This is the 11656th most frequent Russian word.
живём
"Живём" means "we live."
The word "живём" is used as the present tense form of the verb "жить" (to live), describing the act of residing in or occupying a big house as one's current home.
Сейчас мы живём в большом доме.
Now we live in a big house.
Here, "живём" expresses the act of existing or having one's lifetime during a specific period, in this case, the era of technology.
Мы живём в эпоху технологий.
We live in the era of technology.
In this sentence, "живём" illustrates the act of leading one's life with an intent or purpose, framing living as an action performed with motivation to improve oneself.