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RE: ADSactly Tech News - Does Increased Access to Technology Increase Societal Inequality?

in #technology7 years ago (edited)

Technology and the widened gap between the haves and have nots remains a sordid reality in our contemporary milieu. Folks often argue on the cons of this common indicator of real development. The essence of technology is not to rob the common man of his means of subsistence, It is pointer to step up one's game from being that crude implement operator to learning the operation of specialized machines. Also in that light, there's more output turnover when production is based on mechanized tools....this goes to expand the market to take full advantage of the economies of scale that comes with advanced technologies. This might imply Job openings in other aspects of production- marketing, after sell services, customer care services, virtual jobs, e-commerce and the likes, which were otherwise not there when production was handled by manual labor.

So, though technology may bring short term consequences to the less skilled, it has very great long term benefits backed with effectiveness and efficiency.

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