Technology and the Economy

Technology has had both a postive and negative impact on the economy. It has helped the economy because more technology = more jobs. YouTube and Blog websites are creating more jobs for people. Advertisers have made a fortune off online advertising, and internet advertising is only growing, thus creating more jobs. Also, Job sites such as "Monster" has helped people find more jobs, there are more jobs being created online because of newspapers and magazines going electronic. On the flip side, because newspapers and magazines going electronic, people working for these print companies may also lose their jobs. Identity theft is a lot easier to accomplish with the development of technology over the years. Therefore, technology has had both positive and negative impacts on the economy.