PT Notes
PT Notes
>What is Technology?
- Application of science to solve problems
- Includes making, using, and knowing tools, machines, techniques, crafts, and systems
>Classification of Technology
- New Technology: Innovations like Robotic Process Automation (RPA), Internet of Things
(IoT), and intelligent apps like ChatGPT
- Emerging Technology: In pre-commercialization, examples include cancer vaccines,
nanotechnology, and stem-cell therapy
- High Technology: Advanced tech like virtual reality and AI
- Medium Technology: Between advanced and low tech, e.g., recommendation systems
- Low Technology: Basic needs, e.g., manual tech used by low-expertise workers
- Tacit Technology: Knowledge from personal experience, hard to codify, e.g., learning a
recipe
- Codified Technology: Easily transferable, precise, e.g., engineering drawings
2. