Since the humankind has first appeared on the world, they have always been observing their environment and the things that are happening around them. Those observations lead humans to have the exact amount of information which we currently have. By the usage of these information for the beneficial things, humanity has always evolved their planet. For example, the humans who had seen that circular objects are rotating, invented the wheel which. And now we are using the improved version of the wheel. As a result of collecting those kind of information over the years, a term called technology has occurred. As the technology is developing, some other types of things like business world is also developing. However, there are some advantages and disadvantages of this situation.
When we think of the advantages, the first pro that comes to my mind is ability of technology to make business world easier and faster. Imagine that you have a store that is selling variety of products. Would not it be easier to advertise your store and products by the usage of technology? You can even use some social media platforms in order to increase your sales. Another advantage of technological developments is the opportunity to sell your products in online world without even opening a real store. This might prevent you from losing your time and also losing your energy by making things more straightforward. Also, technological developments can help you when you are about to make a decision that might have a importance.
In addition, there are some threads of developments of technology on business life. One of the most brutal disadvantage is job displacement. Increasing effect of advanced technologies like artificial intelligent can lead to layoffs in roles like manufacturing, retail, and customer service. Additionally, we might have to face against some security risks in future. Our bank accounts or our secret information can be stolen by the malicious software. And those can be used by the people for some bad intentions.
To sum up, I think that technological developments transforming the business world bring more advantages. Because its advantages are more than its disadvantages for the humanity.
