Present-day technology has changed development in a lot of ways. People have often been on a way of movement, yet on account of technology. Some of the technology progresses has turned into a necessity of life because of their significance and our dependence on them.
One of the regions where present-day technology is most essential is in the domain of correspondence. Long back, speaking with people outside your prompt area was a troublesome procedure, requiring correspondence by physical letter and a much measure of tolerance. The Internet has made long separations practically straightforward, permitting clients to relate with people on the opposite side of the planet in a moment. Technology has additionally expanded our availability, with mobile phones and different gadgets.
Technological proficiency is essential for most business positions in the modern work climate. Internet-based faxing, laser printers, networked computers and advanced phone systems are common devices in businesses of all sizes and have become the standard norm in all modern day business operations. Moreover, the industrial sector has become the foundation of technological progression as the majority of tasks can now be automated. With the industrial workplace being revolutionized by technology, as humans we simply can’t compete with machines, they beat us on nearly all fronts. Rifkin, a well known activist on such matters, addresses the issues that may be faced within future of our jobs. He maintains that machines and computers have taken over nowadays, ergo, the end of work is near. Due to the speed and efficiency of technology, Rifkin maintains that productivity is rising over time, yet the value of labour is depreciating. Thus, this devaluation of work is problematic. That being said, this brings light to the discussion topic of technological unemployment, often referred to as the Luddite Fallacy.
The adoption of labor displacing technologies as mentioned above can generally be classified under mechanization, automation, and process improvement. Mechanization and automation involve transferring tasks from humans to machines. Process improvement involves the elimination of tasks altogether. In essence, with the combination of all three elements a task is removed from a workforce in turn decreasing employment.
This brings rise to many arguments with opposing views which states that there is a negative correlation with technological change and unemployment. Many like Jeremy Rifkin believe that the road to a near-workerless economy is within sight. However when assessing Rifkin’s arguments, I find a few points troubling and many factors are not being taken into account. Although convincing to people who have suffered job loss due to automation and computers, I contend that there is more hope than Rifkin sees. What I see is that our era is becoming extremely competitive and is causing more people to return to school or to pursue higher education in order to keep up with the competition. Although this short-term occurrence of pursuing one`s education is not supplying much to our economy, once these people graduate, many countries will have a higher rate of people that are tapped into the innovations of the Information Age.