Technology has exponentially advanced since the Industrial Revolution. Moore’s law believes that the technological advancement will expand exponentially. This has proven to be true till this point. With the development of railways in the 19th century, technology has taken a bigger and bigger part of our lives ever since. Just imagine a society without Smartphones, tablets and Laptop computers! In only 150 years, humanity is able to make the world a much smaller place than it was since the beginning of the industrial revolution. From steam train to automatic trains, landline telephones to mobile phones etc, technology has becoming the definition of life.
There is no doubt that technology has many benefits. Better equipment for medical research in the past have yield many life saving drugs and antibiotics to cure such diseases like Chicken Pox, Measles, Polio etc. In the recent years, the development of mobile medical technologies has helped doctors immensely by increasing efficiency and lowering the cost as the following article illustrates: New Life Saving Technologies For Doctor. Businesses, like Zara, which we examined in the lecture, also capitalize on the ability of technology to help sales and better fitted to the consumers’ needs with the Personal Digital Assistant (PDA) – handheld computers. The ability for better communication has made it easier for companies to network and explore new markets.
Even though technology has been doing good for humanity and helping businesses to make a profit, I feel there comes a point when technology will turn around and bite us. The following article by Ned Smith by BusinessNewsDaily senior writer looks at how the vast amount of data and the constant connectedness has taken a “social and financial toll” in Businesses and costing companies billions of dollars: Digital Overload Too Much Data Costs Business Billions. Technology and Automation has already taken many jobs from the blue collar workers. Now they are an increasing threat to the white collar workers as well. Without a job, it makes one impossible to survive in this world. Narrative Science is a technology that is able to write sports newspaper stories from the statistics given or write a report on a company’s financial performance.
The TV show, Battlestar Galatica, illustrates a scenario where humanity is almost driven to extinction by our own creation, the Cylons. (It is an amazing TV series and I highly recommend EVERYONE to watch it, if you have nothing to do for Easter, you’re welcome)
The IBM ArtificiaI Intelligence, Watson combines “natural language processing, machine learning, and hypothesis generation and evaluation to give you direct, confidence-based responses.” Watson has famously beaten former Jeopardy champions Brad Rutter and Ken Jennings at their own game. It is essentially a computer that is capable to think! It won’t be long after we begin to integrate such technology in to the many robots, such as Baxter, that helps with many daily business and domestic operations.
Baxter – Cheap affordable industrial robot
Imagine a work force that is able to do what we can do yet do it in a better and more efficient fashion? It is intimidating. Let’s pray (So say we all) that when it happens, the Robots won’t betray us like how they did in Battlestar Galactica, I-Robot, and many more. Therefore, it must be said that we may need to learn to work alongside robots, as soon they will be able to out perform us in many fields.
Technology – the double edge sword. Hopefully, we will be able to stop it from hurting us (humanity).