Thursday, November 14, 2019

Canadian Businesses and Technology Essay -- Economy

Canadian Businesses and Technology Technological changes today, and in the near future, will be the greatest influence on Business as we know it. With the development of computers and robots, the requirements for many industries will fill up extremely quickly. By having machines to perform complex and monotonous operations by humans, industries will seek out their aid and most likely affect the emplyoment rate both ways. There is no question that many individuals will lose their jobs but at the same time new options will arise. An example would be the development of the Telstat Telecommunications satellite which opened the door for many unemployed citizens who possessed the key ingredient to hold down such a job. This ingredient would be based upon Toffler's thesis that information is the most valuable aspect our lives and that wealth is insignificant compared to the rewards of knowledge. There is an abudance of positions available to Canadians that cannot be completed by computers (at least, for the time being) and therefore, our standard of living and qualit...

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