Definition of Technological trends

   Definition of Technological trends

    Technological trends are not just a concept of technological advancement contrary to popular belief. Technological trends extend beyond simple progress in technology. They are driven and shaped by societal demands, cultural evolution, economic influences, and ethical concerns. These factors are closely linked, illustrating how technology impacts our everyday lives.

    In modern society, technological trends hold great significance. They cover the rise and advancement of new technologies but also how these innovations affect our daily existence. 

    For instance, technological trends, like the use of AI in autonomous vehicles where the growing demand for safer, faster, and greener transportation speeds up the advancement of AI technologies require areas for improvement. It introduces new possibilities and challenges that society must navigate, affecting regulations, employment, and daily practices. 

  Damien Riehi (2018) states in the article “Car Minus Driver: Autonomous Vehicles Driving Regulation, Liability, and Policy” that there are proper standards such as five standards created by SAE which were officially evolved by a federal regulator, and also states that auto insurance operates under a system of self-regulation with different jurisdictions enacting their own laws and rules. These highlight the existence of proper standards and imply that there is a recognized set of regulations and guidelines that help ensure safety in the automotive industry. 

   

    Human desires, such as the pursuit of convenience, drive the creation and evolution of technology, which in turn transforms cultural norms and impacts the economy, as illustrated by the high value of diamonds compared to water due to marginal utility. However, technological advancements often come with issues. For instance, despite the groundbreaking nature of Tesla's autopilot software, it has been linked to 17 fatalities and 736 crashes. Despite these serious safety concerns, some continue to overlook the risks and advocate for the widespread use of such technology. This raises valid ethical concerns, including the argument that AI-driven autonomous vehicles may be harmful to society and the environment.

    

Riehl, D. A. (2018). Car minus driver: autonomous vehicles driving regulation, liability, and policy. Comput Internet Lawyer, 35(5), 1-18. (1) Car Minus Driver: Autonomous Vehicles Driving Regulation, Liability, and Policy | Damien Riehl- Academia.edu