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Classical works about this topic are still influential today. In Aristotelian ethics, the concept was distinguished from other words for wisdom and intellectual virtues—such as episteme and sophia —because of its practical character. The traditional Latin translation is prudentia, which is the source of the English word "prudence".
Technology is the application of conceptual knowledge to achieve practical goals, especially in a reproducible way. [1] The word technology can also mean the products resulting from such efforts, [2] [3] including both tangible tools such as utensils or machines, and intangible ones such as software.
The term "methodology" is sometimes used as a synonym for the term "method". A method is a way of reaching some predefined goal. [6] [7] [8] It is a planned and structured procedure for solving a theoretical or practical problem. In this regard, methods stand in contrast to free and unstructured approaches to problem-solving. [7]
Pragmatism is a philosophical tradition that views language and thought as tools for prediction, problem solving, and action, rather than describing, representing, or mirroring reality.
In philosophy, practical reason is the use of reason to decide how to act. It contrasts with theoretical reason, often called speculative reason , the use of reason to decide what to follow. For example, agents use practical reason to decide whether to build a telescope , but theoretical reason to decide which of two theories of light and ...
Gigerenzer & Gaissmaier (2011) state that sub-sets of strategy include heuristics, regression analysis, and Bayesian inference. [14]A heuristic is a strategy that ignores part of the information, with the goal of making decisions more quickly, frugally, and/or accurately than more complex methods (Gigerenzer and Gaissmaier [2011], p. 454; see also Todd et al. [2012], p. 7).
Technology is the application of conceptual knowledge to achieve practical goals, especially in a reproducible way. The word technology can also mean the products resulting from such efforts, including both tangible tools such as utensils or machines, and intangible ones such as software.
For Heidegger in Being and Time this illustrates, in a very practical way, the way the present-at-hand, as a present in a "now" or a present eternally (as, for example, a scientific law or a Platonic Form), has come to dominate intellectual thought, especially since the Enlightenment.