A group of
individuals
present the view that modern
technology
is widening the gap between the rich and the poor,
whereas
others believe it is helping to reduce
this
gap. I strongly agree with the latter opinion, as
technology
, when accessible, has the potential to create opportunities for everyone.
On the one hand, some people justifiably argue that modern
technology
is increasing wealth inequality. One reason is that
access
to the latest
technology
is often dependent on socio-economic status, with wealthier
individuals
being able to afford cutting-edge gadgets and services.
This
access
gives them a significant advantage in education, work, and social mobility. They
also
present the sound argument that poorer communities frequently lack the infrastructure,
such
as reliable internet
access
, necessary to benefit from technological advancements,
further
perpetuating the gap between the rich and poor.
As a result
, technological advancements may disproportionately benefit those who are already privileged.
On the other hand
, another group of people claim that
technology
has been an equalizer by providing low-cost solutions that empower the underprivileged. They insist that digital platforms have democratized
access
to education and skill development, offering online courses and training that anyone with an internet connection can
access
.
Moreover
, innovations like mobile banking and e-commerce platforms allow
individuals
from lower-income backgrounds to enter financial and business sectors, previously dominated by wealthier players.
However
, I do not find the argument that
technology
is exclusive to the rich convincing, as there are numerous examples of
technology
helping marginalized communities gain
access
to resources and opportunities.
To conclude
, in my view,
while
technology
can potentially exacerbate wealth inequality, it
also
offers solutions that can bridge
this
divide when implemented inclusively. The high cost of tech products and limited infrastructure certainly hinder
access
for poorer communities.
However
, the increasing availability of affordable digital platforms and services provides the opportunity for lower-income
individuals
to benefit from
technology
.
Therefore
, proactive measures like infrastructure development and digital literacy programs are essential to ensure that
technology
serves as an equalizer rather than a divider.