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Is Technology Going Too Wild? - Part 3

Could the money be better spent?

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Posted by Pritesh Ganatra on 24/05/2022 @ 8:00AM

In the final instalment of this series, I am having a look at non-business-related technology and offer my personal views on why I think we need to reassess where the world is heading in terms of inventing useful technology ...

Technology has its uses, but I do not agree with developing stuff that does not sort out the issues we have now!

Technology has its uses, but I do not agree with developing stuff that does not sort out the issues we have now!

copyright: wikiimages / pixabay


In the last couple of weeks, I have been reading with interest about all sorts of technological breakthroughs in the financial, medical and space industry sectors. There are some really amazing advances happening right now.

"What's going on In the financial sector?"

Digital banks like Tide, Monza and Starling have no high street presence at all. The account is app-based with a whole host of features for the small business arena. However, in most cases, there is a tie-in with The Post Office for those awkward moments when a client still pays you by cheque or even cash so you can deposit into your account, other than that, you just need your mobile phone.

The pros are that you can apply online and open an account in minutes (subject to status and security checks). If you get being paid in cash or cheque then some of these banks have agreements with The Post Office to deposit payments into your account. Starling even has a mobile cheque deposit facility for cheques up to £500.00, just take a photo and upload to the App.

Personally, the biggest con is that I still like to have a relationship with my bank. It's difficult to have that personal touch just through your smartphone. There are, on occasion, times you want to go in and see your Business Manager or for them to come and see you to discuss other matters such as funding and how the bank can help you expand your business.

In short, there is a huge battle for your money and a drive to develop more convenient online, but less personal systems to disrupt the way in which save and pay for everyday life.

"How about In the medical world?"

I have recently come across CRISPR-Cas9, which has been developed by scientists and is a smarter way of identifying and repairing faulty strands of DNA. We have made it our mission to rid the human population of diseases, especially cancers.

I understand that we want to live a long and fulfilling life, but we are only humans and nature will adapt as quick as our technology advances to restore the status quo.

"And what about space?"

In terms of space, we all know about the big three hitters apart from NASA who are now spending BILLIONS of dollars in the race to develop commercial space travel. The new (and old) money that is Elon Musk, Jeff Bezos and Sir Richard Branson have all launched rockets in the past couple of years and taken celebrities into orbit and back with great success.

Whilst all these technologies are, and will be, invaluable to the minority of the population (in percentage terms of the circa seven billion population), the controversy in all of this is that we still have vast majorities of human beings around the globe who are impoverished, starving and have little or no access to education or clean water.

If you take into account the daily advertisements asking for regular monthly charitable donations, the constant images of unclothed children starving, the countless number of homeless still on the streets around the world, or the millions displaced by war and poverty, it makes me wonder why we do not spend those billions of dollars on more useful activities.

"Lets eradicate human suffering!"

Yes, tech has its uses, but personally, I do not agree with developing stuff that does not sort out the issues we have now. There's no point living on Mars when we can't even look after the one planet that we were given.

Until next time ...




PRITESH GANATRA

 
 



Would you like to know more?

If anything I've written in this blog post resonates with you and you'd like to discover more of my views about technology, it may be a great idea to give me a call on 01604 926100 or take a look at my website which you can find here.

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About Pritesh Ganatra ...

 

The word 'Technology' has too many connotations in today's world!

Where do we start? Simple terms like 'IT' and 'Telecoms'? or terms that appear NOT to have an actual meaning at all!, e.g. 'Internet of Things (IoT).

Technology also encompasses specialist products and services like 'Rugged' and 'Tough' android devices, Lone Worker Software, panic alarm devices, smart energy devices, low energy lighting, credit card terminal (PCI DSS) security, indoor/ outdoor Wi-Fi systems, Ultrafast Gigabit internet connectivity, access control systems, industrial IoT circuit controllers.

BTS UK can consult from simple solutions to the most complex, provide some of the products through a wholesale channel, bring together a multi-disciplined 'Task Force' to deliver and implement complete Technology 'projects'.

I am your technology problem solver and I look forward to helping you.

Telephone:

01604 926100

Website:

https://www.btsuk.net