The development and spread of various technologies has become synonymous with the level of prosperity in a particular place. In economics, technology is one of the major factors that determine the growth and potential in the production process. It is also a basis for distinguishing between developed and developing countries and the advancement of technology is considered an essential factor to a country’s progress.
The importance of technology in the world today cannot be stressed upon enough, which leads us to a discussion on the advantages and disadvantages of technology.
The Merriam-Webster dictionary defines technology as the practical application of knowledge especially in a particular area such as engineering or medicine. A more comprehensive view of this concept can be grasped from the Wiki definition of technology – “the making, usage, and knowledge of tools, machines, techniques, crafts, systems or methods of organization in order to solve a problem or perform a specific function”.
Ever since pre historic times, humans have been applying their knowledge in ways that would make life easier for mankind as a whole. We have come a long way since the discovery of fire and invention of the wheel, and there is no stopping the advance of the technological age. It has permeated every aspect of our lives from the alarm clock that wakes us up in the morning to toaster ovens and nuclear reactors. The advantages and disadvantages of technology are of great relevance due to the huge role that technology plays in our lives today.