Technology is prevalent in the fabric of human life. It has changed how we consume information, communicate, and even travel. Moreover, technology has evolved exponentially in the past decade to the degree that simple things like how we use the telephone or maps to navigate around a city are now completely unrecognizable from what they looked like in the previous decade.
Based on these preceding thoughts, this article explores how humanity reached this technological junction and why technology has become so integrated into human life. The theme of the article is the difference between technology and technological change.
This article explains the important things about technological change, including process examples, impacts, and drawbacks. Once we’ve done this, we’ll discuss how technological advances are related to this concept.
We’ll also discuss the link between this process and productivity and various processes to manage technological change.
Defining the difference between technology and technological Change
When attempting to define the difference between technology and technological change, it is said that Technology applies scientific knowledge to develop machinery and equipment that solve various problems. Technological change, on the other hand, refers to inventing, improving, and integrating these technologies into society.
What Is An Example Of Technological Change?
Technology has become an increasingly important part of our daily lives, which is why it’s so easy to find examples of technological change around us. As we mentioned earlier, technological change refers to the technology being invented, commercialized, and improved. Three phases comprise the original model of the technological change process.
The first phase is “invention,” which conceptualizes technology to solve a specific problem. This is followed by the “Innovation” phase, whereby the technology is implemented and improved. Finally, there’s the final “Diffusion” phase, when others adopt the technology into their daily lives. The technology has a more widespread application.
To find an example of technological change, you need to think about different tasks in your daily life and, more importantly, how they used to be completed. Smartphones, laptops, and automobiles are some of the most common examples of technological changes. All these technologies can be broken down according to the phases of technological change.
For instance, let’s consider how the process of technological change links to the history of automobiles. Before the invention of vehicles, trains were the most common mode of long-distance transportation. Luckily, technology has created a more efficient solution to this transportation problem. After all, technology is all about solving problems!
First, the first automobile was invented in 1886, which was followed by further innovation. Ultimately, this culminated in the start of the diffusion phase, whereby the first cars that the public could afford were finally released in 1908 by the Ford Motor Company. Today, an estimated 1.4 billion vehicles are on the road because of this technological change.
Impacts Of Technological Change
In the previous section, we outlined technological change and used the evolution of automobiles as an example of this process, where technology is invented, innovated, and diffused to the mass market. However, you might be wondering about the impacts of technological change. We will relate these significant impacts to our example of automobiles.
Technological Change Creates New Products
The first impact is that new products are created to solve a problem. For instance, before automobiles and airplanes were invented and implemented, the public had to rely on trains for long-distance travel. Luckily, the public now has multiple transport methods due to technological changes.
Technological Change Increases Efficiency
By embracing new technologies, we can perform everyday tasks faster and with less energy. While trains can beat automobiles in terms of speed, they don’t compare in terms of efficiency. You must be at the station on time when using trains, and the train can only drop you off at another station. With cars, you can leave anytime and drive wherever you need to.
Technological Change Decreases Self-Reliance
Another impact to consider is that technological change causes humans to be less self-reliant. As technology has evolved, so has our society. In the past, society had to be more self-sufficient. For instance, when commuting, people walked on foot or used horse carriages to travel.
One transition in the domain of transport was the invention of automobiles. With the car came the taxi services. Taxi services have now evolved to the extent that they can be booked from your phone, and you can monitor their location and proximity to where you desire to be picked up.
Thanks to automobiles, technological change, and other converging technologies, we have more options for commuting than ever. Technology has made paying for a taxi, or Uber ride possible if you don’t want to drive.
Technological Change Allows Economies To Evolve
As we alluded to above, technological change alters how we live. Ultimately, these technological changes birth new technologies that change the world around us and allow economies to evolve. For example, think about how the Industrial Revolution affected different countries.
With automobiles, parts are manufactured around the globe. For instance, Mexico, China, Canada, Japan, Germany, and South Korea are just some countries that manufacture auto parts and have benefited from the rise of automobiles.
Is It Possible For Technological Change To Be Negative?
While there are undoubtedly many positive impacts of technological change, many people have wondered whether technological change and/or emerging technologies like artificial intelligence can be harmful. Unfortunately, this process of inventing and implementing new technology does have some adverse effects.
For one, implementing technology is often expensive, resulting in a social divide between consumers who can afford the latest technologies and those who cannot. For example, think about the countless vehicle models released annually. The same applies to smartphones, with consumers thinking they always need the latest phone.
As discussed earlier, technological change also makes us less self-reliant and lazier. As technology “solves problems” and changes how we perform daily tasks, we are becoming lazier. If we need to head to a shop down the road, we’d rather drive than walk. This also applies to many other facets of our lives, such as how we find information.
Another negative impact of technology is that we’re more at risk of having our privacy breached.
Technology has connected us in new ways, with some potential privacy risks that come with this. Ultimately, you’ll need to decide whether the advantages of technological changes outweigh the drawbacks.
How Do Technological Advances Relate To Technological Change?
While technological change refers to inventing and implementing new technologies, technological advancement refers to refining technologies. This process makes technologies more efficient, powerful, accurate, and efficient. Ultimately, technological advances further improve the technology we’re already using in our daily lives.
Examples Of Technological Advances
Throughout this article, we’ve been using the example of automobiles to discuss technological change. Now, let’s use automobiles to discuss examples of technological advances! As these technological advances prove, cars keep becoming more advanced and user-friendly.
Integrated circuits have progressed rapidly to become more compact and powerful. As technology changes, integrated circuits are becoming smaller, faster, and more energy-efficient, making them essential in various industries, from healthcare to transportation.
