Thursday, 29 November 2018

Technology makes things possible



If one day we could travel back to the past, unless we brought all modern technologies with us, otherwise we would gain many advantages comparing with the people living in the past. Some things are not possible without the support of modern technologies. For example, delivery was not possible in the past, because it was too risky for anyone to run a delivery business like UPS. Delivery men could just run away with goods because information transformation was very slow in the past, the risk for delivery men to run away with parcels was very low. Moreover, many jobs just could be done in the past. People were well educated not because of their lack of incentive, it was caused by the lack of technology. The invention of printers lowers the cost of publishing significantly and makes education cheaper in general, so technology makes more people be able to read.

The key in technological development is information. Almost all technological development relates to information. Trains, ships and planes make people easier to travel, so people are easier to exchange information or see information (sight viewing can be a way of seeing information). The inventions of radar, stealth jets aim to create information asymmetry to benefit oneself. Furthermore, people like sharing information with each other, especially with those who are close to them, that is why Facebook has such an enormous number of active users. The information that users upload online also helps companies like Facebook to earn significant amounts of profits. Therefore, it seems that to determine whether an invention is a significant and meaningful one or not is to see its impact on information, if it can improve information symmetry or create information asymmetry, it is a very good invention.

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