The technological era has impacted the world drastically, technology has involved in the daily life routine. The main point of technology is to benefit the world and make the work easier for the human being. Nevertheless, technology has been a problem nowadays; as any other new issue on the world, this new topic comes out with pros and cons that need to be fixed or deal with them. Living in the technological era can be difficult, since technology advances quicker than people adapts to it. It is easier for technology to advances than to people to understand how to manage the new process of technology.
Technology has come a long way, from delivery messages by horse to just picking up a cell phone. Technology is becoming a major role in all aspect of our modern lives. Typically, the effects of technology can be seen in economics around the world. Advances in technology can be linked to increases in manufacturing that affect the country’s Gross Domestic Product (GDP) and creating jobs to help lower unemployment. While a lot of technological advances are in regards to process improvement like industrialization that seems to eliminate unskilled positions, technology helps produce other skill positions that offer higher pay and better opportunities.
Change is necessary and inevitable, but most organizations find it hard to engage its workforce in a successful change process. Technology-induced change or implementing the change using the appropriate type of technology is required to avoid resistance from workers. Technically, technology changes an employee by modifying the way work is perceived and done. Organizations can, therefore, capitalize on the untapped capability of individuals and the society by creating technological supports to relieve workers of duties to computers and machines. Incorporating technology in implementing change is likely to affect today's workforce in the following
According to Birchall,(2009),companies that need to send their workers on international flights for business affair can have the greatest relief because by Internet technology ,costs can be reduced on travelling and freeing the workers ‘s time management. Hence, by using technology, business innovation can take place easier and lead to new opportunities because technology can systematically help worker ‘s time management and at the same time, the companies can lower the budget of travelling and use the budget to speed the business development. Technology and science grow together continuously with the advances of our world’s economy since the second half of the 20th century. Technology is vital in economic growth because, technology give positive affect to business and market management thus, contribute to economic growth .Hence, the effects of the use of technologies on economy are, technology positively influence to economy by giving job creation to societies , technology gives positive influence to service and industries, and , technology leads the new ways in business
But all technologies come with risks. Take for example robotics, artificial intelligence (AI) and the Internet of Things (IoT) – three trends that were amply represented. Technology can have positive and negative impacts on individuals, society and the environment. Humans have the capability and responsibility to constrain or promote technological development. Technology, by itself, is neither good nor bad, but decisions about the use of products or systems can result in desirable or undesirable consequences.
Nowadays, people always depend on technology because technology can make their life become easier. What is technology? Technology is defined as the application of scientific knowledge for practical purposes, especially in industry. But, there are so many people that believe technology can affect the human`s creativity and social interaction if there are depend on technology so much. There are few reason why the technology can affect human`s creativity and social interaction.
I believe that for every advantage that technology brings us, it also has a disadvantage at the same time and has changed our lives in many ways. Technology has simplified our lives. If we compare the type of housing we used to have in 1900 and the architecture of houses today, the difference is very big. Technology has played a big role in changing the entertainment industry. Entertainment has improved with the invention of video games and advance music and visual systems.
Technology has become a crucial thing in humans’ civilization in this era. People use technology in almost everything they do in their daily lives, such as the usage of mobile phone to communicate and it is easier when it involves the long distance communication. Furthermore, this technology also helps people works that made them become more creative in creating something new that gives a turning point in humans’ lives. How far does technology affect creativity and communication among people?. This issue can be seen in positive and negative ways, so we need to find some truth and we should fix the problems because technology is very important on our peoples’ life, especially the youth.
Technology has the power to promote growth as well as success. Also, technology has changed the business world forever. Technology has changed and upgraded communication, business interactions, travel and so much more. The advantages of technology is endless, when compared to everyday lives. In the business world technology has created new innovations as well as new processes to complete various task.
In this writing,I will explain how technology changes business environment.First,I will define technology and technological changes in economics. Technology; a unit of information, a way of thinking and the product of a reflection of the behavior of a culture is applied briefly to the production process of knowledge developed in several stages to achieve specific goals.In economics, technological change is a term used to describe the change in a set of feasible production possibilities.Technology is growing day by day and technological changes affect almost every part of our lives. Thanks to the the advances in communication and computer science, nearly anything you can imagine is only a few clicks away.Chatting with your friends and parents