Since the 1900s the technological advancements of mankind are nothing short of remarkable. In the 20th century the world was introduced to an extraordinary range of new technology. Colour televisions, advances in medicine even the slinky were all born before the new millennium. Little did we know that the technological changes occurring in the 20th century would unquestionably shape our modern day existence, they provided a foundation for the advancements of the future.
Arguably the evolution of the internet has shaped the way we as human beings live. From the economy to healthcare the internet is undoubtedly a central focus in the lives of billions of people across the globe and a time before its expansion seems almost unimaginable. Banshee-like dial up connection tones are a thing of the past with most smart phones being equipped with internet access; rendering us continuously connected to the World Wide Web.
There is something incredible, almost magical about this digital network in which over 80% of the UK are connected to. Perhaps the idea of the internet reveals something more profound than simply access to information and Facebook, the significance of the internet potentially exposes subtle undertones of the dependence of human kind upon one another and the fear of being isolated. The increased popularity of social networking sites has undeniably contributed to the rise in globalization, but of course there has to be some economical downfalls to the world’s extensive connection, particularly in trade. Internet trading has become a progressively more attractive method of trading in stocks, currency and options because it is convenient and requires only small investment and low fees. Internet trading, however, comes with inherent problems of addiction, losses and security risks. Something we must consider if we are to protect our economy for the security of future generations.