Technology refers to the tools and methods humans use to manipulate their environment. Historically, technological progress occurs mainly when a new need is identified and an existing technology is combined with it to meet that need. This process is often very iterative, as the various components of a new technology are developed piece by piece. For example, the jet engine that was a major breakthrough in aerospace technology was built from earlier technologies such as compressors and turbines.
Technological progress can have both positive and negative effects on our lives. Some of the most notable benefits have come from advances in medicine and healthcare, such as the Covid-19 vaccine which helped save millions of lives. Other examples include the development of tracking technology, which allows companies to locate and identify individual pieces of equipment, as well as virtual reality which transports people into computer-generated worlds.
Another area where technology is having a profound impact is in education. Schools and teachers are utilizing the latest in technology to keep students engaged in their learning. For example, they are using tablet devices, VR/AR, and touchscreen boards to help make lessons more interesting and fun for students, which in turn leads to better academic marks.
However, it is important to remember that there are some dangers of over-reliance on technology, and that it is important to have a balance between innovation and public welfare. This balance is largely up to governments, which must regulate technology to ensure it is safe and effective for all.