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its the fastest weapon in this fast world..
Simple, up to the extent where it doesn't violate any law and destroy our environment. We've been using technology to open new opportunities for our businesses such as advertisement, keeping up with the trends, new business ventures, upgrading our machineries and computers and providing more jobs. But it doesn't mean we can do everything with technology. We must always be responsible enough that we are not destroying our environment and not contributing to global warming.
Technology is the game changer, changing the face of the earth in every possible way. Business is not the same business anymore as it used to be a generation back.
Earlier, one used to open the shop with ones' merchandise and announce about the products to prospective buyers. Interested buyers flocked around and business flourished. Now merchandise is at some location, seller is somewhere else, buyers reside all over the globe, advertisement happens virtually. So, every part of it is connected through technology. Even what the buyer would like is being investigated using technology. This proves the business around the globe (if civilization extends itself to some other globes also) is definitely going to be driven by the technology growth till the time some super brother replaces the technology altogether.
It is a highly subjective question. I do not know how one can explain to what extent. I assume I would be very justified to say "to a great extent".
Technology have changed the way the business is done. Facebook, UBER, Twitter, etc. are huge business organization with almost non-existent physical assets. The internet has just changed the dynamics of marketing and advertisement too.
I think the effect of technology is little different for the job market from job seekers perspective. It has reduced the number of people required and machines have replaced people in many places. For example, a relatively new field of website programmers have taken a serious blow after creation of websites like Wix.com that give the user an option to create great website with just drag and drop.
For economies, the advent of technology have revamped the whole system. The service industry is generating higher revenues than ever before. Hope I explained fine.
In my view, technology is Highly recommand for business, job market and for everything,
Perhaps one of the most important change technology has allowed businesses is to connect to your customers in a new approach mostly using social media platforms like LinkedIn, Twitter and Instagram.
I agree with following answers. I just want to add some things that we must remember:
1 Least satisfied are low-skilled workers. Technology at first replace the repetitive tasks. On the other hand technology creates many new professions and coworkers.
2 Well developed countries with access to know-how have competitive advantage over developing countries. Access to know-how is as important as access to capital, that is why poorer countries still chasing richer countries.
3 What is the patent control and protection ? In today's world can we copy everything without consequence ?
4. Technology has significant importance for environment, you can produce goods faster, more accurate, more safety and with higher quality. This is the key to prosperity in the economy.
first technology means innovation and technology has a segnificant benefit for every business world because it allows the firms or businesses work more effeciently to produce more products and maximize profits. The benefit of technology for job market: Speed and time, improved sharing information, reduced costs, and technology has also improved the quality of products. While for the economy it contributes to GDP growth, helps people for job creation, business innovation and transformation
thanks for inviting me , so for i agree with expert reply
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