introduction and reference

Laboratory and Technological Advances

Introduction

What is technology and its significance? Technology is generally the application of the scientific knowledge in processing actions, creating tools and also in production of goods and services. Technology fits everywhere. Technology is very important because it influences the existence of human beings by bringing new ideas, improvements and also risks in our lives (Martin & Johns, 2013).

Body

This is my topic of choice because of the passion that I have in Information Technology. I have always had passion in learning more about latest technology and their impacts on human lives. Briefly, let me mention something small about technology. Nowadays, many people don’t die of sickness unlike some years ago. This is because of the technological advancement in the Medical Industry. The introduction of new machines for testing different diseases has been invented and hence, a disease can be treated accurately and more easily.

Another advantage of technology is that it has led to innovation of so many things. This is a very big advantage in an organization since it increases its productivity and hence the profit is maximised. Technology is also an advantage in an organization since it saves labour of the employees.

On the other hand, technology has got its disadvantages. Technology has led to unemployment since the work that was initially done by human beings is now done by machines (Smith, 2014).

Conclusion

In conclusion, technology has both advantages and disadvantages but its advantages are more than the disadvantages. One of the advantages is that technology helps in increasing productivity of a company. One of the disadvantages is that it lowers standards of living by leading to unemployment.

References

Martin R. & Jones G. (2013). Technological Advances. Retrieved from Science Newt Links, 2016

Smith A. (2014). Advantages and Disadvantages of Technology in Different Sectors. Retrieved, 2016