Technology Creates Income Disparities

Hello friends we are here and discussing on the topic technology create income disparity according to my point of view yes technology create income disparity and now point is this how ? so to answer this question I m taking a simple examples of two country USA and Bhutan.

USA is developed country and most of the new technology used in every field and income of person is also high which is not in Bhutan.

Another example suppose two farmers both have same land area one is using new technology for cultivation but on other hand another farmer uses basic techniques for farming so they is huge difference in both there income now point is that actually technology makes money and money makes technology both this statement are right.

Great scientist of USA said" time makes money " nowadays we are improving technology day by day so we can save the time and in saving time slot which we can use in any other and it also makes money.

"Technology creates income disparity".i do not agree with its inference.technology is something that contributes in the development of a nation.it provides you with such techniques and machines that help save your time.you cannot hold technology responsible for the increasing disparities in income and wealth in our country. There is a fault in our distribution system which mainly creates this huge gap among the different stratas of our society.
It is actually the application of technology that makes any country advanced and better than the others.And if it is not being applied than one becomes deprived.so,basically it is the access to the technology that helps in the development process.Therefore we should not straightaway blame technology for the inequality....

Technology helps us to save our time. India is a developing country, in India technology pays a very important role. Previously India were importing products like cotton jute etc. Now India is importing machinery equipment from other countries so they can make the products. Technology helps us to make level of balance of trade and the balance of payment.

What the real need of a human being is to get job. Technology creates job in different way. It create works which are done to get development n comforts. People get new options in their business which enhance the business and by which job opportunities are created. Just as there are so many employee in a bank and with the help of computer and note counter machine they can complete their work by the time which enhance the business n development of a country. So I don't think that technology cause to any hindrance in income.

I personally do not feel that technology is creating any kind of disparities in the country. With the advancement of technology, it has reached to the various parts of the society. Even a rickshaw vala is is using a mobile phone as the higher classes do. Meaning to say is that technology has decreased the disparities of the countries economy.

As the definition of technology goes, "technology is the knowledge of tools, machines, techniques, systems or methods of organisation to SOLVE A PROBLEM effectively and efficiently. Yes, I said "to solve a problem", So can it create income disparities?

I think all of you readers got my point.

Technology as we know has become a part of our life. We cannot just live on without it. But it is like a coin with same sides but both having a different result.

One side is that, it does create income disparities among the working class. It only creates opportunities for those who are familiar with it. But this itself can sometimes be a danger, that is not all the firms stay at the top of business list for long. Some or the other day they will come down, which will force the employer to minimize the wages or remove some of the workers.

Second, if there wasn't any technology then more number of people would have been at job which is a good point. But the production would not be up to the mark, which might cause workers getting less wages.

So its clear that technology do creates income disparity which might make us think that we don't need any technology, but absence of it is also gives the same result.

Its like a Quadratic equation with two roots but the same answer.

Thank you.

The term technology is familiar to all the classes, higher, middle, and the lower class. Technology is the means of communication between the classes for example in large organisations equipments like telephone, mobile phone, fax, video conferencing devices are being used by the employers and the employees in order to communicate with each other these equipments are used in day to day activities. These means helps in reducing income disparities between higher level and the lower level, and also helps both the classes to earn good sum of income because of quick problem solving due to good communication between both the classes.

Friends,

Technology has indeed turned boulders in the field of development, comfort and efficacy. But the superficiality of technology can be clearly made out i.e. the technology has spread its wings only over the urban areas. Half the teeming population is deprived of the use of technology.

The reason that backs this fact is that of illiteracy. To expunge this fastidious problem, we ought to look at the feasible methods at hand like making the latest technologies in rural areas, helping them understand their uses by conducting workshops. These attempts could prove felicitous only when implemented strenuously. This way we can make India Income disparity free country.

Thanks for providing me with a opportunity for sharing my views.

Technology has revolutionized our lives we can't imagine our lives with it but the fact that it has its own disadvantages the one familiar with it has the upper hand and vice versa thus it creates economic disparities.