Name: MARK KENNETH J.

ABIBA Subject: ETECH

Section: 12 - WATT Quarter & Week:

ASSESSMENT
Performance Task (Reflection Essay)
The development of Information and Communication Technologies (ICT) has strong potential to
transform economies and societies in several ways, such as reducing information and transaction costs, creating
new collaborative models to increase the efficiency of workers, promoting innovation, and improving education
and access to basic services. Innovation seems to be everywhere in the lives of consumers, in industry and
service production processes, as well as in public sector tasks. However, while we observe dramatic changes in
people's lives, it is difficult to find any effect in productivity statistics. The same happened when computers were
brought into society massively (Griliches, 1994; Brynjolfsson and Yang, 1996; Triplett, 1999; and Jorgenson,
2001) and this phenomenon, known as the Solow Paradox (1987), had already been observed in the boost from
information technology.
ICTs are also used to refer to the convergence of media technology such as audio-visual and telephone
networks with computer networks, by means of a unified system of cabling, including signal distribution and
management. However, there is no universally accepted definition of ICTs considering that the concepts,
methods and tools involved in ICTs are steadily evolving on an almost daily basis.
By using ICTs, there have already been diverse types of innovations taking place in the agriculture sector,
which include commodity and stock market price information and analysis, meteorological data collection,
advisory services to farmers for agricultural extension, early warning systems for disaster prevention and control,
financial services, traceability of agricultural products, agricultural statistical data gathering.