[andy_card]

Wealth is created only by engaging in value-added activities. By the same token, Service sector activities do not create wealth, they merely transfer, redistribute and eventually dissipate wealth as consumption.

While the service sector is definitely overrated by most economists, it can certainly create wealth. It can attract foreign capital, and information is value adding.

[Willie Green]

While the service sector is definitely overrated by most economists, it can certainly create wealth.

Services do not add value, they do not create wealth.

and information is value adding.

Information does not add value.
It may however, facilitate value-adding activities to be utilized more effectively.
It may also facilitate services to be performed more efficiently.
But it does not add value in and of itself.