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Driving Forces of Technological Change
Driving Forces of Technological Change
Driving Forces:
1. Advancements in technology:
i. Technological advancements often drive change by introducing
innovative solutions and opportunities.
ii. New technologies can enhance productivity, efficiency, and
convenience, leading individuals and organizations to adopt them.
2. Economic incentives:
i. Economic benefits can be a significant driving force for
technological change.
ii. Companies may adopt new technologies to gain a competitive
advantage, reduce costs, or create new revenue streams.
iii. Governments may also provide incentives such as tax breaks or
grants to encourage the adoption of specific technologies.
2. Workforce adaptation:
i. Resistance to change can arise from concerns about job
displacement or the need for retraining.
ii. People may resist the adoption of new technologies if they fear
that automation or AI could replace their jobs or render their
skills obsolete.