How Does Technology Affect Our Economy?: Is Technology Helping Or Hurting Employment?

New inventions of technology have employed tons of workers and created many types of jobs, but they also take people out of jobs in many circumstances. Machines have taken the place of workers but certain types can also create jobs. For example, as the auto business changed, the employees had to learn new skills or change jobs depending on the situation. New innovative technology can increase the number of jobs available, but in most circumstances technology has taken the place of a majority of jobs in certain areas. The wireless industry has employed thousands of workers for the App business, which is one way that technology has helped the economy. A growing business has the potential to increase the number of jobs available, which balances out the shortage of workers due to new machines.