OCC The Impact of Internet Related Technologies on Accounting and Finance Essay
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Technology helps us to accomplish more in less time and at less cost. The past few generations of workers have witnessed a pace of
change that has turned industries upside down. For the most part, these folks could adjust as change occurred.
Todayàtechnological advances are happening faster and faster. What used to take decades to develop and implement can know be
done in a few years. Or even months. Todayàgeneration can expect a few career changes.
Why the big concern for preparing for change? Hereàa couple of thoughts for you to research:
Mooreàlaw /n the history and future growth of computing power
Blockchain ! áfe and hackproof-ethod of transacting business contracts (Ethereum smart contracts)
Cryptocurrencies $igital money (e.g. bitcoin) that rides on blockchain technologies (better than real money? Or a hoax?
Bigdata, machine learning, and artificial intelligence (ow can these technologies make our lives better?
Quantum computing 4his is a reality starting to take shape. If QC can be reliably harnessed, the computing world will be
revolutionized in your life time.
All of the above technologies have wonderfully good possibilities and incredible threat capacity.
Thatàthe backdrop, hereàyour assignment.
1. Pick an industry that you would like to spend your career in
2. Perform some research on what new technologies will advance the capabilities of the industry and help you do your job
3. Perform some research on how these new technologies will cost jobs in the industry.
4. What can you do to stay involved in the industry?
5. How do you feel about the long-term ability to keep your personal financial and health information secure?
A few broad industry categories (you can be more specific if you would like)
Finance, Real estate, Manufacturing, Communications, Technology, Mining and materials development, Healthcare administration,
Pharmaceuticals, Retail, Energy, food and water distribution, information security, weapons technology,
Paper format:
4+ pages, typed using MS Word. (back it up frequently)
ote: If I cannot open your document in MS Word the grade will be zero.
2-3 sources, cite them appropriately (APA) check out the ¥ferences4ab on MS Word
ibrary databases, Online searches,
ue last day of class
A note on easy searches. Good judgment goes along way when searching. Use credible sources. These topics are sensationalized by
fear mongers. So, be careful.
Google search example: quantum computing personal information security threat
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