Abstract

Rapid technological advancement provides a major potential to fulfill the agenda 2030 and the 2030 Agenda For sustainable development. Technological breakthroughs can help to eradicate poverty, monitor environmental sustainability key performance indicators, enhance food security, promote resource efficiency and effectiveness, enable deep structural transition, support social integration, combat ailments, and enhance access to higher education. Technology advancement also creates new policy problems, threatening to outrun authorities' and society's ability to respond to the changing brought about by new technology. Automation may have an uncertain and possibly detrimental effect on the economy, profitability, internationalization, and competitiveness. In that regard, this paper will focus on the technological changes in the field of science. The paper will start on an analysis of the effect of fast technological development on global disparities, then literature survey before evaluating the technological changes in science.

Highlights

  • High-tech development methods may exacerbate disparities, and this dynamic is amplified in low-income nations

  • Because non-wealthy nations have more people than affluent ones, expanding these goods outside the nationwide marketplace may create a novel competitiveness base. While these businesses innovate for conventional reasons, they help a group of people who are just not usually the focus of high-tech enterprises in the global North

  • Some people are concerned that the Fourth Industrial Revolution may remove many of the new employment generated in poor and middle-income nations in recent decades. This is due to the fact that industrial and service occupations are being reintroduced with much smaller worker forces, necessitating higher skill levels

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Summary

INTRODUCTION

High-tech development methods may exacerbate disparities, and this dynamic is amplified in low-income nations. Finding the means to engage in scientific knowledge is a tough job, and poor educational institutions stymie efforts to attain greater levels of performance Another opportunity provided by globalization is the rising middle class in developing countries. Because non-wealthy nations have more people than affluent ones, expanding these goods outside the nationwide marketplace may create a novel competitiveness base While these businesses innovate for conventional reasons, they help a group of people who are just not usually the focus of high-tech enterprises in the global North. Some people are concerned that the Fourth Industrial Revolution may remove many of the new employment generated in poor and middle-income nations in recent decades This is due to the fact that industrial and service occupations are being reintroduced with much smaller worker forces, necessitating higher skill levels. This paper has been organized as follows: Section II reviews the relevant literature texts; Section III presents the critical analysis of the research while Section IV concludes the paper

LITERATURE SURVEY
CRITICAL ANALYSIS
CONCLUSION
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