Apply your knowledge of U.S GDP and discuss how the Technology Industry has an effect on the United States GDP.

It's a broad sector with a significant impact on the United States GDP. Here are two sub-sectors within the technology industry.

Software and Services: This sub-sector includes companies that are involved in software development, software as a service (SaaS), and providing related services. Companies in this sector range from enterprise-level services, such as Microsoft and Salesforce, to smaller startups offering innovative solutions. Could research how the growth of remote work and cloud computing is influencing this sector.

Hardware and Equipment: This includes companies that manufacture technology hardware and equipment, such as Apple, Intel, and Cisco. The ongoing development of consumer electronics, the growth of the Internet of Things (IoT), and advancements in areas like quantum computing.

Synthesize the information found and form own original thoughts regarding the Technology industry and its subsectors, sources should further support the ideas and should be cited.

needs to be at least 500 words

Please don't use Artificial Intelligence; original wording only.