Increasing pace of developments in the industry as a fact that has both advantages and disadvantages

Industry except agriculture and services is mentioned among diverse profesionalists in the area of economics to be one of the fundaments of every economy. Therefore, different governments worldwide, first of all those, for which such a area is exceptionally popular as they inter alia have access to wide range of resources, invest money in technology improvement. It is very important as, first and foremost, the competition in such a topic has got so fierce that without putting our efforts on improving 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 intensive, as one information from one edge of Earth to another might be transferred even in less than one second. Such a means that something that was considered to be impossible for people inter alia fifty years ago, currently is real. Consequently, we ought to realize that in fact there are almost no limitations for the human beings.

Industry also contains broad range of examples that can prove to us that something that used to be known to be impossible, is at present real. We might recognize it inter alia owing to analyzing the effectiveness of factories that are more and more regularly using machines instead of human beings. Despite the fact that it is with no doubt easy to explain, as machines are precise, make less faults etc., we should be aware of the fact that their increased use in the production process generally results in the fact that people with no special skills have difficulties with finding a job offer.

In the light of the points mentioned above, we ought to realize that regards similar branches of economy like industry the improvement of technology are likely to 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 proves that in order to prepare ourselves us for the future in this area the best service is to either obtain knowledge concerning managing or invention of such machines.