HUMAN LIFE AND TECHNOLOGY

 Impact of Technology on Finance and Banking Sector

🟣 Impact of Technology on Finance:

      Progressive financial services companies are on the lookout for new technologies to improve efficiency and speed of service, as well as provide better customer experience. Exponential growth in information technology has prompted companies to leverage digitization of banking technology to transform the financial services industry through customer experience management.

The financial services industry is looking at improving online customer service enabled by competition with consumer brands like Amazon, Facebook, and Google. Importantly, most financial services executives feel improving the customer experience to be the top driver of digitization in banking.

🟣 Impact of Technology on Banking Sector:

      As technology continues to advance at a rapid pace, the banking industry has been quick to adopt new tools and techniques to enhance the customer experience, increase efficiency, and improve security. From mobile banking to blockchain, technology is changing the way we interact with financial institutions and manage our money.

One of the most significant impacts of technology in banking is the rise of digital banking. With the widespread use of smartphones and the internet, banks have developed mobile apps and online platforms that allow customers to perform a range of financial transactions from the comfort of their own homes. This has made banking more convenient and accessible than ever before, enabling customers to check their account balances, transfer funds, and pay bills with just a few clicks.

Social Media for Patients

Social media is increasingly utilized by patients to educate themselves on a disease process and to find hospital, physicians, and physician networks most capable of treating their condition. However, little is known about quality of the content of the multiple online platforms patients have to communi- cate with other potential patients and their potential benefits and drawbacks.

Impact of Technology on the Future of HealthCare

The future of the healthcare industry is dynamically changing in front of our eyes with a range of advanced digital technologies, including artificial intelligence (AI), 3D printing, robotics and nanotechnology. Although the sector has familiarised itself with the latest developments to control the technology, there is still a long way to go. Since the pandemic, it has become quite evident how technology can potentially play an important role in shaping healthcare facilities, enhancing their quality and embracing the new digital era.

      Negative Effects of Technology on Human Health

    🌀 Advancements in technology allow people to be more connected than ever, but this may come at a price. Overuse of social media and mobile devices have been linked to eyestrain, difficulty focusing on other tasks, and depression.

   🌀 While some forms of technology may have made positive changes in the world, there is evidence for the negative effects of technology and its overuse, as well.

   🌀 The overuse of technology may have a more significant impact on developing children and teenagers.

   🌀 In this article, learn about the psychological and physical health effects of technology, as well as how to create healthful habits with technology and avoid overuse.

   Robotics

 🟣 The Future of Robotics and Robots:

The future of the healthcare industry is dynamically changing in front of our eyes with a range of advanced digital technologies, including artificial intelligence (AI), 3D printing, robotics and nanotechnology. Although the sector has familiarised itself with the latest developments to control the technology, there is still a long way to go. Since the pandemic, it has become quite evident how technology can potentially play an important role in shaping healthcare facilities, enhancing their quality and embracing the new digital era.

Impact of Social Media kn Politics

  🌀 The political landscape has changed quite a bit in the last couple of decades. The internet has played a large role in this transformation. Social media, in particular, is now a serious factor in political campaigns and in the way people think about issues.

Candidates and their supporters constantly post their views on Facebook and Twitter. Each party has its own pages, from which it broadcasts propaganda and requests for donations. Let's look at some of the leading ways that social media influences politics today.

Positive and Negative Impact of Artificial Intelligence

the world is developing at a very fast pace. In our ever growing world, technology seems to have taken a centre stage in the affairs of man. With globalization connecting people and places, the interdependence between people has increased, and the need for things and commodities has also increased.

  🌀 Positive Impact of AI:

      1) Tasks done with the use of artificial intelligence are usually done faster and also finish in record time. Computers and machines which are employed in the performance of tasks make works to be accomplished fastly.

    2) Artificial intelligence are used to carry out risky jobs that are too dangerous for humans to undertake. Some tasks are highly hazardous to human health and it is only computers and machines that can carry out such tasks. For instance, in the case of pipeline leakage which occurs in a pipeline deep under the sea.

  🌀 Negative Impact of AI:

    1) One of the major effects that Artificial Intelligence negatively has on humanity is that it  causes  loss of jobs and unemployment. The use of computers and machines to do tasks which ab initio were done by humans have caused loss of jobs and employment opportunities for people.       

    2) Workers are being laid off as employers prefer using computers and machines to do the jobs which they (workers) were employed to do. For example, the use of machines in agriculture and building constructions have to a great extent reduced the requirement for manual labour in those areas.

   3) Continuous use of artificial intelligence based equipment can be addictive to humans. Again, it causes laziness in man as one no longer does anything by himself but always depends on the use of computers and machines to perform every little task. For example, walking is a form of exercise but rarely do people walk even the shortest distance as a result of cars.

Positive & Negative Impact of Technology in our Lives

  🌀 Positive Impact of Technology:

       Technology has, without a doubt, made all our lives easier over the past two decades. From connecting with people across the globe from the comfort of your home to running a full-fledged business without a physical space, technology has impacted our lives positively in several ways. So, read on below:

  🌀 Negative Impact of Technology:

    1) Job loss and downsizing are two significant adverse effects of technology. Because of advances in the tech field such as AI integration, automating and accomplishing tasks have become easy.

    2) Overall, tech is amazing, and it has changed the world for the better, from improving our daily lives to building better businesses. The majority of the adverse effects of technology stem from its misuse.