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Further, high tech is related to the concept of mid-tech, that is a balance between the two opposite extreme qualities of low-tech and high tech. Mid-tech could be understood as an inclusive middle that combines the efficiency and versatility of digital/automated technology with low-tech's potential for autonomy and resilience. [7]
Productivity-improving technologies date back to antiquity, with rather slow progress until the late Middle Ages. Important examples of early to medieval European technology include the water wheel, the horse collar, the spinning wheel, the three-field system (after 1500 the four-field system—see crop rotation) and the blast furnace.
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.
A 2024 BCG survey found that 46% of large companies reported mid-to-high levels of GenAI maturity, compared to just 28% of mid-sized firms. With greater access to talent, data, and capital, larger ...
An axe made of iron, dating from the Swedish Iron Age, found at Gotland, Sweden: Iron—as a new material—initiated a dramatic revolution in technology, economy, society, warfare and politics. A technological revolution is a period in which one or more technologies is replaced by another new technology in a short amount of time.
Technological change (TC) or technological development is the overall process of invention, innovation and diffusion of technology or processes. [1] [2] In essence, technological change covers the invention of technologies (including processes) and their commercialization or release as open source via research and development (producing emerging technologies), the continual improvement of ...
3. Loews Hotel 1000 in Seattle. Average price per night: $223 When Loews Hotel 1000 Seattle opened in 2006, it led the way in hotel technology by introducing a high-speed network for smart systems ...
Recovering them would make the U.S. far less reliant on China, which has much of the world’s stores of such materials used in computers, cellphones and other high-tech devices, according to ...