Technological advancements can widen disparities from "summary" of The Haves and the Have-Nots by Branko Milanovic
Technological advancements have the potential to widen disparities between different groups of people. This is because those who are already well-off and have access to the latest technologies can benefit the most from these advancements, while those who are less privileged may be left further behind. In the modern world, information and communication technologies are becoming increasingly important. Those who have access to these technologies can connect with others, access education and information, and even work remotely. This can offer them opportunities to improve their lives and increase their income. On the other hand, those who do not have access to these technologies can be left at a significant disadvantage. They may not be able to access the same opportunities for education or work, which can perpetuate their poverty and marginalization. This can create a cycle where the rich get richer and the poor get poorer. Furthermore, technological advancements can also lead to the automation of jobs. This means that certain types of work may become obsolete, leaving those who were already struggling to find employment in an even more precarious position. At the same time, those who are skilled in using and developing technology can benefit from the new job opportunities that are created. In this way, technological advancements have the potential to widen disparities between different groups of people. While some may benefit and improve their lives, others may be left further behind, exacerbating existing inequalities. It is important to consider these dynamics when thinking about the impact of technology on society and how to ensure that everyone can benefit from advancements in the future.
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