What are the pros and cons of today's technology? (2024)

At present,over60% of peoplehave access to the internet,6.5 billion peopleown a smartphone and more than2.14 billionmade at least one online purchase in 2021. These are just three examples that show how far the development of modern technology has come, andhow our way of life has changed.

But, does it empower us as a society, or on the contrary, does it make us more vulnerable? In this article, we investigate thepros and cons of technology.

Pros of technology

Technological innovationhas boosted human well-being. Indeed, in the last 70 years, technological advantages have given humansthe ability to live relatively comfortably within society. Here are some of the most notable advantages.

Quick access to information

Democratising access to information is undoubtedly one of the greatest advantages of technology. Today, some6.3 million searchesare conductedper minute on Google, a staggering fact that demonstrates the great thirst for knowledge out there, and which can be satisfied using smartphones that are able to access the internet from anywhere.

Facilitated learning

Some49% of students worldwidestated that they had taken an online course in the last 12 months. The ease of access to online learning letsanyone train in anything they like without leaving their home.

Moreover, according toa studyconducted by the Economist Intelligence Unit, 90% of leaders in the education sector say thatstudents are more imaginative and creative thanks to technology, as well as 80% more productive.

Breaking the distance barrier

That technologyhas revolutionised the way we communicateis undeniable. A case in point is that, during the Covid-19 lockdowns, in Spain alone,8 out of every 10 citizens between 18 and 65 years old(79.53%) relied on video calls as a way to stay in touch with friends and family. A clear example of how technology has broken down distance barriers.

Simplifying tasks

Technologyturns tedious or complex tasks into interesting and simple ones. What's more, in recent years, automation and artificial intelligence have simplified tasks even further, making our day-to-day life easier. One simple example are robot vacuum cleaners, which are able to independently get on with cleaning our homes.

Providing entertainment

Another advantage offered by technology is theease with which we can access all manner of multimedia contentdesigned for entertainment. Today, video and audio streaming makes up70% of internet traffic, a figure that proves that the internet is one of the main sources of entertainment in the 21st century.

Increased productivity and efficiency

Modern technologyboosts productivityas well as the efficiency of human activities, asit allows us to perform tasks in less time. Meanwhile, thanks to the huge amount of information available,better decisions can be made, and human error reduced.

Increased life expectancy

Technology applied to medicine and healthcare has increased our life expectancy.According todatafrom the United Nations (UN), life expectancy in the 60s was 52.5 years while today, the average is 72. The Covid-19 vaccine is undoubtedly a good example of an advantage of technology, given that, for example, inthe United States it prevented 140,000 deaths and 3 million infections, a true milestone for science.

Creating new jobs

Despite what many people think,technology actually creates more jobs than it destroys. In the so-called fourth industrial revolution and by2025, technology will have created over 97 million jobs around the world. Additionally,these new jobswill be more fulfilling for humans, as automation takes over the most boring or repetitive work,freeing humans to be more creative and innovative.

Cons of technology

There's no doubt that technology offers many advantages. However, its improper use or collateral damage from its production means thatthere are also some drawbacks to technology.

Addiction

In recent years, many people have developedproblems with technology addiction. The SpanishNGO Protect Themhas revealed that 1.5% of citizens are already addicted to new technologies, while 21% of young people are at risk of 'getting hooked' on their mobiles. That's why it's vital to use technology properly, in order to fully enjoy all of its advantages.

Ethical dilemmas

The future of humanity seems to be heading towards what many movies have foretold: a society where artificial intelligence (AI) and robots play a major role.Just how far will these new technologies go? Will they be able to think or have feelings? Will they replace human beings?These are some of the ethical dilemmas that we will face in coming decades.

Dehumanisation

Another disadvantage of technology is that its improper use can lead to dehumanisation and foster social isolation. Ajoint studyby the Higher Technical School of Industrial Engineers at the Polytechnic University of Madrid and the Faculty of Psychology at the University of Oviedo confirms that excessive use of mobile phonesincreases social isolation and psychological maladaptation, and creates social conflict.

Pollution

Technological development involvescollateral damage that directly impacts the environment. Industrialisation has accelerated climate change, deforestation and the excessive consumption of raw materials, among other things. However, the very development of technology can solve this problem bycreating solutions that are more sustainableand environmentally-friendly.

Privacy

Did you know that, according to astudyby IDC research, every day there are some 350,000 malware attacks worldwide?The lack ofonline securityand exposure of sensitive datais another drawback when it comes to technology. Both companies and individuals are exposed to the dangers lurking on the Internet, because even when defensive measures are taken, they can fall victim to theft or data hijacking, causing major economic loss.

As you can see,the pros and cons of technology are very varied,but the benefits outweigh the drawbacks, given that the development of science and technology has allowed us to evolve as a civilisation.

In a world where technology is evermore present in our daily lives, having technological skills and abilities is vital, as this will allow you to develop a critical and realistic attitude towards the new technologies. As such,lifelong learningis the only way toempower yourself, making proper use and taking advantage of technological advances.

That's why,as part of this aim to boost employability and likewise help people to progress, overcome the challenges of the 4th industrial revolution, and grow in an inclusive and sustainable way, Banco Santander is committed to three key concepts:lifelong learning, reskilling and upskilling. To support this commitment, it has created the Santander Open Academywebsite, a unique and pioneering global programme.

Do you want to develop professional skills that will help you access better job opportunities? Discover Santander Open Academy, the training space you need to keep growing.

Join our global platform for learning and professional development and access courses at zero cost, training content in a wide range of formats and scholarships from leading universities and institutions.
If, like us, you believe that we should never stop learning, sign up here and find out what we have for you!

What are the pros and cons of today's technology? (2024)
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