Developing pace of developments in the industry as a fact that has both benefits and drawbacks

Industry except agriculture and services is mentioned among different specialists in the field of economics to be one of the fundaments of every economy. That’s the reason why, miscellaneous governments worldwide, first of all those, for which this area is above all crucial as they for example have access to wide range of resources, invest money in technology progress. It is pretty important as, first and foremost, the competition in this topic has got so intense that without putting our efforts on improving the technology we would be unable to remain on the market.


Autor: Adam Moss
It is implied by the fact that the flow of the technology and its transfer is quite intensive, as one information from one edge of Earth to another can be transferred even in less than one second. Such a indicates that something that was thought to be impossible for people for instance fifty years ago, at present is real. Therefore, we should keep in mind that in fact there are almost no limits for the human beings.

Industry also contains broad range of examples that might prove to us that something that used to be known to be impossible, is contemporarily real. We are likely to find out it inter alia due to analyzing the efficiency of factories that are increasingly regularly using machines instead of human beings. Even though it is surely easy to explain, as machines are precise, make less faults etc., we are recommended to realize that their growing use in the production process generally results in the fact that people with no special skills have difficulties with finding a job offer.

Taking everything into consideration, we should remember that in terms of similar areas of economy like industry the progress of technology might be evaluated either as a positive or negative factor. Nevertheless, the most likely tendency in the future is referred to even more grown use of machines, which indicates that in order to prepare ourselves us for the future in this field the best alternative is to either get knowledge regards managing or invention of such machines.