Technology can be said to be basically the application of information for the building and development of devices and equipment that can be used in a lot of different ways. Today technology is now a very integral part of the day-to-day life for each and every one of us.

Technology is moving at an incredible pace. we live in an amazing era where things like autonomous cars, personalized medicine, and quantum computing are becoming real as we speak. Artificial Intelligence, cryptocurrencies, advanced automation, deep learning, and concepts like universal basic income are about to reshape our world.

Technology, the application of scientific knowledge to the practical aims of human life or, as it is sometimes phrased, to the change and manipulation of the human environment. Innovation is creating new value and/or capturing value in a new way. Technological innovation is the process where an organization embarks on a journey where the importance of technology as a source of innovation has been identified as a critical success factor for increased market competitiveness.

The relation between technology and innovation

Technology, in particular, is a powerful driving force in innovative capacity, particularly as it pertains to both the evolution of innovations and the way they proliferate. Technology is innately scalable, demonstrating a consistent trend toward new innovations as a result of improving upon current ones. Innovation can be intangible as opposed to technology which is tangible.

We can even apply the innovation process to our everyday life. Technology can be used to implement innovation but the technology itself doesn't produce innovation. Technology is one outcome of innovation, not a necessary ingredient. Sometimes innovation delivers new ways of doing things that have absolutely nothing to do with technology.

Importance of technology

Technology is very important because it is used for almost everything and like everything. Technology has the ability to enhance relationships between teachers and students. Technology helps make teaching and learning more meaningful and fun. Students are also able to collaborate with their own classmates through technological applications.

Advantages

Technological innovations bring benefits. It increases productivity and brings citizens new and better goods and services that improve their overall standard of living. The benefits of innovation are sometimes slow to materialize. They often fall broadly across the entire pollution.

Innovation is important to the advancement of society as it solves these kinds of social problems and enhances society's capacity to act. These new technology products and services simultaneously meet a need and lead to improved capabilities and better use of assets and resources.

Disadvantages

Social media and mobile devices may lead to psychological and physical issues such as eye strain and difficulty focusing on important tasks. They may also contribute to more serious health conditions such as depression.

The overuse of technology may have more significant impacts on developing children and teenagers.

Over usage of technology damages the Brain system connecting emotional processing attention and discussion making. A new study links anxiety, severe depression, suicide attempts, and suicide with the rise in smartphones, tablets, and other devices.


Technology has made our society make it to the point of ignorance to the fact that there might be a day when our technology does not work and they cannot at the moment live without it. We have grown to rely on our technology to make our lives easier. If our technology were to go away our lives would be really tough for a while until everyone learned to live without it.