Technology refers to the ways in which we use knowledge creatively to organize tasks involving people and machines that meet sustainable goals. It includes both tangible tools such as utensils and machines and intangible ones such as computer systems.

Unlike science, which focuses on necessity and universality, technology is concerned with contingencies and specificities. This is why a piece of technology cannot simply follow from science in a 1:1 relationship; instead, it must be designed as a means to an end. Moreover, the design must work within constraints: financial (only so much money can be spent on the development), political (local, state and national regulations), social (public opposition), ecological (likely disruption of natural environment), and ethical (disadvantages to some individuals or risk to subsequent generations).

Modern businesses are increasingly relying on technology to stay competitive. They make investments in technologies that allow them to innovate and create new products and services for their clients and customers. Additionally, they rely on technology to help them run their operations smoothly and efficiently.

The main drawback of technology is that it can be addictive. It can cause people to lose sight of their personal relationships and spend more time with their electronic devices, which is detrimental to family life. Furthermore, technology can also be harmful to the environment because of its heavy dependence on fossil fuels.

Despite these disadvantages, there are many benefits of technology. For example, it allows companies to create innovative products that improve their bottom line. It also enables them to provide their clients and customers with high-quality service.