There is no doubt that modern technology is reshaping our planet and affecting every aspect of human lives. From a social perspective, many people argue that the gap between the upper class and lower classes is widening as a result of technological advancements. Others, however, believe the opposite.
There are several reasons why one could think that the wealth inequality is, indeed, increasing. The most common reason is the automation. Driven by technology, automation reduces the need for manual labour. As a result, less work opportunities are available for unskilled people. With each iteration of the cycle the competition increases and wages decrease. Secondly, technology has increased the minimum level of needs that should be satisfied. Nowadays, everybody should have a mobile phone and an internet connection, including the poor. This increases the monetary burden on them as they must borrow to cover these new needs.
However, I firmly believe that the aforementioned opinion is ludicrous. The most obvious reason is that modern technology has facilitated the road to riches in an unprecedented manner. For instance, many of the internet billionaires are from lower and middle classes. Moreover, the major leaps in agricultural technologies has magnified food production. As a result, food has become more affordable and available. Finally, leveraging technology has dramatically increased workers’ productivity. Consequently, compensations and salaries have increased.
In conclusion, I strongly believe that technology could possibly narrow the difference between social classes. Increased food production, opportunities and productivity are just few examples of technology’s contribution to bridging the wealth gap. 
There is no doubt that modern  
technology
 is reshaping our planet and affecting every aspect of human  
lives
. From a social perspective,  
many
  people
 argue that the gap between the upper  
class
 and lower  
classes
 is widening  
as a result
 of technological advancements. Others,  
however
, believe the opposite.
There are several reasons why one could  
think
 that the wealth inequality is,  
indeed
, increasing. The most common reason is the automation. Driven by  
technology
, automation  
reduces
 the need for manual  
labour
.  
As a result
, less work opportunities are available for unskilled  
people
. With each iteration of the cycle the competition increases and wages decrease.  
Secondly
,  
technology
 has increased the minimum level of needs that should  
be satisfied
. Nowadays, everybody should have a mobile phone and an internet connection, including the poor. This increases the monetary burden on them as they  
must
 borrow to cover these new needs. 
However
, I  
firmly
 believe that the aforementioned opinion is ludicrous. The most obvious reason is that modern  
technology
 has facilitated the road to riches  
in an unprecedented manner
.  
For instance
,  
many
 of the internet billionaires are from lower and middle  
classes
.  
Moreover
, the major leaps in agricultural  
technologies
 has magnified food production.  
As a result
, food has become more affordable and available.  
Finally
, leveraging  
technology
 has  
dramatically
 increased workers’ productivity.  
Consequently
, compensations and salaries have increased. 
In conclusion
, I  
strongly
 believe that  
technology
 could  
possibly
 narrow the difference between social  
classes
. Increased food production, opportunities and productivity are  
just
 few examples of  
technology’s
 contribution to bridging the wealth gap.