Ministry Of Electronics And Knowledge Technology, Authorities Of India

In Goethe’s Faust, Faust promoting his soul to the devil in return for energy over the physical world is also usually interpreted as a metaphor for the adoption of commercial technology. The discovery and use of fire, a easy energy source with many profound makes use of, was a turning level in the technological evolution of humankind. Fire, fueled with wooden and charcoal, allowed early humans to cook dinner their meals to increase its digestibility, bettering its nutrient value and broadening the variety of foods that could presumably be eaten. Virtual technology, such as laptop software program and enterprise strategies, fall underneath this definition of technology. Brian Arthur defines technology in a equally broad way as “a way to meet a human objective.” Philosophical debates have arisen over the use of technology, with disagreements over whether or not technology improves the human situation or worsens it.

Basic financial relations are …