Development of Technology

Over the past decades, the world has witnessed different changes that pull back hold of affected countries and continents. The representation economics activities and telephone line argon give birthed in the world poses challenges and opportunities. Technology is ace of those changes or development that has occurred over decades. In a musical mode, technology has changed any aspect of benevolent life. In generally, it has change the bureaus stockes is conducted. Now, people do not need to see face-to-face in former(a) to conduct bloodline.Businesses can be conducted at home, long distances, in plane and through online real-time. In the education and business environment, technology development has been major catalysts that influencing the way activities are conducted. However, book business is our major focus. In this paper, we are expiration to analyse the effects of technology development on book business in the next 10years. Through the past technology age or years, we could analysis effects of technology on businesses and nations. Technology has replaced the use of human in industries by machines or robots.Before the advent of technology into businesses human has been the chief(prenominal) source of labor for entrepreneurs but in the world today, it is apparent that machines confine taken over. Availability of saucily and old information has been made realizable through these changes or development in technology. Through this information, there comprise different options of communicating and performing tasks and jobs. Moreover, people now prefer to get information through the internet rather than getting it from its source (most sum the weighed down copy).People prefer to read book, novel and articles online rather than getting the hard copy to read. In a way, these have affected publishers, writers in the way they conduct their businesses. This has affected the rewards writers, editors and publisher makes from their jobs, since there works are publish online at a bowdlerized cost and most time they do not enjoy these rewards. In few years time, innovations of several types are to be expected. Precisely, in the next 10years new technologies would be introduced into the book business.These new technology provide add to the existing ways of conducting or doing the business and depart bring fundamental changes into the way book business exit be conducted. However, in 10 years time technology will continue to influence the book business in terms of advertisement, gross sales and production. The effects of technological development will either be dictatorial and ostracize. For instance, it will reduce the number of people that will be utilize by industries that produce books.This in its own way will adjoin the unemployment rate and leads to decrease in standard of living of people. This is an example of the negative consequences that will be caused by development in technology. On the other hand, it will inc rease profitability of those in the business. Since, the workability of book business will require few amount of finance. Therefore, cost of production will reduce since there is an innovative way of organizing the business, consequently leading to increase profit.In conclusion, in years to come various innovations will evolve in business and determine the way business will be conducted. Technological developments have continued to influence the way we live, conduct business and carrying out jobs. However, in the book business technological development will poses different opportunities and challenges in future. In other to be able to cope with this challenges and opportunities, investors, writers and publishers should put measure in place that will be capable of withstanding the pressure.ReferencesYli-Renko H., Janakiraman R., (2008). How Customer Portfolio Affects current Product Development in Technology-Based Entrepreneurial Firms. Journal of Marketing, saturation 72, figure of speech 5. American Marketing Association. http//www.marketingpower.com/AboutAMA/Pages/AMA%20Publications/AMA%20Journals/Journal%20of%20Marketing/TOCs/summary_sept_08/howcustomer_jm_0908.aspxHorte S. A., Lindberg P., (2007). Performance effects of human and organisational development and technological development. International Journal of Human Factors in Manufacturing. Volume 4 Issue 3.IBM, (2008). IBM Reveals Five Innovations That Will Change Our Lives in the neighboring Five Years. Technology Hi Tech. Physorg.com. http//www.physorg.com/news146852022.html