How far is it acceptable for technology to be used only for financial benefits?

? The inexorable development of technology has undoubtedly end up being an important part of our lives. Seemingly, we typically include technology practically in every aspect of our lives. As an outcome, service in innovation location seems extremely luring for the majority of people as they can potentially produce a great deal of make money from this field. Thus, a growing number of individuals begin to purchase it. Nevertheless, as people are getting enjoyed profit maximisation, issues concerning ethics and social welfare start to develop from innovation.

Some argue that the usage of technology only for financial benefit is acceptable since such advantage can be redistributed to the less fortunate ones to enhance their welfare. However, others claim that it is inappropriate to do so since individuals, most of the time, may pursue such benefit at the expenditure of others. I, personally, am more inclined to the latter stand as the sole usage of technology for financial benefit will deal a deadly blow to the international society.

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It is acceptable to utilize innovation for monetary benefit only since it can indirectly contribute to the social welfare. This is since a few of the revenue acquired from the selling of such innovation is used to assist those in requirement. Thus, money made is, in a way, rearranged to the poor to boost their welfare. A case in a point is the Gates Foundation in which Costs Gates, the creator of Microsoft, channels some of his revenue from his organisation in the computer field to develop this structure to empower the clingy to lead a better life.

his is clearly undesirable because every individual can have reasonable salaries and delight in conducive working environment. Thus, making use of technology only for monetary benefit is still undesirable, regardless of such benefit that might be used to help the last and the least, if some groups are being intensified off while doing so. In addition, focusing only on financial benefit when we harness innovation will make technological advancement shifts towards the favour of rich individuals only.

Rich and poor people certainly have different kind of needs; while the rich aims, mostly, for self-enhancement, the poor are still struggling to survive. Hence, since the rich's demand seems to be more lucrative for many investors because self-enhancement, like plastic surgery, is indubitably extornionate and, hence, generates a lot of profit, they will just invest their money for technological development in this area. As a result, more

rudimentary aspects of technology, such as the mass production of food using food technology, are neglected. The poor will then suffer even to a greater extent than before. Another concern from this shift is that the widening of chasm between the rich and the poor will be more pervasive. Such result entails even worse implications in our society as social unrest may occur. Hence, given the dire consequences of the ill-use of technology, utilisation of it for financial benefit solely is unacceptable.

Finally, the sole use of technology for financial benefit may corrupt our intrinsic values and virtues as human beings. Paradigm shift on our attitudes towards technology -more accepting and dependent - has made commodification of technology more successful. Thus, more and more people are focusing in this area and if their only goal for the use of technology is on monetary reward, they will do anything to its commercialisation to be even more successful. This includes the addition of elements in the technology itself to allure more people to use it.

Unfortunately, those elements sometimes blemish our values as responsible humans. A case in a point would be the advent of violent video games (gaming technology) that distort the values of people, especially the teenagers and children. If they are exposed by the wrong principles throughout their stages of life, they will, most likely, not grow to people whom the society wants them to be. Hence, since the use of technology only for financial benefit results in such a case, I believe that it is unacceptable.

In conclusion, it is unacceptable if technology is only used for financial benefit because others aspects concerning global welfare are most likely to be neglected. Therefore, a holistic approach should be adopted in harnessing the technology, so that multifarious fields in human lives are benefited. Hence, "technology is a social product" encapsulates the essence in the usage of technology as it should act as a representation of the fundamental needs of our society.