Why are the social and ethnical consequences of emerging technology

Emerging technologies are characterized by radical novelty relatively fast growth, coherence, prominent impact, and uncertainty and ambiguity.  Its most prominent impact, however, lies in the future and so in the emergence phase is still somewhat uncertain and ambiguous.

Explanation:

Technology affects the way individuals communicate, learn, and think. It helps society and determines how people interact with each other on a daily basis. There are some ethical issues that are closely connected to digital technology, such as trust, knowledge, privacy, and individual autonomy. The issues take on a heightened concern when the technologies in question are financed through the profit motive and a large market.A hypothesis about ethics is proposed, namely, ethical problems increase as technological revolutions progress toward and into the power stage. Assuming the emerging technologies develop into mutually enabling revolutionary technologies, we will need better ethical ideas to cope with the future.Technology can be used to protect financial data, confidential executive decisions and other proprietary information that leads to competitive advantages. Simply put, technology helps businesses keep their ideas away from their competitors in the real worldLatest technologies, such as artificial intelligence and robotics, are being employed by organisations to automate simple and repetitive tasks as well as to make complex decisions quickly and more accurately via predictive algorithms are changing the way we think today.