For Technology To Benefit Everyone, Private Sector Innovation Needs To Be Supported By Public Goods — IMF

If public goods are appropriately designed, and if policymakers cooperate, digital technology can be harnessed to bring more people - particularly the poorest - into the financial system. Broad diffusion of technology may help make societies not only more efficient, but more equitable and better prepared for the digital future. Innovation must be shaped to benefit everyone....

It is also good business. Expands and eventually upgrades the market as more people move into the middle class.

econintersect

For Technology To Benefit Everyone, Private Sector Innovation Needs To Be Supported By Public Goods

IMF