It is an ongoing social cycle, connecting billions of people at the same time in a single instant. However, as the rate of online communication increases, real face to face interaction decreases. In his article “Negative Effects of Technology on Communication” Milton Kazmeyer, a freelance ...
Over time, however, more and more will find it profitable as the cost of the technology decreases, quality improves, information about the technology becomes more widely available, and existing equipment stocks depreciate. The longevity of much energy-using equipment reinforces the importance of ...
Thoughts on EHR According to a report put out by the FBI, cybercriminals sell EHR information on the black market at a rate of $50 per record, compared to $1 for social security numbers or credit card information. Why are they more valuable? Because theft is more difficult to detect. Cr...
If by some miracle you have been living off the grid without internet for the last decade, then you might wonder what social media is. But to the rest of the readers, you use a range of social media platforms directly and by association. Nevertheless, defining this media as a tool for ...
Special thanks to McKinsey Global Publishing colleagues Barr Seitz, Diane Rice, Kanika Punwani, Katie Shearer, LaShon Malone, Mary Gayen, Nayomi Chibana, Richard Johnson, Stephen Landau, and Victor Cuevas for making this interactive come alive....
Like any other serious addiction, technology addiction can have detrimental effects on the addicted individual's personal and professional life. As the amount of time devoted to tech activity on the internet or usingsocial mediaincreases, time spent on other things decreases. This can negatively impa...
[266]. The unit cost of a technology decreases with increasing diffusion of the technology into the market. As a result, new technologies, although more costly at the outset, may become cost-effective over time with sufficient dissemination. In energy technologies the unit cost is often ...
AI Decreases the Cost of Medicines Development On top of that, AI is also helping to decrease the cost of developing new medicines. In the past, developing a new drug could take up to 15 years and cost billions of dollars. However, with the help of AI, that time can be reduced to ju...
It compels relative motion to only the desired movement, and it decreases friction between two moving parts. This is the reason bearings are called ‘small machines.’ Without them, it would be impossible for a car to move nor any machine to operate. Basically, the movement of a machine ...
printer maximizes income to the owner as they most operate at a flat rate despite the varied number of orders or pieces sought. The digital fabric printer’s screen is made to allow it to be used for infinite times which mean that as outputs increase the price per unit decreases ...