Friday, May 1, 2015

Tech News | Technology and its Social Impact

Technology has made things a lot, lot easier. We can shop, find a place for dinner and book next years vacation all from our phone within minutes. Technology has also played a pivotal role in advancing society as a whole. Health care equipment has become more advanced, eco friendly cars has made the world greener, and our streets are now safer with the increases in surveillance and security systems.

So, technology has done a lot, but is it doing enough to give back?

This dilemma is evident across industries and occupations. Unfortunately, company success is often measured by its return to stockholders instead of the value it creates for its customers or the social good it provides. Non-profits seem to have this aura surrounding them that they are worth less than stock giants, but in reality, businesses of all shapes and sizes, regardless of their revenue strategy, are responsible for creating a better tomorrow.

That's why I love the startup community and the role entrepreneurs have in changing the world. Startups tear down the traditional models of business by disrupting processes. They build solutions that are more efficient, effective, and they aim to make the world a better place.

It will be interesting to see the innovations that come to light within the next 5-10 years. Social injustice, global warming, and poverty have not only plagued our economy, but the economies of nations around the world. Entrepreneurs now have access to the resources that could help us push through to a healthier, deeper understanding of the world.





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