Essay on Impact of Technology and Improved Transportation of Information

Essay on Impact of Technology and Improved Transportation of Information

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Impact of Technology and Improved Transportation of Information


Today, we are in the midst of a continuing technological communications revolution that is unprecedented in world history. The computer has contributed greatly to this, for with such newer technology as computer linkups, often by way of satellites, information is available almost everywhere in the world virtually instantaneously, in seemingly unlimited amounts, and at a low cost; that is planetary access has been achieved. In this sense, communication, abetted by better transportation of information, is continuing to make different parts of the earth’s surface more similar to each other, but now on a world rather than a national scale. These developments are likely to bring profound changes to our economies and our lives; they certainly have already made transnational corporations possible, where decisions that affect many parts of the globe are centralized in a relatively few huge corporations. The headquarters of such firms, in turn, are disproportionately concentrated in a few of the largest metropolitan are...

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