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 increasing. The most common reason is the automation. To elaborate more, the work which is done by technology and automatic machineries reduces the need for manual labours. As a result, less work opportunities are available for unskilled people. Secondly, technology has increased the minimum level of needs that should be satisfied. To be more precise, nowadays, everybody should have a mobile phone and the internet connection, including the poor people. This increases the financial burden on them as they must borrow money to cover these new needs and ultimately the gap has increased between economically stronger and weaker people.
On the contrary, some individuals believe that technology has diminished the gap between those who are financially stronger and those who are not. The first and foremost reason behind this that now everyone has access to free and affordable education. By using various online platforms, one can learn many practical skills. To explain it further, if a person wants to study, he can pursue a course by using the medium of distance learning and some of the Universities provide short-term courses totally free of cost. Another major reason is technology has given the freedom to everyone to do business regardless of financial status. For instance, even a roadside vendor can sell his food items online by registering on the Andriod mobile applications like Uber Eats and Zomato. Consequently, the gap has been plunging between richer and poorer because both earn well due to the technology.
In conclusion, although some claim that modern technology increases the gap between the rich and the poor,
I strongly believe that technology has filled the gap between financially stronger and weaker people because a poor person can educate himself using free education and earn by using that knowledge.
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 increasing. The most common
reason
is the automation. To elaborate more, the work which
is done
by
technology
and automatic
machineries
reduces
the need for manual
labours
.
As a result
, less work opportunities are available for unskilled
people
.
Secondly
,
technology
has increased the minimum level of needs that should
be satisfied
. To be more precise, nowadays, everybody should have a mobile phone and the internet connection, including the poor
people
. This increases the financial burden on them as they
must
borrow money to cover these new needs and
ultimately
the
gap
has increased between
economically
stronger and weaker
people
.
On the contrary
,
some
individuals believe that
technology
has diminished the
gap
between those who are
financially
stronger and those who are not. The
first
and foremost
reason
behind this that
now
everyone has access to free and affordable education. By using various online platforms, one can learn
many
practical
skills
. To
explain
it
further
, if a person wants to study, he can pursue a course by using the medium of distance learning and
some of the
Universities provide short-term courses
totally
free of cost. Another major
reason
is
technology
has
given
the freedom to everyone to do business regardless of financial status.
For instance
, even a roadside vendor can sell his food items online by registering on the
Andriod
mobile applications like Uber Eats and
Zomato
.
Consequently
, the
gap
has been plunging between richer and poorer
because
both earn well due to the technology.
In conclusion
, although
some
claim that modern
technology
increases the
gap
between the rich and the poor,
I
strongly
believe that
technology
has filled the
gap
between
financially
stronger and weaker
people
because
a poor person can educate himself using free education and earn by using that knowledge.