Technology is a tool for change and manipulation of one’s environment. It can be either tangible, like utensils or machines, or intangible, such as software. It is applied scientific knowledge to practical aims, such as a new way of doing something or even changing the world. Unlike science, which focuses on universality and necessity, technology considers contingencies and constraints.
As a result, it must prioritize some routes and ends over others. This may involve reducing the efficiency of some routes or even discarding them completely. Often different technologies compete, and the best one wins by prioritizing what people want. When digital cameras became popular, for example, analogue photography pathways were deprioritized and replaced by digital ones.
Another important aspect of technology is the cost. For example, a certain technology might require a huge amount of money for its initial development and then maintenance. It also might be very expensive to train personnel to sell, operate, and occasionally repair it.
But despite its drawbacks, there are many advantages of technology. For example, it allows us to perform tasks much faster than humans, and it also ensures better accuracy. Additionally, the use of technology in medicine and agriculture has made it possible to create new medications and vaccines that cure incurable diseases. In addition, digitisation and modernisation has enabled companies to communicate with clients around the world without any difficulties. This also reduces their expenses and helps them stay competitive.