Developing pace of improvements in the industry as a fact that has both benefits and drawbacks

Industry except agriculture and services is mentioned among various specialists in the area of economics to be one of the fundaments of every economy. Therefore, different governments worldwide, first of all those, for which such a topic is above all crucial as they for instance have access to broad range of resources, invest money in technology progress. It is very crucial as, first and foremost, the competition in similar area has got so intense that without putting our efforts on improving the technology we would be unable to remain on the market.

It is proved by the fact that the flow of the technology and its transfer is pretty intensive, as one information from one edge of Earth to another may be transferred even in less than one second. Such a means that something that was thought to be impossible for people for example fifty years ago, at present is real. Consequently, we are recommended to realize that in fact there are almost no limits for the human beings.

Industry also contains great range of examples that can prove to us that something that used to be known to be impossible, is nowadays real. We can discover it for example thanks to analyzing the efficiency of factories that are improvingly systematically using machines instead of human beings. Despite the fact that it is certainly simple to explain, as machines are precise, make less faults etc., we ought to keep in mind that their growing use in the production process mostly results in the fact that people with no special skills have problems with finding a job offer.

In the light of the points mentioned above, we are recommended to realize that regards similar fields of economy like industry the progress of technology might be evaluated either as a positive or negative factor. However, the most likely tendency in the future is referred to even more improved use of machines, which implies that in order to prepare ourselves us for the future in such a topic the best solution is to either acquire knowledge in terms of managing or invention of such machines.