Tuesday, March 16, 2010

A big disadvantage with technology today is that it is creating unemployment. Jobs that used to be only done by humans are now being done by machines and other types of technologies. This is leading to companies laying off people and downsizing the amount of employees needed in the company. The use of technology increases the amount of production and lowers the costs for the companies. This creates an issue because even though the companies are producing more goods and services the amount of goods being demanded is decreasing because people are becoming unemployed. These people that are unemployed are not buying has many goods anymore because they have no money and this is taking a durastic toll on the economy. The loss of jobs and decrease in demand has affected companies all over the world and a majority is caused by the dependancey of technology. This brings up the question of does technology really benefit the world today or is it causing more harm than good?

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