As the world becomes more globalized and connected, the negative and positive impact of technology on the economy is evident. This article examines both sides of the coin, highlighting the positive impact of technology on the economy and the need for more control over the diffusion of technology. It also highlights the importance of managing the expenditure of technology. These issues are crucial to the future of the economy. Ultimately, these decisions will have far-reaching effects on the global economy.

Positive impact of technology on economy

The advancement of technology has contributed significantly to economic growth. Technological progress has made many processes easier and increased productivity. In fact, technological advances are crucial for economic growth. As such, it is important to develop new technologies and improve existing ones in order to ensure prosperity for all. The following are some of the ways in which technology contributes to economic growth. 1. … Read More