Increasing pace of improvements in the industry as a fact that has both advantages and disadvantages

Industry except agriculture and services is mentioned among diverse experts in the area of economics to be one of the fundamentals of every economy. That’s the reason why, diverse governments worldwide, first of all those, for which similar topic is exceptionally important as they for instance have access to wide range of resources, invest money in technology development. It is pretty crucial as, first of all, the rivalry in similar topic has got so intense that without putting our efforts on improving the technology we would be unable to remain on the market.


Autor: Adam Moss
It is indicated by the fact that the flow of the technology and its transfer is pretty fierce, as one information from one edge of Earth to another may be transferred even in less than one second. Similar indicates that something that was thought to be impossible for people for example fifty years ago, at present is real. Therefore, we should be aware of the fact that in fact there are almost no limitations for the human beings.

Industry also contains great range of examples that might prove to us that something that used to be considered to be impossible, is these days real. We are likely to recognize it for instance due to analyzing the effectiveness of factories that are more and more systematically using machines instead of human beings. Although it is certainly easy to explain, as machines are precise, make less faults etc., we are recommended to not forget that their growing use in the production process generally results in the fact that people with no special skills have problems with finding a job offer.

To sum up, we are recommended to not forget that concerning such branches of economy like industry the improvement of technology can be evaluated either as a positive or negative factor. However, the most likely tendency in the future is related to even more increased use of machines, which proves that in order to prepare ourselves us for the future in this topic the best option is to either obtain knowledge regards managing or invention of such machines.

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