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The great advances in technology in industrialized societies has radically transformed the face of our planet, for good and for bad. Artificial fertilizers ensure high-yielding crops, polio and other diseases have been defeated, and we are conquering outer space. There is an increasing standard of living and people seem to be better off than they have ever been before. But technological progress has also brought with it unforeseen consequences. Unemployment is increasing among many in our society because firms may not consider it cost-effective to retrain the less-educated and older employees.In this era of increased technological advances, labor is being replaced by knowledge especially at the lower end of the economic spectrum. The technology revolution has eliminated many jobs and continues to eliminate jobs at a rapid pace. We may not have sheep sheering robots as of yet, but advances in research have come up with an injection of natural protein that causes sheep to shed their wool. The pace of the present technological revolution is also far more rapid than any of the fundamental shifts of the past. The shift of labor from
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Approximate Word count = 769
Approximate Pages = 3 (250 words per page double spaced)
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