The Changes in Mankind Caused by Technological Innovations
Technology has had big effects on the way human beings carry out their daily activities Effectiveness and reduction of the workload is a major objective of scientists and specialists. Terence Mills has built eight companies that have a corporate strategy to trigger digital transformation. The work and social aspect of mankind have experienced positive impact due to artificial intelligence.
Simplicity is tailored by complex algorithms that run in software accessed by common and sometimes computer illiterate individuals For example search predictions in the google search engine that are usually according to the users search history is an example of how artificial intelligence simplifies life Tasks that are beyond man’s capabilities are easened by the use application of robotics . In companies that develop products that require detail and precision, there are robots that have embedded operating systems that carry out these time consuming tasks This has increased production hence the expansion of companies in the 21st century
The internet is the avenue that most people are choosing to do business. This is as a result of speed and unlimited availability that the internet guarantees. The effects of this is the recognition of security and protection as a vital factor. A solution guaranteed to work now and in the future is a web based application that comes with all the segments of commerce together. Alio is a good example that digitalises all business categories Examples include fund accounting general ledger, budgeting and salary administration.
Technology has had very good effects on the social architecture of human beings The internet has contributed very much to globalization by the use of social media This allows users to communicate easily with others worldwideThe use of crypto currency such as Bitcoin has created a global market that allows trade between users worldwide with it being independent of economic factors
Companies have opted to use corporate digital strategy to interact with their customers Before, companies required the customer to be physically present at the time of service delivery These transactions took a lot time leading to long queues and a lot chaos . Large losses to the companies occurred often because the workers were prone to making simple but significant mistakes. The procedure has however been simplified by the use of internet applications that promote order The use of internet applications also reduces the amount of funds that are used to advertise company products The company is able to reach their client without having to send mail to them
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