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New Technology: Risks and Gains

Author

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  • Klimczuk-Kochańska, Magdalena
  • Klimczuk, Andrzej

Abstract

New technologies are often radical innovations that change current activities across different areas of social and economic life. At the beginning of the 21st century, some of these technologies are information and communications technology (ICT), nanotechnology, biotechnology, robotics, and artificial intelligence. These innovations stimulate new opportunities for the production, distribution, and consumption of goods and services, and thus can help solve social problems. But they also cause new social risks and inequalities.

Suggested Citation

  • Klimczuk-Kochańska, Magdalena & Klimczuk, Andrzej, 2015. "New Technology: Risks and Gains," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 1144-1147.
  • Handle: RePEc:zbw:espost:230608
    DOI: 10.4135/9781483345727.n603
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    References listed on IDEAS

    as
    1. M. G. Quibria & Ted Tschang & Mari-Len Reyes-Macasaquit, 2002. "New Information and Communication Technologies and Poverty: Some evidence from developing Asia," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 7(3), pages 285-309.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Economic Growth and Technology; Information and Communication Technology and Poverty; Technology Divide; Technology and Poverty Alleviation;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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