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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 ...
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.
The period of expansion is associated with the introduction of a new technology, e.g. steam power or the microprocessor. At the time of publication, Kondratiev had considered that two cycles had occurred in the nineteenth century and third was beginning at the turn of the twentieth.
The technological singularity—or simply the singularity [1] —is a hypothetical future point in time at which technological growth becomes uncontrollable and irreversible, resulting in unforeseeable consequences for human civilization.
The Information Age [a] is a historical period that began in the mid-20th century. It is characterized by a rapid shift from traditional industries, as established during the Industrial Revolution, to an economy centered on information technology. [2]
Compensation effects are labour-friendly consequences of innovation which "compensate" workers for job losses initially caused by new technology. In the 1820s, several compensation effects were described by Jean-Baptiste Say in response to Ricardo's statement that long-term technological unemployment could occur.
In addition, LG Technology introduced a mosquito-repellent television in India last year. Once triggered, the product's Ultra Sonic gadget drives away mosquitoes. Further, increasing government and health authority awareness of the need to eliminate mosquito-borne diseases also adds to the market expansion in this region.
The strategic effects are due to the possibilities, afforded by communication technology, to selectively communicate or enact particular aspects of identity, and disguise others. SIDE therefore sees the social and the technological as mutually determining, and the behavior associated with particular communication forms as the product or ...