at the bottom of the pyramid: Eradicating poverty through profits: Wharton.