Technology
has become an indispensable part of human life and continues to develop at a fast pace and has transformed many facets of life. Some, though, believe that sections of the population have not benefited from these advances so claim that technological development actually contributes to
income
inequality. I side with those who feel that the growth of
technology
has narrowed the gap between the rich and poor but primarily in the developing
world
. In developed countries, quite the opposite may be true.
On the one hand, it could be argued that the growth of
technology
to an ever-increasing gap in the
income
of people. A wide variety of
accessible to those living in the developed
world
, where
technology
has come a long way in the past few decades. People there learn to use computer technologies at an early age, which gives them an opportunity to create products or services that are used by the masses. Those who do so often make billions from the creation of a social media website.
Moreover
, it is said that the availability of
technology
is not equally distributed, which puts some groups of people at an advantage. Take my
for example
: Children studying in city schools have computers in the classroom while those studying in rural parts of my country have not even seen a computer in their life.
This
in children childrenSuggestion
in children
in children's children
in children's children's children
who grow up in cities
generally becomeSuggestion
has generally become
generally becomes
is generally becoming
computer-literate and are more likely to land jobs that are
paid in the future, which leads to a discrepancy in
income
.
On the other hand
, I believe there are arguments to suggest that
technology
is, in fact, narrowing the gap between the rich and poor. People living in the developing
world
have always found it hard to have access to education, but with the advent of the internet and smartphones, they are now able to get
from massive open courses online.
This
can be seen in the increase in the number of freelancers in most African countries. These people are now bettering their lives thanks to
technology
and the internet.
Furthermore
,
technology
is being used in agriculture more extensively, which helps farmers have a bigger harvest.
Instead
of ploughing the lands using mules or human effort, now they are using
technology
to speed up the process.
Similarly
, the use of drip
technology
for irrigation is particularly useful in places where there is a water shortage. These advances reduce the farmers’ costs, so they are no longer limited to mere subsistence farming. They are for the
first
time able to generate profits and compete in the global marketplace,
thus
achieving upward mobility.
To sum up,
although
technology
in the developed
world
is helping a few people become considerably more affluent than others, the vast number of people in the developing
world
is benefiting from the growth of
technology
in a number of ways.
Therefore
, on balance, I believe that
technology
is reducing
income
inequality.