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Technological in sentence

2092 examples of Technological in a sentence

Trump’s treasury secretary, Steven Mnuchin, has declared that the possible technological displacement of workers is “not even on [the administration’s] radar screen.”
Among economists, however, the consensus is that about 80% of the loss in US manufacturing jobs over the last three decades was a result of labor-saving and productivity-enhancing technological change, with trade coming a distant second.
Simply put, technological change is skill-biased.
Over the last 30 years or so, skill-biased technological change has fueled the polarization of both employment and wages, with median workers facing real wage stagnation and non-college-educated workers suffering a significant decline in their real earnings.
Rather than cage the golden goose of technological progress, policymakers should focus on measures that help those who are displaced, such as education and training programs, and income support and social safety nets, including wage insurance, lifetime retraining loans, and portable health and pension benefits.
But, as technological progress has increased options for saving, extending, and improving lives, health-care costs have skyrocketed, raising Medicare costs from 3.5% of federal expenditures in 1970 to 15.1% today.
They have acted as gateways connecting South Asia to the developed world, and have benefited from globalization, education, capital accumulation, and technological advancement.
Renewable energy costs will eventually go down, in step with technological innovation and mass production.
And the menace of war is followed by a raft of social, environmental, geopolitical, technological, and economic risks and trends.
Because everywhere I look, leaders are repositioning their economies to ensure that technological change and automation are assets rather than liabilities.
As policymakers in both developed and developing countries make decisions and investments that will shape the landscape in which technological change unfolds, it is gratifying to see countries engaging in meaningful dialogue about their digital futures.
Job-eroding technological advances, worsening income inequality, demographic shifts, dwindling natural resources, and environmental depletion are adding even more straws to the camel’s back.
Eventually, technological progress undermined industrial capitalism.
Second, the forces of globalization and technological progress have combined to alter the nature of manufacturing work in a way that makes it very difficult, if not impossible, for newcomers to emulate the industrialization experience of the Four Asian Tigers, or the European and North American economies before them.
Free trade, technological progress, and other forces that promote economic “efficiency” are presented as beneficial to society, even if they harm individual workers or businesses, because growing national incomes allow winners to compensate losers, ensuring that nobody is left worse off.
If trade, competition, and technological progress are to power the next phase of capitalism, they will have to be paired with government interventions to redistribute the gains from growth in ways that Thatcher and Reagan declared taboo.
Just as fiscal and monetary policy can be calibrated to minimize both unemployment and inflation, redistribution can be designed not merely to recycle taxes into welfare, but to help more directly when workers and communities suffer from globalization and technological change.
Facing economic crisis, widespread unemployment, and rising competition from developing economies, Europe must adjust to technological advances and new modes of working – all while an aging population puts increasing strain on exhausted public budgets.
The pace and scope of technological progress makes predicting impending developments, and how they will affect education, virtually impossible.
He argues that the period of rapid technological progress that followed the Industrial Revolution may prove to be a 250-year exception to the rule of stagnation in human history.
Indeed, he suggests that today’s technological innovations pale in significance compared to earlier advances like electricity, running water, the internal combustion engine, and other breakthroughs that are now more than a century old.
I recently debated the technological stagnation thesis with Thiel and Kasparov at Oxford University, joined by encryption pioneer Mark Shuttleworth.
As Carmen Reinhart and I emphasize in our book This Time is Different, such fugues of optimism often accompany credit run-ups, and this is hardly the first time that globalization and technological innovation have played a central role.
And, regardless of technological trends, other secular trends, such as aging populations in most advanced countries, are taking a toll on growth prospects as well.
After all, most plans for emerging from the financial crisis assume that technological progress will provide a strong foundation of productivity growth that will eventually underpin sustained recovery.
To be sure, we economists have found that globalization appears to have played a far lesser role in growing wage inequality than have technological advances.
And now that rapid technological change is threatening the ICT sector’s business model – providing low-cost programming services to foreign clients – even India’s “cleanest” capitalist industry is confronting governance challenges.
In order to avoid the recurring crises of the past, Argentina must re-establish trust and implement a macroeconomic program to slow inflation, maintain fiscal balance, and promote investment, technological development, and education.
Instead, technological change acted as a powerful driver of productivity and employment growth.
One key reason is that the technological innovations that destroy some existing jobs also create new ones.
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