The advancements in integrated circuits have also led to the creation of more sophisticated electronic systems, such as smartphones, computers, and gaming consoles, which have become integral parts of our daily lives. With continued progress in this field, we can expect to see even more groundbreaking innovations that will revolutionize how we live and work.
Renewable energy has been an innovative solution to concerns about finite energy resources and energy demand. With increasing energy demand, traditional energy sources such as fossil fuels are threatened to become scarce. Renewable energy and energy storage innovations will help reduce greenhouse gas emissions and provide a sustainable energy source.
Developing solar panels, wind turbines, and hydroelectric power plants has greatly contributed to the growth of renewable energy. These technologies have reduced the environmental impact of energy production, created new job opportunities, and stimulated economic growth.
Renewable energy innovation is a testament to the power of human ingenuity and the potential for a sustainable future.
Electric vehicles are gaining popularity worldwide and are continually developing. One technological advance that has dramatically improved EVs is the advent of fast-charging capabilities.
Lane Keep Assist
As many drivers will attest, lane-keeping assist is one of the best modern features introduced to vehicles. This feature helps you stay safe on the road by keeping you in your lane!
Automatic parking is another beloved technological advancement that has helped drivers safely park their vehicles. Lexus first introduced automatic parking in 2006, with the feature quickly becoming a staple in cars around the world.
Smartphones are another rapidly developing technology. As vehicles and smartphones become smarter, they’ve become increasingly integrated. You can now use smartphone integration to make calls, play songs, and navigate the road.
Wearable devices and technology
Wearable devices have become essential to daily routines, from fitness trackers to smartwatches. They track physical activity and health by measuring heart rate, blood pressure, and blood sugar levels.
Thanks to features like messaging, calling, and social media integration, wearable technology has also made it easier to stay connected with loved ones.
augmented reality emerging technology
Augmented reality is a fascinating and rapidly evolving technology that is changing how we interact with the world around us. By overlaying digital information onto the physical world, augmented reality can enhance our understanding of complex concepts and provide new ways to engage with our surroundings.
The technology could revolutionize entertainment, gaming, healthcare, education, and other fields.
Technology trend lithium-ion batteries
Lithium-ion batteries are known for their high energy density, quick charging capabilities, and long lifespan. They are used in various devices, from smartphones and laptops to electric vehicles. In fact, the electric vehicle market has been one of the biggest drivers of the lithium-ion battery market.
With the demand for electric cars rising, the demand for lithium-ion batteries is set to grow exponentially. The growing trend toward renewable energy storage systems also drives the need for these batteries. With their ability to store large amounts of energy, lithium-ion batteries are the perfect solution for storing solar and wind energy.
Links Between Technology Change And Productivity
There’s a direct link between technological change and productivity. The logic is simple: handing monotonous tasks to powerful machines and devices increases our efficiency and productivity.
Machine learning and artificial intelligence (AI) play a major role in recognizing human behavior patterns and then replicating those patterns to increase efficiency and improve productivity. Furthermore, by integrating technology into our lives, we reduce the chance of human error.
Technological changes have allowed employees to focus on core business tasks. However, this shift is made possible only by using data science and analysis to know where and what the focus of resources should be. Moreover, huge data analysis facilitates logical decisions that can reallocate resources and tasks to machines that can compete on an industrial level.
Despite technological change’s numerous advantages for productivity, it also diminishes human self-reliance, which is one of its drawbacks.
What Impact Is Technology Having On The World Economy?
Technology is one of the core drivers of economic growth around the world. Technological advancement ultimately makes production more efficient, leading to higher-quality goods and services. As technology continually improves, labor efficiency significantly increases.
Technology allows businesses to manufacture and ship larger quantities of their products. This increased output from companies results in greater profits and increased economic development. On a national level, this reduces the overall cost of production while establishing better quality standards for the public.
[newsletter_form button_label=”Submit” class=”sidebar-newsletter blog-middle-newsletter” lists=”1″]
Managing Technological Change
Above, we discussed how technological change could lower production costs, increase business output, establish better quality standards, and lead to higher profits. However, you might be wondering how companies manage technological change.
Companies, governments, and communities must identify and evaluate new technologies to successfully manage technological change. Once they’ve done that, they can respectively incorporate effective technologies into a business nation or local community. The objective of these management processes is to increase productivity.
Technological Change Management Process
While there are many advantages to implanting new technologies in a business, change can be challenging. Many companies need help implementing new technologies. Luckily, following the proper management steps can help companies adopt and implement new and future technology.
Firstly, companies need to communicate clear goals when implanting new technology. Ultimately, incorporating this technology must align with your project and company goals. Secondly, companies need to establish a technological management team.
This specialized team will help the company develop a strategy while also helping companies prepare for any resistance to adopting these new technologies. When done correctly, companies can expect continuous improvement, driving productivity and increasing profits.
Technology uses science to create machinery and equipment that solve various problems. For instance, automobiles have made transportation more efficient. Technological change refers to inventing, improving, and diffusing new technologies to the public. The history of cars is one example of technological change.
Technological change has many positive impacts, from increased efficiency to allowing economies to evolve. However, there are also some, such as a social divide and privacy concerns. Regardless of these impacts, technological advancements are being made every day. Luckily, management processes are being used to manage technological change.
Plenty of fantastic online courses are available to learn about technological change and how it’s affected almost every facet of our lives. There are also numerous resources for companies looking to develop effective technological change management processes to drive productivity and increase profits.
You Might Also Like