Information Technology Industry: A Contagious Bubble Ball Ride Accelerating the Socio-Economic Catastrophe

Abstract

This paper focuses on the superficially created lifestyle of IT workers; one that is created against their volition with lots of free rides to bubble –balls. It also examines the overall operating characteristics of IT organizations. Present work shows, unusual working hours and stressed out social lifestyle of IT workers start draining health and other resources. Similarly very uncertain future Debt Service Coverage Ratio of IT companies results in depletion of assets in servicing debt obligations. It is highly imperative for all the stakeholders to acknowledge discontinuation of super economic performance in the long run. We were, on the contrary, frightened to observe the abnormal behavior of IT creeping and contaminating other socio-economic sectors. We hint at the disease for these peripherally impacted sectors also in this work.