Is it true that technology is slowly taking over the business and financial world.

TOZZIBLINKZ

VIP Contributor
Absolutely and obviously yes , majority of people are not aware that technology is slowly replacing the use of manual ways to make money that is why we can be sure that technology and modernization is slowly taking over the business and financial world that is why majority of people today most a day youths are no longer opening offline businesses rather they are using their gadgets such as phones laptops and desktop computers in order to monetize their time on various online platforms and websites so as to make a reasonable and considerable amount of money all online . As human beings we must make sure to adapt to this new system so as not to be left behind while others are using technology to make their life easier by establishing their business online , thereby making its lucrative and profitable online .

It is believed that before the 2030's , technology and modernization must have taking over the business and financial world totally , and now is the time for us to start taking advantage of technology and modernization and seeing different ways we can get the most out of it , we shouldn't feel that the use of technology are only for those who are educated because even if you are educated or not technology is absolutely for everyone .
 

Jasz

VIP Contributor
As Businesses become competitive in the modern world, so many things have changed, in techniques, control or management. Technology has set in as so many people try to improve their businesses. While this may be a difficult task, it is one that must be completed if the company hopes to remain viable.

The first indication of technology in businesses and finance is the rise in automation. The more automated a process becomes, the fewer humans are required to complete it. A large number of online jobs have already been replaced by automated processes, but there are many more that will soon be handled by robots instead of people. Additionally, there are some processes which can only be done by machines and these will continue to grow as technology progresses.
Another factor impacting the future business is the increasing use of artificial intelligence (AI). This is a relatively new field of research, but it has already shown great promise in helping companies solve complex problems. By using AI, companies can create solutions which are far more effective than those created by humans alone. As AI continues to evolve and become more advanced, it will eventually replace many workers who currently rely on human beings for their work.
 

btaliat

VIP Contributor
There is no argument in favour of the fact that technology has taken over almost all the sectors of human. Machine and robot can now work effectively on the areas that human can hitherto work on. This is nothing but the high level technology.

Does that pose a threat to man? Though this should not make man to have or entertain some fears, but there is need to improve on some areas and learn some skills especially where robot cannot work perfectly. The ironic part is that humans are needed to configure the robot that will work on some of these jobs.

The fact that robot has the ability of performing at omg duration without tiredness and asking for salaries and some other things human may declare that they want. But that doesn't mean that robot do not have their own side effects. Some of their side effects may include

They need human to be programmed. This is to tell is that there is no way we can do without human. Human will need to control the machine that will still replace men. In the process of programing, there is tendency that man may make mistake of wrong programming for the robot.
 

Ithedicious

Valued Contributor
I don't really think technology has anything to do with business like you are saying , but if you are saying that technology can really takes over so many things including some of the available jobs , yes I can understand but business may not likely be possible because so many technology are being invented so that the world can be relief and if this technology are being put into use then we have to understand that a lot of people will likely lose their jobs because of these modern bot and modernization.

Business will always be there because business only involve buying and selling of goods and services and probably modernization will not really have effect on this because it will still involve the service or the supervision of human beings.

Medical line is another area that may not be taken over by modernisation or technology , the reason is because the medical line is really complicated and even if technology is trying to take over , it will still be under the supervision of expert because most of these technology can never be hundred percent accurate to a point of carrying out complicated medical procedures. It will still need the supervision as of humans.
 

Chibson

VIP Contributor
The advance of technology in the business world is something that is inevitable and of course it is already happening. 20 years from now there will be a lot of much more technological advancement in every facet of life and not excluding the business world.

There are several social media platforms now that businesses are using to promote their business with a lot of ease and of course this has probably made it very possible for many people to venture into several businesses and promote it without spending much money.

With little budget, you can probably promote your business in the social media platforms and get a lot of people to know about your business with little amount of time.

It was probably not like this some time ago but the acceptance of technology around the world has made it a lot easier. The truth is with the right business idea and little capital you can probably make your business very successful using different social media platforms to promote it properly. There are also several businesses if you can start at the comfort of your home and probably become very successful on it whether online business or offline business. There are many people using social media platforms to promote their offline businesses and they are successful in it.
 
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