Advancements in technology are significantly enhancing the living standards in various neighborhoods, not solely through the direct use of new inventions. In fact, the development, manufacturing, evaluation, and promotion of cutting-edge technology have emerged as a thriving sector that is revitalizing the prospects of previously struggling areas. The firms engaged in this sector generate employment, increase the tax revenue, and foster a positive atmosphere of rejuvenation.

Which of the following best summarizes the conclusion drawn by the argument as a whole?