Increasing tempo of improvements in the industry as a fact that has both advantages and disadvantages

Industry except agriculture and services is mentioned among miscellaneous profesionalists in the area of economics to be one of the fundaments of every economy. Therefore, miscellaneous governments worldwide, above all those, for which this field is exceptionally popular as they inter alia have access to great range of resources, invest money in technology improvement. It is quite crucial as, firstly, the competition in similar topic has got so fierce that without putting our efforts on developing the technology we would be unable to remain on the market.


Autor: Adam Moss
It is indicated by the fact that the flow of the technology and its transfer is relatively fierce, as one information from one edge of Earth to another may be transferred even in less than one second. This implies that something that was thought to be impossible for people for instance fifty years ago, these days is real. Consequently, we ought to not forget that in fact there are almost no limits for the human beings.

Industry also contains wide range of examples that is likely to prove to us that something that used to be thought to be impossible, is nowadays real. We are likely to observe it inter alia owing to analyzing the efficiency of factories that are more and more regularly using machines instead of human beings. Although it is certainly easy to explain, as machines are precise, make less faults etc., we should realize that their improved use in the production process mostly results in the fact that people with no special skills have problems with finding a job offer.

In the light of the points mentioned above, we should realize that in terms of this kind areas of economy like industry the development of technology are likely to be evaluated either as a positive or negative factor. On the other side, the most likely tendency in the future is connected with even more improved use of machines, which indicates that in order to prepare ourselves us for the future in such a topic the best option is to either acquire knowledge regards managing or invention of such machines.