Technology is a complex social enterprise that is a part of daily life. It includes communications, measurement, management, research, and manufacturing.
As a consequence, technological advances can have either positive or negative effects on our lives. In addition to the usual social problems, such as pollution and the spread of infectious diseases, new technologies can also have harmful effects on individual welfare, on the environment, and on our society as a whole.
Understanding technology is essential to understanding the world around us. Technology changes so rapidly that it’s often impossible to predict the future. But, there are tools available to shape the development of technology in a beneficial direction.
First, there is the know-how. Know-how is a vast literature of words, pictures, and numbers. The simplest way to understand it is that it’s the art of using something that was once mastered by another person.
There is also the art of designing a useful process. Optimal designs take into account all the constraints that must be met. For instance, every engineering design must operate within the limits of the physical properties of the materials it is made of.
Finally, there is the art of improving existing technology. Often, this requires a significant investment in new hardware and software. Luckily, there are a variety of options to choose from.
New technology has ushered in a knowledge economy. Businesses now use communication technology tools to promote their products and services and to connect with their customers. This includes social networks and applications.