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These technologies create new products; most of them also change the way people in society interact. These technologies have a tremendous impact on our monetary resources. Some of the technologies which are having the greatest effect on the economy are: robotics, automation and computerization.
Robotics: Artificial Intelligence
Although robotics have a well-established position in the Japanese industry, it has not, so far, turned out to be what many experts thought it would...
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Businesses in the United States and Europe have not embraced industrial robots at nearly the rate of the Japanese, and other more consumer oriented versions are very much in the development phase. Even so, industry sources believe that the use of robots to make clothes and other consumer goods will be common by the turn of the century...
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