Question

Ethical Issues Regarding Emerging Technologies

We examine only one area of the different types of emerging technologies and the ethical issues that can arise in connection with them. We focus on the ethics of businesses collecting detailed, and often very private, information on their customers in order to use that information to increase their profits. Ethical issues can be examined from the perspective of the consumers whose information is being collected or from the perspective of the businesses, concerning both how they collect and how they use this information.

Is the increase in information gathering by businesses for increasing their profits a good or bad thing on the whole? Consider the arguments given by Johnson, the perspective of customers, and the perspective of the businesses themselves. Do you think the increasing use of such technologies leads to violations of individual rights and, if so, specifically what rights?

Ethical theory and Business-Arnold Beauchamp

Case 1. Social Media and the Modern Worker: The Use of Facebook as an Organizational Monitoring and Management Tool, pp. 442-444

Answer 1

Emerging Technologies such as implementation of electronic management system can directly lead to an organisational change which is required to implement this this specific systems to the organisational structure as it needs a total Reform and redevelopment of the internal strategies which are required to do the business. By application of human resource management system as well as different electronic based systems which are oriented towards the new technologies can be very beneficial for the organisation in terms of being implemented.
At the technological advancement is taking place, every organisation must have to be updated with the new technologies. If any organisation fails to update itself with the new technologies then it will feel in the market drastically. As most of the things are turning digital an organisation should also be turning digital as per the requirement of the market which will directly increase their overall level of efficiency as well as productivity to provide ethical as well as better working environment for the employees and to maintain productive working structure by implementing different Technologies such as automation.

For an example.

3D printing if a new technology which is taking over every market segment. It is widely being used for creating new technological advancements and it has given power to the customer to create their own imaginations in reality.
Europe is a center point of development in 3D printing Technology and mostly being used in medical as well as other industries which use Complex problems. 3D printing Technology has been solving Complex issues at a very cost effective manner.
In next 3 years Europe would be having 3D printers in each and every industry and the 3D printers would be giving their contribution towards development of a better place for the organisations. Advancement in medical care as well as being used in different technological companies, 3D printing would be creating a large difference in Europe. As the 3D printers have become very very cheap, it comes under the reach of common customer which has open door to the better designs as well as product prototyping for small scale businesses. Level of innovations has also increased as innovators have a specific tool to turn their innovation into reality. This would leave deep Impact on the market in Europe.

After doing the market research, Germany would be the center of the market along with the United Kingdom and France as most of the three 3D development in different industries are rapidly happening in these countries. These countries have a larger market share than others and also very technological advance that they are leading the industry in that specific segment.