Technological Progress Cost

A Technological Progress Cost is a negative societal impact that arises from technological advancement and innovation.

• Context:
  • It can typically include Technological Progress Cost Unemployment from workplace automation.
  • It can typically manifest as Technological Progress Cost Social Disruption in affected communities.
  • It can often encompass Technological Progress Cost Environmental Damage like industrial pollution.
  • It can often involve Technological Progress Cost Inequality Increase between technology adopters and non-adopters.
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  • It can range from being a Short-Term Technological Progress Cost to being a Long-Term Technological Progress Cost, depending on its technological progress cost duration.
  • It can range from being a Localized Technological Progress Cost to being a Global Technological Progress Cost, depending on its technological progress cost geographic scope.
  • ...
  • It can necessitate Technological Progress Cost Mitigation Policy by governments and institutions.
  • It can influence Technological Progress Cost-Benefit Analysis in innovation decisions.
  • It can shape Technological Progress Cost Public Perception of new technologies.
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• Example(s):
  • Historical Technological Progress Costs, such as:
    • Industrial Revolution Technological Progress Cost, including urban squalor and worker exploitation.
    • Nuclear Technology Technological Progress Cost, involving radiation risks and weapons proliferation.
    • Automobile Technological Progress Cost, creating air pollution and traffic fatalities.
  • Contemporary Technological Progress Costs, such as:
    • AI Technological Progress Cost, including job displacement fears and privacy concerns.
    • Social Media Technological Progress Cost, involving mental health impacts and misinformation.
    • Gig Economy Technological Progress Cost, creating worker precarity and benefit losses.
  • ...
• Counter-Example(s):
  • Technological Progress Benefit, focusing on positive gains not technological progress cost burden.
  • Natural Disaster Cost, arising from environmental events not technological progress cost innovation.
  • Economic Cycle Cost, stemming from market dynamics not technological progress cost advancement.
• See: Technological Advancement, Negative Externality, Social Cost, Creative Destruction, Technology Assessment.

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