Effects on Economy

Effects on Economy

Reliance on technology keeps making us lazy and in some sectors unskilled. Because machines are replacing so many people some industries, such as welding for example, are become extreamly specialist with only a few business continuing to operate with human staff bases.

The obviously effects the economy by canceling out jobs but also means that if for some reason the machines stopped working then we would be left with no-one skilled enough to fill the holes.

Another issue is that the more machines we rely on the more the world becomes unindividualistic.
Machines can only make things one way, every product outputted will be the same, ones not the same will be filtered out by quality control. In the past every item you purchased was in some way, individual and a piece on unto itself.

Hope that gives you a few things to think about!
The advancements in science and technology has both the positive and negative effects on human life. Most of the people think that there are more advantages of science and technology as compare to the disadvantages. The major advantage of science and technology is that it has made our lives easier like invention of technology has decreased the manual work. The use of technology in agriculture has increased our productivity. Doing work at workplaces is easier because of invention of computers and notebooks. Development of technology in kitchens, beauty parlors, workplace, research labs and in all fields of life has become the necessity of man. On the other hand, there are a number of disadvantage of progress in science and technology like the major disadvantage is the effects of the nuclear technology. If technology has made our lives comfortable then it has also increased anxiety in our lives. Technology requires skills and capabilities therefore, advancements in technology has also increased unemployment.

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