Question.923 - In Chapter 11 of your textbook, you explored important areas of risk and opportunity for society and companies such as the role of technology in business and society, cybersecurity, privacy, robotics, genetically engineering and others. Thinking about the company your selected company, discuss questions, concerns or any enthusiasm you may have regarding one of these areas that is changing due to technological advance. Be sure to respond to at least one of your classmates' posts.
Answer Below:
Tesla's recent advancements in robotics technology are both exciting and concerning. The owner of Tesla, Elon Musk, expressed his desire to create a fully automated factory and also automated vehicles. One major question that arises is how robots will impact employment. As robots become increasingly capable of performing tasks previously done by humans, there is a risk of job displacement. This could lead to economic inequality and many people's livelihood loss. Another concern is the ethics of using robots. For example, who will be held responsible if a robot causes harm to someone or something? There is also the question of how to ensure that robots are not used for unethical purposes, such as in warfare or for the exploitation of workers. Despite these concerns, there is also much enthusiasm surrounding the advancements in robotics technology. For example, robots have the potential to greatly increase efficiency and productivity in various industries. They can also be used to perform dangerous or hazardous tasks, which can keep human workers safe. Along with this, robotics technology has a huge potential to revolutionize lifestyle, work, and interactions with each other. The advancements in robotics technology also have the potential to improve our quality of life, such as through the development of advanced prosthetics and other medical devices. Furthermore, the development of autonomous vehicles and other forms of transportation has the potential to greatly decrease the number of accidents caused by human error. The advancements in robotics technology bring with them questions and concerns and a great deal of potential for positive change. We need to address these concerns and ensure that robotics technology is developed and used in a responsible and ethical manner.More Articles From Business Law
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