Technology Creates Income Disparities

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.

If we go through the ranking as per world organizations institutions we will notice that countries that are technologically developed hold the top rankings.

Common point that can be seen in every developed country is that they are technologically highly developed.

Distribution of employment is more in secondary and tertiary sector that agriculture or primary sector.

More use of technology reduces time consumption and the outcome is also of good quality.

Less capital intensive they are i.e developed countries.

It is obvious that more technologically developed region will be imbibing more income that the others.

Many of us are loosing the track and drifting from the topic. We are not talking about the pros and cons of technology.

According to me, technology does create disparities in income. Simple explanation to it. A person who knows how to handle and benefit from the developed equipments, machines, etc is considered as a skilled resource. he also gets paid more as compared to a person who doesnt know what technology means and doesnt know his way about it.

Maybe the theoretical knowledge both of them have is almost the same..but technology is the deciding factor when it comes to fixing their incomes.

I think.

There is no relation between inequality of income and technology, technology is ubiquitous every people one or another way using technology, in India most of the people either poor or rich has cell phones, and they are enjoying using technology, using technology we can generate employment for poor people also, technology does not prevent poor people to become rich, People either poor or rich using technology.

Some times that happen that technology decrease the requirement of manpower but at the same time also generates new employment but that new technical employment.

Technology can never create disparity in any of the aspects whether its the matter of income, business etc. Technology is something which bridges the gap and provides a platform so that work can be carried out in a smooth way.

So in my opinion technology when in the population of over 1.25 billion wherein 900 million people are using cellphones its needless to say that technology is impacting the life of people in a positive way. Coming to income, with technology now its getting much more easier to earn income through technology so it cannot create disparity.

Hi guys! yes, in my opinion technology creates inequality in income of a person or a company. As we know that technology gives easy way, takes much less time to do any work and we know "time is money", so if you save your time you save your money and in daily practice or in companies also if you do some work before time limit which you given, then you will get bonus it mean income disparity, so any person which technically skilled definitely he will have more income than unskilled person, but it requires use of technology in proper way.

Hi Friends, According to me Technology creates income disparities. Because in India more than 40% people are living in rural areas. In which most of them are unknown about the new technology. They hard work lo live their life and earn less. On the other hand people who are living in urban areas are very well known about new technology. They work less and earn more. I think government should take some necessary steps through which people who are living in rural areas and unknown about new technology will get benefit of new technology.

Technology redefines contours of development to keep pace with time & living style for any country. It is socialistic in nature. It provides equal opportunity to all & a platform of challenges to deserving individuals. Competency matrix is well tested for meritorious candidates. The miracle that a scrap collector on streets now can afford to maintain mobile so retailed out just to meet his needs. Service sector is benefited many-fold to their clients at ease. I am of opinion that Technology never brings any kind of disparity.

I think this is because new technology brings good income by this way our country can be developed. More job opportunities can be created to people, in this way unemployment may be eradicated.

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.

Thank you.

I don't think so technology creates disparities. As a country like India has a huge population I feel technology creates employment opportunities and gives chances to people and helps them to adapt and earn well. It all depends on us whether we can take advantage of technology to work error-free and quickly.

On the same time creation, upgradation, and implementation of technology also create the opportunity of employment creates skilled and educational employment for the country which helps in the development of our country.