According to Argyle, (2017), firstly, people consider technology and innovation as ever changing. Now, different innovations are obsoleting with pace. People now become more competitive and bring new ideas, innovation and technologies to be challenging in market. A technology introduced in market, and with in a month or some days, competitors enter the market with something more challenging. Technological ideas are getting unleashed with the growing world and utilized the resources in every possible effective manner. Nothing now, seem surviving in this fast paced world, unless the one moves and maintain itself with the waves, the world moves away and it left behind.

Secondly, nowadays, technology is another name of improving the efficiencies and bring the effectiveness in the business world, society and human lives. Efficiency denotes with being effective and conducting the business or oneself in a manner, which entirely depicts the input. Initially, effectiveness and efficiency was computed by the level of work a group or a person do in the particular time period. However, the technology advent and improvement in the systems cause the shift from manual to automatic systems, deals with more worked could be achieved by less workers. With the improvement in technology, tactical activities of the companies are improvising and average cost of the work also reduce. People are able to manage themselves and could do more by handling less stress, which helps in maintaining the work life balance. Organizations are also able to decrease the working cost, which refer to more profits and growth. Entrepreneurs hire less individuals and workers do less work for more money (Pierce, 2018).

As stated by Hatch, (2018), modern technology is also denoting the speed. Currently, individuals are able and capable to perform certain task with convenience, speed and ease, than they never could before. Daily transactions of the business are now faster than before. Technology has brought improvement in speed of internet, people are now able to conduct meetings, converse from different parts, can video chat, live streaming etc. Moreover, transportation has also been improved because of technology advancement, as people are able to travel easily from one part of the world to another with ease, and in short time. Bullet trains are one of the significant invention, which helps people in covering the long distance within minutes (Argyle, 2017).

In the conclusion, it is summarized that, as world gets familiar with new things, ideas, and innovations, growth of the countries are consistent. Technology is the main reason for the countries growth and development. Those who are unable to cope in this fast, speedy and growing world, it is important for the people, companies, and countries to be technologically updated and upgraded, or else, will be left far behind, where no body will be able to help or provide their support. Development and technological growth must not effect the human nature, and their purpose of existence in this world. Questioning on the human nature is not the trait of the technology, as several societies are living together because of this.  But the technology is ever-changing, yet it must not change the existence of us, and who humans really are.

References

Argyle, M., 2017. Social Interaction: Process and Products. Routledge.
Cho, S., Chang, S. and Jo, I., 2015, April. The solid-state drive technology, today and tomorrow. In Data Engineering (ICDE), 2015 IEEE 31st International Conference on (pp. 1520-1522). IEEE.
Hatch, M.J., 2018. Organization theory: Modern, symbolic, and postmodern perspectives. Oxford university press.
Pierce, A., 2018. technology today. Tech Directions, 77(8), pp.8-9.

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