Technology: making lives better and cheaper

Technological unemployment is becoming very common nowadays. Humans are getting replaced by machines in many sectors. This problem is however, counterbalanced by cheaper day-to-day lives, which is made possible by technology. The most important example is a smart phone. Smart phones have made most tasks just one tap away. One phone can serve the utility of a phone, torchlight, television, camera, boom box and others and thus, reducing day-to-day costs. Communication, entertainment, energy, transportation, housing, education, healthcare are some of the sectors where technology has played an important role and has increased efficiency with reduced costs. Read more at https://singularityhub.com/2017/06/08/technology-will-erase-jobs-but-also-make-everything-cheap-or-free/