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In the long term, I believe that increased dependence on technology is going to be good.
With the ever-improving technology, life has been much easier. We are in an industrial
revolution, and so far, the advantages out way the disadvantages. It is hard to live without
technology. Nobel Laureate Simon Kuznets estimated that over 200 yrs from the beginning of
the industrial revolution, in 1750, technology will be responsible for 80 to 90 % of the world
output, with the expansion in capital and labor only responsible for the remaining 10-20 percent
of the entire rise in output( Krasniqi & Vokshi,2017). Technology dependence has eradicated
hunger and poverty in most parts of the world by expanding the food output several times, which
would not have been feasible without technological dependence. This trend will continue well in
the future.
In twenty years, people will be adopting more intelligent gadgets and machines to assist
them in performing activities that humans find challenging. Technology will continue to
advance, and humans will adapt to new advancements.
Reference
Krasniqi, F. X., & Vokshi, N. B. (2017). Impact of Scientific and Technological Progress on
Economic Development-the Views of Some Nobel Laureates of the Economic
Science. Annals of the University Dunarea de Jos of Galati: Fascicle: I, Economics &
Applied Informatics, 23(3).

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In the long term, I believe that increased dependence on technology is going to be good. With the ever-improving technology, life has been much easier. We are in an industrial revolution, and so far, the advantages out way the disadvantages. It is hard to live without technology. Nobel Laureate Simon Kuznets estimated that over 200 yrs from the beginning of the industrial revolution, in 1750, technology will be responsible for 80 to 90 % of the world output, with the expansion in capital and labor only responsible for the remaining 10-20 percent of the entire rise in output( Krasniqi & Vokshi,2017). Technology dependence has eradicated hunger and poverty in most parts of the world by expanding the food output several times, which would not have been feasible without technological dependence. This trend will continue well in the future. In twenty years, people will be adopting more intelligent gadgets and machines to assist them in performing activities that humans find challenging. Technology will continue to advance, and humans will adapt to new advancements. Reference Krasniqi, F. X., & Vokshi, N. B. (2017). Impact of Scientific and Technological Progress on Economic Development-the Views of Some Nobel Laureates of the Economic Science. Annals of the University Dunarea de Jos of Galati: Fascicle: I, Economics & Applied Informatics, 23(3). Name: Description: ...
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