The greatest truth of life now is that we feel the essence of technology everywhere we go. It is present in each and every aspect of life. It is there in our cars, at the supermarket, in our phones, at the office of the doctor that we visit so often. However, there is no effect on our paychecks as such, especially in cases of professions such as weavers. We all work in a different manner, we create things in a different way, and our ways of entertaining ourselves are quite different as well. All this has happened because of the way technological developments are taking place.
Stagnancy in wages
The revolution in personal computers is a comparatively-new phenomenon considering how it has started only a few years back. In spite of this supposed revolution the median wages have remained the same. There has not been much movement in that regard. In the last 200-odd years technological developments have contributed to around 1000 per cent increase in wages. However, there are still some people who are saying that technology has been a bane to many, specifically the middle class and the jobs that they specialized in. It has contributed to a future where economic inequalities are expected to rise.
How to solve this situation?
Most people are under the opinion that wealth needs to be redistributed for these discrepancies to come to an end. The question that needs to be asked in this case is that are we really facing a turning point in history. Experts are saying that perhaps not. They feel that the present is not that much different from the past. If you take a look at history you would see that all throughout whenever new technology has come into being it has always led to stagnancy in earnings that has led to rising levels of inequality.
The instance of Industrial Revolution
In fact, the same thing happened during the Industrial Revolution as well. This is striking when you consider the fact that it happened during the early part of the nineteenth century. When the wave of electrification hit the world during the latter part of the same century the same thing happened as well. It took several decades for the pattern to be reversed. It was then that lots of workers were eventually seeing a significant increase in their wages owing to the usage of new technology.
How is the situation today?
The situation is obviously quite different right now, as it should be. Thanks to information technology the work done by white-collar workers has now been automated. These days, change is happening at a lot quicker pace. However, the workforce still faces the same key challenge that it did all those years back. As had happened then, whenever any new technology is implemented now a large number of workers have no option but to learn the same. As surprising as it may sound, people are finding it really hard to learn things and that has meant a slow rate of learning.
The importance of learning
This is a critical scenario considering how it is learning that can help these people earn well and do so quickly. It is important that the workers of today – especially in labour-intensive industries such as weaving – learn the new skills and technology quickly enough. It is only then that they would start getting the benefits of new technology. Quite often when people think of technology the first thing that comes to their mind is the first version of the same technology. However, in actuality, technology develops over a significant span of time.