How would our basic needs be met so easily if not for technology? Man could meet his needs even before the birth of technology. But it was so difficult then and so rudimentary. Look at today's food - fresh, preserved or processed, food of any type is available at your doorstep just anytime. Clothing? Gosh, there's so much variety and much more comfort with different clothes for different occasions and seasons. Where does technology come into picture? Everywhere. From food to fashion, technology has a role to play. How else would so much of all this be produced? Look at today's shelters - shelters? Tall buildings, big bungalows, luxurious apartments - how would they be built if not for technology!

Businesses, small and big, need technology to thrive. They are growing and expanding across countries owing to technological advancements. It is technology that gives organizations the strength to spread their wings. If not for technology, how would complex industrial processes be carried out? If not for machines, how would large-scale production of goods be possible? If not for computers, how would the software industry have grown? Growing businesses create employment opportunities for people and technology plays a big role in business growth. That's how important technology is.

One of the most exciting innovations in transportation has to be the Hyperloop train. Rising on nearly airless tubes at 800 mph, the train will transport you from LA to San Francisco in just 30 minutes. Elon Musk announced a design scheme back in August, but FoxNews.com has learned the concept is more than a pipe dream -- it is now a real technology in development.

“We’re moving toward conceptual design,” said Dr. Patricia Galloway, the co-leader of Hyperloop Transportation Technologies Inc., hinting at more than just a rough design sketch and an actual concept, something that is concrete and verifiable in the near future.

“On paper, hyperloop is both cheaper and quieter, and it is potentially much faster, than a maglev train,” said Rob Enderle, an analyst with Enderle Group who studies Silicon Valley technology.

Past innovators often tried to replicate the whole bank, resulting in business models that either appealed only to the most tech-savvy or price-conscious customers. Today’s innovators are aggressively targeting the intersection between areas of high frustration for customers and high profitability for incumbents, allowing them to “skim the cream” by chipping away at incumbents’ most valuable products. It is hard to think of a better example of this than remittance – banks have traditionally charged very high fees for cross-border money transfers and offered a poor customer experience, with transfers often taking up to three days to arrive at their destination. UK-based company Transferwise is challenging this process using an innovative network of bank accounts and a user-friendly web interface to make international transfers faster, easier and much cheaper. Thanks to this business model, the company now oversees over £500 million of transfers a month and has recently expanded into the US.

Using electromagnetic energy instead of gunpowder or other combustible fuel, this rail gun fires 23-pound shells a distance of 100 miles or more at seven times the speed of sound — Mach 7. The Navy expects to conduct seaside trials in 2016, after more limited testing in defense labs. A rail gun projectile will cost as little as $25,000 — far less than the current cost of an attack missile, $500,000 to $1.5 million. And one warship could hold hundreds of projectiles. Multiple rail gun shells could also be fired in sequence to blow apart incoming missiles.

A pillar of health reform is improving access to the best health care for more people. Technology is a cost-effective and increasingly potent means to connect clinics in the vast and medically underserved rural regions of the United States with big city medical centers and their specialists. Telemedicine is well established as a tool for triage and assessment in emergencies, but new medical robots go one step further—they can now patrol hospital hallways on more routine rounds, checking on patients in different rooms and managing their individual charts and vital signs without direct human intervention. The RP-VITA Remote Presence Robot produced jointly by iRobot Corp. and InTouch Health is the first such autonomous navigation remote-presence robot to receive FDA clearance for hospital use. The device is a mobile cart with a two-way video screen and medical monitoring equipment, programmed to maneuver through the busy halls of a hospital.

Improved communication – advanced communication technology tools;

Easy access to information – at anytime and anywhere;
Improved housing and lifestyle – most of the items that we have in our homes today are automated (if we compare with houses in the 70´s, 80´s, 90´s);

Improved entertainment - we have more video games now, good music to listen and visual systems like smart TV's;

Social Networking – great improvement for individuals and businesses;

Job loss – replacing humans;

World destruction weapons – increasing endless wars;

Increased loneliness – social isolation;

Competency – increased dependency on modern tools that reduces our creativity and intelligence.