Advancement in technology is broadening financial differences between people or not is a major question of our time. In my opinion, technology helps everyone regardless of financial situation.
Firstly, lets discuss why some people feel it only helps the rich. Whenever something new is discovered, it's usually expensive at first and only accessible by the wealthy. For example, when the smartphones were new, they were very costly. A luxury only affordable by the rich. So people feel that financially well off always have an advantage and will be ahead in a race.
However, I feel that technology gets cheaper as the system evolves. It eventually becomes affordable for everyone just like the smartphones, which opens up more gates for the working class people. It puts all people on the same level for new opportunities. For example, with the websites like LinkedIn, all new jobs are now posted online and everyone has access to it. If you have the skills to do the work, you can get the job, no matter what is your financial condition or where you live. In the early days, if you were from a small town, you will never hear about the job prospects in cities nearby. Such obstacles are removed by the modern day innovations.
In addition, As the famous saying goes "change is the only constant". Hence, instead of denying new technologies, embrace it. In my opinion, the wealth gap is created by the way financial institution works in capitalism and has little to do with the technology. The technology removes routine menial tasks from daily life, so we can focus on our professional career.
In conclusion, though it feels like modern technology increases the wealth gap between people, in reality it is the most amazing tool that can get you ahead in life if used wisely.
Advancement in
technology
is broadening
financial
differences between
people
or not is a major question of our time. In my opinion,
technology
helps
everyone regardless of
financial
situation.
Firstly
,
lets
discuss why
some
people
feel
it
only
helps
the rich. Whenever something
new
is discovered
, it's
usually
expensive at
first
and
only
accessible by the wealthy.
For example
, when the smartphones were
new
, they were
very
costly. A luxury
only
affordable by the rich.
So
people
feel
that
financially
well off always have an advantage and will be ahead in a race.
However
, I
feel
that
technology
gets
cheaper as the system evolves. It
eventually
becomes affordable for everyone
just
like the smartphones, which opens up more gates for the working
class
people
. It puts all
people
on the same level for
new
opportunities.
For example
, with the websites like LinkedIn, all
new
jobs are
now
posted online and everyone has access to it. If you have the
skills
to do the work, you can
get
the job, no matter what is your
financial
condition or where you
live
. In the early days, if you were from a
small
town, you will never hear about the job prospects in cities nearby. Such obstacles
are removed
by the modern day innovations.
In addition
, As the
famous
saying goes
"
change
is the
only
constant
"
.
Hence
,
instead
of denying
new
technologies
, embrace it. In my opinion, the wealth gap
is created
by the way
financial
institution works in capitalism and has
little
to do with the
technology
. The
technology
removes routine menial tasks from daily life,
so
we can focus on our professional career.
In conclusion
, though it
feels
like modern
technology
increases the wealth gap between
people
, in reality it is the most amazing tool that can
get
you ahead in life if
used
wisely
.