I think technological developments in the business world has both good sides and bad sides. One big advantage is that it makes work faster and more practical. For example people can send emails and have online meetings instead of traveling which saves people from a lot of trouble. Also new machines and software helps companies to produce more things in less time and it gives more chance to small business to grow by using social media or online selling websites.Which is a great opportunity for people who wants to study business but are hesistant.
However there are some problems such as people being replaced by technology and AI. Like in factories they don’t need many workers anymore because robots are doing all the work instead. Also not everyone knows how to use the new technology especially old people. This makes it hard for some workers to keep their jobs. Another problem is that people spend too much time in front of screens which is considerd to be unhealthy.
In my opinion technology is good only if we use it carefully. It can help the business world grow and develop.However people shouldn’t be forgotten during the process and they should keep their occupations. Companies shouldn’t be leaning on technology too much anyways since there is no guarantee that it will stay with us all the time. So technology brings more benefits instead of drawbacks if we use it in the right way not too much not too less.