As times have changed we have become more and more dependent on technology. Computers are are doing jobs that would have taken hundreds of people to do. But is this good for our nation? Will be lose knowledge, experience and hard work for an easy click of a button? Sure computers are helping companies produce their products quicker and cheaper but are they helping the economy at all. More and more people are losing jobs to technology and we are forgetting how things used to be done, with hard work and determination.
In this comic strip from www.cartoonstock.com it shows a boss explaining to four of his workers, the new factory manager. It shows exactly what is occurring in today world. This follows the basic rule of supply and demand. With the advancement in technology firms are able to reduce the number of workers and wages and are able to produce more products for a cheaper price. This is allow the firms to decrease the price of production and increase the amount of production. With an increase of production price the firm can lower their price of the product, increase the consumer's demand and because it is cheaper and easier to produce the supply of the product with also increase.
More importantly, is this advancement in technology helping out the nation economically? Sure it is lowering prices of products which allows consumers to go out and spend money but with the decrease in jobs it makes spending money very difficult. We are in very difficult times financially right now and as more and more people lose jobs due to technology we are only going to be put into tougher times. The demand for jobs is becoming lower and lower and the demand for technology replacing those jobs is only increasing. They makes companies more money and more products at a lower price. Who would blame them? No one. However, it is truly hurting more people than it is helping.
