Technological development has had a significant impact on our society. It is impressive how many fields were affected by this phenomenon. New generations are more propense to assume that the effects of technological development are mostly positive, whereas previous generations have a more negative view on the matter. This happens because recently born generations grew up with technology and previous generations did not. Therefore, previous generations suffer from limited absorbtive capacity, which makes them more reluctant to include IT in their daily routine. Anyway, it is inevitable that the technlogical development has effects on how our society is built and how it works, which is why it is important to stay informed about the changes that technology causes on a Microeconomic as well as Macroeconomic level. If news regarding this topic intrigue you, and you want to know more, have a look at my blog!
“The Fourth Industrial Revolution is still in its nascent state. But with the swift pace of change and disruption to business and society, the time to join in is now.”