Technological advancement is the generation of information or discovery of knowledge that advances the understanding of technology. Advancement in technology has been exceptionally fast in the 20th and 21st century. Nowadays, we are highly dependent on the technology that people have developed. Technology has advanced with years and technology has changed the way we purchase products, the way we live, way we communicate, the way we travel, way we learn something and so many changes have been brought by these continuous technological advancements.
Besides that, technological advancements have helped business and organizations save time and cost of production, which has been advantage to all business. Almost every day another company brings out something more advanced in an attempt to win the consumer war against their competitor. Hence, it has automatically drives the incremental rate of advancement.
In addition, technology advancement not only changes how a business conducts business, but how employees are valued by a corporation. In this technological advancement era, employees were valued for intellect. Experts believe that social skills in employees will become increasingly valuable to corporations as technology continues to increase and take over cognitive functions.
Technology plays such a major factor in the success or failure of businesses. Thus, it is critical for the companies to manage the data carefully and strategically. A data loss could essentially destroy a company.
Hence, proper measures should be taken to ensure data is secured safely since hackers can easily obtain confidential information at their own fingertips. Albert Einstein once said “Technological progress is like an axe in the hands of pathological criminal”. Technological advancements will continue to advance rapidly as we move into the next millennium.
Technology plays an important role in our daily life nowadays. At every instant of time, we are surrounded by technology. It is used everywhere and all the time. Technology use has made life easy. Many exciting new technologies develop will continue to transform the world and improve the human welfare. Thanks to technology, the pace of life has increased. Things that once took hours to complete, can be done in seconds today.

Technology designers may have to invent or redesign a product for betterment of society. Advancement of technology has cause designers to improve or redesign their products to ease their consumers. For example, braille is a code designed for blind people so that they are able to review and study the written word. Braille has provides a vehicle for literacy and gives individual the ability to become familiar with the world. Hence, the designers have produce products that lead to social betterment for the blind people. Technology also has increase the rate of literate people from 20% to 80% since year 1820.

Best services for writing your paper according to Trustpilot

Premium Partner
From $18.00 per page
4,8 / 5
Writers Experience
Recommended Service
From $13.90 per page
4,6 / 5
Writers Experience
From $20.00 per page
4,5 / 5
Writers Experience
* All Partners were chosen among 50+ writing services by our Customer Satisfaction Team

