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Top1. Introduction
The information technology (IT) development have metamorphosed recently from the innovativeness of the cloud computing technology and Internet of Things (IoTs) into a sustainable investment climate, offering opportunities for more process automation (Perwej, AbouGhaly, Kerim, & Harb, 2019). The cloud computing architectures was propelled by the captains of industries such as Google, Amazon, Microsoft Corporation and several others in the middle of 2006 as the state-of-the-art IT stage infrastructure to expand businesses and commercial enterprise models where companies, organizations or individuals can acquire computing power and software manageability, hosted on the Internet or other enterprise computer networks to improve administrative competences (Popîrlan, Popîrlan, & Stoian, 2020) . In modeling the twenty first century digital electronic society into its components and functional economic units, the economists should give adequate attention to the newest and fundamental drift which is the emergence of software as services (Saas), Platforms as service (Paas), Infrastructures as service (Iaas) and the economic impact it has on the entire states economy and overall national development. In the recent time, the culture of workplace have significantly transformed due to progressive knowledge of Information Communication Technologies (ICTs) tools, software services and software engineering development paradigm(Verhoeven, Heerwegh, & De Wit, 2020). The twenty first century job environment will require new skills, digital adjustment and the possibility of generating wealth where no physical resources existed but they are not as difficult to comprehend as some believed. The digital scenario will spell how innovative software enterprises can be used to build smart economy and sustain it. The future could be far brighter for education with increase in productivity and supply chain as many information manufacturing companies will emerge without physical dependency on any tangible raw materials for operation and cooperation. Several companies will adopt artificial intelligence (AI) and machine learning far more widely not only for production but also for human services and society extreme digital automation(Sharp, Ak, & Hedberg Jr, 2018). While it will not take time to happen, that will broaden the future influence of cloud based software to impact significantly on the economy and education wide space. The artificial intelligence (AI), machine learning, e-learning education, Internet of Things, industrial automations etc, as so many economists assumed are robots taking human jobs leaving the society with too many unemployable human beings(Wessels, 2020). But such represents intelligent software for data analysis, computation efficiency and process management. The artificial intelligence and machine learning will helps businesses train software for predicting and reframing the behaviors of company’s critical operations and fundamentally chart the course of alternative actions (Tussyadiah, 2020).