Technology has bridged the world in a seamless transaction and manufacturing line. In physics , the discovery of nuclear fission has led to both nuclear weapons and nuclear power Computers were also invented and later miniaturized utilizing transistors and integrated circuits Information technology subsequently led to the creation of the Internet , which ushered in the current Information Age Humans have also been able to explore space with satellites (later used for telecommunication ) and in manned missions going all the way to the moon.
A modern example is the rise of communication technology, which has lessened barriers to human interaction and, as a result, has helped spawn new subcultures; the rise of cyberculture has, at its basis, the development of the Internet and the computer 16 Not all technology enhances culture in a creative way; technology can also help facilitate political oppression and war via tools such as guns.
The most important factor for deciding the working of a particular technology is the presence of competition. Solar energy production has taken huge steps forward with the help of nano technology. Hopefully, with the advent of the concept of transparent technology and automation, developers will realize how technology should be made. Basically, he stands for a neutral approach of the linkage between technology and American issues concerning unemployment and eroding wages. Another prominent critic of technology is Hubert Dreyfus , who has published books On the Internet and What Computers Still Can’t Do.
In the case of businesses that have companies located in different parts of the world, technology has helped cut down costs that would be incurred travelling for meetings and other obligations. E-learning and online education has made it very simple and systematic for an individual to receive personal attention, so that all his specific needs are fulfilled. The mission of MIT Technology Review is to equip its audiences with the intelligence to understand a world shaped by technology.
One basic drawback that has taken place is that people are becoming lethargic due to high trends in technology. A major step to global economic advancement is the removal of distance and time barriers brought about by the application of information technology to buying and selling of goods and services (e-commerce).