Advantages
Improve Efficiency For Business
The best advantage of any technology is that it increases the efficiency of a business process.
We can do more work in less time. From shared drives to email, communication, coordination, execution, and implementation of many business processes have become fast and hassle-free thanks to technology.
Save Time
One very obvious advantage of technology is that it saves time. Since we can complete a task in less time, we can use the saved time for other important activities. With the help of technology, many activities like cooking, cleaning, working, commuting are completed faster.
Improved Communication
In earlier times, it was difficult to communicate with a person belonging to a different part of the world. Think about it! Think of a time when people had to communicate using pigeons or letters, something that took days or weeks! Although today the world has come closer and one can easily connect with the person sitting in the other corner of the world, all thanks to technology.
Reduces The Risk Of Cybercrime
The biggest advantage of technology in the cyber world. AI (Artificial Intelligence) algorithms are capable of detecting changes in patterns that are unique from normal patterns.
Implementing AI to detect cyber attacks is still in its early stages, but with advancements in technology, it can be expected to stop. Hence the chances of cyber attacks are reduced.
Shortcomings
Apart from the advantages discussed above, technological progress has some shortcomings too. Some of them are listed below:
Excessive Dependence
With each passing day, we are becoming more and more dependent on technology for almost every task, not even realizing it. A common example of this is using a cab service. Another example is using GPS to find the direction to the desired location. Many people today don't bother to learn or remember directions because they rely on Google Maps for it. In many ways, this is not a good path we are going on!
Costly
Although technology is already a part of many people's lives, some people cannot afford certain technologies. Many of the technologies being used by organizations are expensive. As a result, the biggest disadvantage of technology is that it can only be used by those who can afford it.
Lack of Jobs
With technology, the efficiency of a task has increased tenfold and this is why technology may soon be able to replace humans. The increase in technology is going to ensure that tasks that humans could do earlier can now be achieved by machines and technology. Thus, creating a shortage of jobs.
Nowadays organizations also prefer such technology which is capable of performing tasks more efficiently than humans. Thus, humans can be replaced by algorithms and robots with the rise of technology.
Turns Out To Be Faulty
The biggest shortcoming of technology is that all are machine-driven. And a small lapse in functioning can lead to a situation that cannot be controlled. So, a small fault can lead to a complete failure which can cost a human life as well.
Now that we have discussed what are the benefits of technology to us today and also the disadvantages of technology, we are confused about whether to see it as a boon or a bane. Only time can validate the future of technology. We also think that as global citizens, we have a responsibility to allow certain technologies into our lives. It is up to us to decide!
It's a necessity nowadays