Improving pace of improvements in the industry as a fact that has both benefits and disadvantages

Industry except agriculture and services is mentioned among miscellaneous specialists in the area of economics to be one of the fundaments of every economy. That’s the reason why, various governments worldwide, above all those, for which such a topic is especially important as they inter alia have access to broad range of resources, invest money in technology progress. It is really influential as, firstly, the rivalry in similar field 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 indicated by the fact that the flow of the technology and its transfer is pretty intensive, as one information from one edge of Earth to another might be transferred even in less than one second. Such a implies that something that was considered to be impossible for people for instance fifty years ago, currently is real.

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As a result, we are recommended to keep in mind that in fact there are almost no limits for the human beings.

Industry also contains broad range of examples that is likely to prove to us that something that used to be believed to be impossible, is at present real. We might recognize it for example owing to analyzing the effectiveness of factories that are more and more often using machines instead of human beings. Even though it is certainly 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 complications with finding a job offer.

To sum up, we should keep in mind that concerning this kind fields of economy like industry the improvement of technology can be evaluated either as a positive or negative factor. However, the most likely tendency in the future is connected with even more improved use of machines, which proves that in order to prepare ourselves us for the future in similar area the best alternative is to either acquire knowledge regards managing or invention of such machines.