Development and Effects of Modern Technology Media Essay (Essay Sample)

Development and Effects of Modern Technology
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Development and Effects of Modern Technology
The world has experienced tremendous advances in information and communication technologies in the recent past. Technology has, specifically, transformed the way people work and interact with each other and machines (Fraga-Lamas et al., 2018). Following these advances, new organizational forms, industries, and business frameworks have emerged (Graetz & Michaels, 2017). Although technological changes can create indispensable benefits in various sectors, including healthcare, education, aviation, military and commerce, its disadvantages are enormous. Therefore, it is worthwhile to discuss the development and effects of modern technology.
In commerce, technological advancements have changed the way organizations conduct operations. For instance, Fraga-Lamas et al. (2018) assert that information technology (IT) and automation have led to augmentation, which eases workers' replacement in specific tasks. As a result, individual human skills demand has declined and created opportunities for individuals with computing capabilities. Workforce interactions between economic, technological, and social trends and portray need to develop strategies that prepare, inform, and respond to technological developments in the labor market.