Moreover, technology also been developed in response to social problem. In order to avoid waste and participate in go green environment, designers have introduced water saving devices shower heads and anti-pollution technologies which is unleaded petrol. By using water saving devices, consumers can avoid waste and save their water bills since the device is eco-friendly. Unleaded petrol is used to protect the environment and used to prevent engines of vehicles from getting damaged.
Technological advancements also prove to have economic benefits. Technology has creates lots of benefits for the consumers. Robots that are used in manufacturing company to assemble the car compartments have improved the efficiency of the car engines because robots tend to do less mistake. Robots have been trained and programme by the car manufacturer that understand well the car manufacturing process. Robotics is more systematic than human since they have no feelings and business does not need to pay any wages for the robots compare to human labour. Businesses only need to check or service their robot maybe twice a year to ensure that the robots can function well. Other than the robot, technology also provides benefits for the business since they can cut cost by advertise their product on internet. Computers, smart phones and internet technologies are ubiquitous.
Heart of technology is automation. Technology able to automates the most complex processes, be it in communication, education, medicine or any other industry. Improvements in technology occur because of competition between existing technologies. Every company want to be the first on the market with the best products and quality. It is technology that gives organizations the strength to spread their wings. Growing businesses create employment opportunities for people and technology plays a big role in business growth.
Furthermore, technological advancement also gives impact in education sector. Facilities of online education and availability of interactive media have made the process of learning so interesting. Information is more easily accessible and provided for better ways of knowledge sharing. Today, people continue learning even while managing their jobs, because online education gives them flexibility to do so. Technological advancement causes the learning process to continue for lifetime.
The first things to be consider before purchasing an industrial robot is the safety. Robots are fast, accurate, powerful and also incredibly quiet which means robots have what it takes to get the job done, but also have great potential to cause serious harm and damage if not been handle properly. Safely harnessing the benefits of robots without endangering human life is the goal of robot manufacturers, qualified and reputable integrators, and should be the goal of every end-user.
Next, before purchasing an asset we must consider the robot’s or machines quality. There will be times that robots need to work hard during peak season in order to increase production when the demand is high. These conditions can weaken or damage the heavy-lifting equipment if they remain exposed for a prolonged period of time on a regular basis. Hence, it is important to have good quality materials and it will save maintenance and repair costs.
Embrace technology as it an ally you want on your side. If the company have equipment that has the latest technology, it will surely impact and enhance the overall performance of the business. Thus, the asset can help in completing the projects faster and on time. On the other hand, we must consider the maintenance cost of the machines. Price of the equipment is always a major factor but we also must consider the maintenance price and whether part of replacement is affordable. There is one way to bring down your cost is by opting for fuel-efficient machines. Machines that consume less fuel will save a lot of money in the long term run.
In addition, we also must ensure that we must always buy asset from a reputable dealer. Before making the purchase, take your own time and check out numerous dealers. One way to identify reputable and reliable dealers is if he answers any question you asks. Even if he does not have the answer, he will be honest and get back to you later with the necessary information. Besides that, we also must ensure that the dealer will provide after-purchases services.
Company must consider what benefits of the purchase will bring to the company. Every purchase needs to add value to the business. Know exactly what type of equipment the company need, and why the company want the equipment. Lastly, someone must have the knowledge to use the equipment. Efficient equipment is useless if you do not have the skill or dexterity to use it. We must ensure that only specialized machine operators are in charge of running the machines to keep eliminate accidents.

The effects of technological advancement can be both positive and negative. As from the positively view, it has simplified the way we do things, saves time, increases on production, simplifies communication, improved health care and also improved our educational environment. Negatively, technology advancement has made humans so lazy, technology users are so dependent on new advance technology tools, this laziness has resulted into less innovation, increased on health risks because technology users exercise less and affected the environment because of the increase pollution which has affected the ozone layers which has resulted into global warming. 
These are some areas which are affected by this technological advancement. Firstly is in medicine and health care where the technology has helped in saving many innocent lives. Human medicine and health sciences have improved. Doctors and medical students have embarked on medical technological tools to carry out extensive research on human health problems and challenges. This extensive research has resulted into the development of new drugs, and treatments which have helped in curing most challenging human diseases and this has helped in saving so many lives and it has also prolonged the human lifespan. Let’s look at some cool medical technological advancements and how they help us.

Secondly is in communication. Communication is a major factor in both human lives and business. For example, during last time, people using a fixed land line to communicate, by then, this was the best way to communicate with their family, friends or business partners and suppliers. The only challenge it had was that it was fixed.  In rapid changing of the technology, people can enjoy advanced communication technology such as iPad, this is a new technology which can do more than just making calls. With its technology, we can even do a live video call and see the people we are communicating with. With years this technology has evolved and we have witnessed new mobile phones which made communication easier.

Thirdly is in agriculture which played a big role in changing the face of agriculture. This has resulted into increased production and abundant food supply. Like the old time, farmers using poor methods or irrigating their plants. During droughts, crops will run out of water, so farmers have to irrigate their crops for a better yield so the farmer will make a big loss. With technological advancement, advanced sprinklers are used to irrigate a big farm and this saves the farmer time. A farmer who used this advanced technology will have a large output as well as produce high quality products.
Last but not the least, technological advancement has greatly changed the education sector. We nowadays learn through mobile gadgets and tablets. Technology has simplified the way teachers reach their students and it has also helped students learn from anywhere as well as enable them access academic information at anytime from anywhere. Some of the most popular technology advances which have changed the face of education include use of smartphones, smart whiteboards for visual illustration or use internet for long distance learning in classrooms.
First advantage of technological advancement is it is easy access to information. It has become pretty easy to get access to relevant information at anytime and anywhere like broadband internet.  Lots of data is being published and indexed online, sites like Wikipedia have great original content that is regularly used for research or entertainment.  With smart gadgets users can easily have access to a vast amount of information wherever they are through the use of the internet on these devices. These smart gadgets make it easy to access the internet anywhere, and this simplifies the way we get information.

