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Technology: The Savior and Theft Concept
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Over the past decade, new technologies have come about having astronomically powerful impact on the economy. The leaps and bounds that the technology industry has taken weren’t always for the better. The downsides to all of these victories in man vs. machine have come with their problems and a price. These downfalls are far from over and we can expect a global conflict at the hands of technology in the near future. Technology has been used as a theft device in many respects, from jobs to copyrighted property. With unrestricted sources such as the internet, the ways to slow down this moral massacre are few and far between (Per F. Peterson). Many companies fear technology more than they embrace it. Taking the giant leap into the twenty-first century has frightened some veteran companies to enough to keep them from attempting anything as simple as a corporate website. In 1999, there were over 4,000 lawsuits against technologies. All of these claims were staked on the theory that these new technologies were a threat to the companies’ clients and profits (Economic Evaluation). Such technologies included handheld devices for stock market observation or software that stored passwords to important restricted files. Devices such as these were originally designed to simplify the process of purchasing and trading stocks. Like-wise, such programs were developed to quicken access to files that may be time-crucial in monetary factors (U.S. Securities and Exchange Commission). Morality can also be weighed in as a large factor in the decision to integrate newer technologies into your personal corporate empire. Many business owners in their middle ages feel it down-right immoral to recruit machines as field workers (Atlas of U.S. Economy). A product still in beta-stage is one of a new breed of concepts. It is considered part of a new line of ‘smart technologies.’ This particular device has its user fill out a list of preferences and once completed, it acts as its user’s stock broker. It does all the bidding necessary according to its owner’s financial position and risk-taking preferences.
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