YES I THINK SO BECAUSE WE CAN DO SO MUCH ONLINE. LIKE WORKING, GOING TO SCHOOLTHIS IS LESS POLLUTION AND SAVING GAS. PAYING BILLS ONLINE LESS TRESS BEING CUT DOWN HOPELLY LESS PAPER BEING USED. ORDERING SHOPPING ONLINE AS WELL WILL ELIMINATE POLLUTION AND SAVING OIL.ECT.. SO WE CAN ADJUST OUR LIFESTYLES THINKING ABOUT HOW TO TREAT MOTHER EARTH BETTER, YEAH TECHNOLOGY CAN SAVE THE ECONOMY. BUT THE QUESTIONS IS WILL MANKIND USE THE TECHNOLOGY TO SAVE THE ECONOMY?
I must answer that with a definitive yes (and no). There's been examples where technology has "saved the economy" in the past, for example JFK's "put a man on the moon" program, and its incredible technological spin offs, including solid state computer chips.
More recently, we had Ronald Reagan and his "Star Wars" defense programs of the 80's, which pumped computer technology up yet even more, wiring defense department computers together through a network - an internet (originally a DARPA program).
Both of these technological developments (and many more that spun off through these massive government R&D programs) spawned incredible wealth here in the United States. And given the government is about to "invest" trillions of dollars towards improving our economy this year, one might think the time is right to invest in R&D again.
So you asked, "Can technology save the economy?". Given history, I'd have to say it could. However, it appears that our government is spending trillions of "stimulus" dollars in a broad, geographically "even" fashion, "spread around" the entire country. And there doesn't seem to be any real goals, other than to spend of course.
Alternatively, concentrated R&D often focuses in centralized locations, such as Los Alamos, Cape Kennedy, etc. And it has goals.
It still may not be too late to somehow slip in a visionary goal. A 100 MPG, 4 passenger car within 5 years? A 90% efficient solar panel?
Either of these developments would go a long way to reviving our economy. Will they happen, or will our money be spent on a bridge to nowhere?
To: MNichopolis, dude i totally agree with you.. thats was a perfect answear. Awesome..
No. Technology is not a magic cure for overpopulation and increasing stupidity. We are in a downward spiral of human DEVOLUTION.
Energy, including oil, is necessary for technology. Simple math, which is beyond most people, indicates that if the energy cost to get energy exceeds what you get, you are in deep doodoo. The only thing that will "save the economy" is a drastic DEPOPULATION! We're going out with a bang or a whimper. Just a question of which happens first.
by Evan G Rogers 6 years ago
Evan Rogers here with another breaking story about how we're all doomed because our leading economists are all bozos.Here's Joseph Stiglitz making the case that technology causes unemployment, and was a major factor in the Great Depression.http://www.vanityfair.com/politics/2012 …...
by jiberish 9 years ago
http://www.washingtonpost.com/wp-dyn/co … 01900.htmlIn this Washington Post article it says that two-thirds of the stimulus went toward tax cuts, fiscal aid to states, and expanded unemployment benefits and food stamps. The stimulus also went to the $3 billion in National Science Foundation...
by lsgondane 6 years ago
Do you think technological breakthroughs and developments are helping mankind ?How is scientific inventions and discoveries effecting mankind, in a positive or a negative way.
by Grace Marguerite Williams 4 years ago
The 20th Century was a period of great contrasts. There were scientific and technological inventions which guaranteed a very high standard of living. There were also great humanitarian endeavors for the benefit of humankind. In congruence with that, there were the most abysmal and...
by Simone Haruko Smith 6 years ago
Hullo gorgeous Hubbers!We've got some new developments in our bracing Hub re-design saga! The new Hub design we rolled out on Hubs within the Technology Topic was a resounding success- much more so than the first re-design we tested on Hubs within the Fashion and Beauty Topic. We are now subjecting...
by Linda Chechar 7 years ago
Are you a spender or a saver?I was a spender, but am now a saver--was forced into that mode by the economy. It was just never in my nature to squirrel away money for a rainy day.
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