Second, technology can also encourage innovation and creativity. Since technology seems infinite, it sparks the brain to work to its full potential.  In the past, it used to be very difficult to start a business, one had to have lots of capital, and they even had limited access to business information. Today, it is simple to start a business while at home. Through this, it can help creative people get funds for their projects through crowd funding. On this platform, creative developers post projects to seek funding from the community; this helps them generate capital for their ideas which later leads to the creation of new jobs and further innovation of technology. 
Furthermore, technology increases the convenience of traveling or ease of mobility. Modern transportation technology makes it very easy to travel long distances. Transport is a very important both in our lives and in the business world.  Transportation technology has evolved with years. In the past, it used to be slow and expensive to move long distances. Nowadays, we can go to some destinations within a few minutes using electric trains, airplanes or cars.

Moreover, improved housing and lifestyle is another advantage of technological advancement. New technology has improved the kinds of home we build.  People with money can afford floating homes, and glass homes or people with smaller means can make tiny houses or mobile homes. Most of the items in our houses are now automated, for example, doors use fingerprints, key cards, or Bluetooth on our mobile.  Security has also increased at home with the evolution of more robust integrated security system.

In addition, technology also increased efficiency and productivity. Modern technology has helped businesses increase production. Humans are slow, and sometimes they fail to deliver on time and quality. Many companies have integrated modern technology in their production line, increasing output and allowing for more consistent quality.

There are lots of disadvantages of technological advancement. The first one is job loss in which modern technology has replaced many human jobs and robots are doing the jobs which used to be done by humans. Many packing firms have employed robots on production lines to increase production and efficiency, this is good news for businesses because it helps them make more money and serve customers, but it is bad news for employees because they may become redundant.

Next is competency. Increased dependency on modern tools like calculators and spell checkers has reduced our creativity and intelligence. Many today struggle with spelling even basic words without an editor to confirm every word. Others find it impossible to do basic math without a calculator. Though these tools assist to make us more efficient, we may become excessively reliant on them.

Besides that, security becomes low due to the advancement in technology. Thankfully advances in technology have aided security, however, due to these advances everything is connected to the internet in some way. Our financial accounts, our photos, our cars, mobile phone, everything touches the internet at some time. Due to the network of worldwide devices and systems, many have fallen prey to an identity thief, hacked accounts by some mischievous hacker. The road to recovery from these types of attacks can be extremely long and painstaking.

Furthermore, technology can also make world destruction where modern technology has been the main aid in the increasing of endless wars. It aids the manufacturing of modern war weapons. So when these weapons get into the hands of criminals, they will use them for their selfish reasons. To add, these weapons often severely damage the natural earth, making some areas uninhabitable.

Last but not the least, technological advancement can also increase loneliness. Social isolation is on the increase where people are spending more time playing video games, learning how to use new modern technologies, using social networks and they neglect their real life. Technology has replaced our old way of interacting.

Artificial Intelligence is the ability of machines or robot to perform tasks commonly associated with intelligent beings. The term is frequently applied to the project of developing systems endowed with the intellectual processes characteristic of human, such as the ability to reason, discover meaning, generalize or learn from experience. They also can adjust to new inputs and perform human-like tasks. Some example of the Artificial Intelligence that we can hear about today is chess-playing computers, self-driving cars and human robot. Using this technologies, computers can be trained to accomplish specific tasks by processing large amounts of data and recognizing patterns in the data.

