"IBMs CEO Samuel Palmisano advised the Obama transition team last month that 30-billion dollar in government investments in expanding broadband access, computerising healthcare records and improving the electrical grid could create over 900,000 jobs in the US," The Wall Street Journal said.
Mr. Palmisano said in his presentation that more than half the projected jobs would come from small businesses. Much of the projected jobs growth in the calculations comes from so-called "network effects." For example, more than half the jobs growth from the broadband investment reflects projected increased economic activity from the creation of new services the investments would make possible.
It looks like as if the projections above are coming from IBM, but it seems to come from a report by the Information Technology & Innovation Foundation. ITIF is a non-partisan research and educational institute – a think tank – whose mission is to formulate and promote public policies to advance technological innovation and productivity internationally, in Washington, and in the states. Recognizing the vital role of technology in ensuring American prosperity, ITIF focuses on innovation, productivity, and digital economy issues.
Source: The Wall Street Journal; ITIF
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