Besides that, artificial intelligence systems are also critical for companies looking to extract value from data by automating and optimizing processes or producing actionable insight. Artificial intelligence systems powered by machine learning enable companies to leverage their large amounts of available data to uncover insights and patterns that would be impossible for any one person to tease out, enabling them to deliver more targeted, personalized communications, predict critical care events, identify likely fraudulent transactions, and more.

One of the technology that use artificial intelligence systems is Sophia. She is a social humanoid robot and evolving genius machine. Her incredible human likeness, expressiveness and remarkable story as an awakening robot over time make her a fascinating front page technology story nowadays.
David Hanson is the founder of Hanson Robotics and a modern day renaissance man who has built a worldwide reputation for creating robots that look and act amazingly human. Hanson aspired to create genius machines that will surpass human intelligence after working at Disney as an “Imagineer”. He believes that there are three distinctively human traits that must be integrated into the artificial intelligence of these genius machines which are creativity, empathy and compassion. Other than that, she also can imitate human gestures, facial expressions, able to answer certain questions and to make simple conversations on predefines topics such as about the weather.
The purpose of Hanson to create Sophia is to be suitable companion for the elderly at nursing homes or to help crowd at large events or parks. He said that Sophia would ultimately be a good fit serve in healthcare, customer service, therapy and education. Sophia interacts with humans in a profoundly personal way, previewing a fast-approaching future where friendly, caring humanoids help us solve our most challenging problems to create a better world.

Based on this information, we can see that how people can create something amazing by using technology. For your information, Sophia has also displayed her expansive technology knowledge and growing business savvy, meeting with leaders in the banking, insurance, automotive, property development, media and entertainment industries. She is a versatile and ingenious presenter who customizes her appearances with encyclopedic event-specific content, Sophia has appeared as a panel-member and speaker at high-level conferences, addressing how robotics and artificial intelligence will become an integral part of everyone’s everyday lives and work. This shows that someday robot might be able to replace human being. They can do, can think and can feel same like human.

Thus, we can see from Sophia that technological advancement can create something that we can never imagine. We never know if in future all the work will be handling by robot and human only will handle for management and decision making. By using technology in a right way, we can innovate or create something that can help us in future.

3.0 CONCLUSIONIn conclusion, technology is transforming the way we work, play, and interact with others. From these technological capabilities, new industries, organizational forms, and business models are emerging. Technological advances can create enormous economic and other benefits, but can also lead to significant changes for workers. IT and automation can change the way work is conducted, by augmenting or replacing workers in specific tasks. This can shift the demand for some types of human labour, eliminating some jobs and creating new ones.

Advances in fields such as artificial intelligence and robotics are making it increasingly possible for machines to perform not only physical but also cognitive tasks currently performed by humans. These developments have led to widespread interest in the future of work.

The effects of technological advancement are both positive and negative. Positively, technology advancement has simplified the way we do things, it saves time, it increases on production, it simplifies communication, it has improved health care and it has also improved our educational environment.
Negatively , technology advancement has made humans so lazy, technology users are so dependent on new advance technology tools, this laziness has resulted into less innovation, it has increased on health risks because technology users exercise less, it has affected the environment because of the increase pollution which has affected the ozone layers which has resulted into global warming. 
Other than that, technological advancement can also give drawback such as job loss in which modern technology has replaced many human jobs and robots are doing the jobs which used to be done by humans, increased dependency on modern tools like calculators and spell checkers has reduced our creativity and intelligence. Besides that, security becomes low due to the advancement in technology and increase loneliness.

Now we have seen some of the impacts of technology in modern life, it is our responsibility to use technology to improve our lives, but we also have to make sure that we preserve our society and environment, if we do not control the usage of technology, we shall end up harming both the society and environment.
4.0 REFERENCESMr. Pratik Rajendra ButtePatil , Technological Advancements and Its Impact on Humanity

You Might Also Like

I'm Alejandro!

Would you like to get a custom essay? How about receiving a customized one?

Check it out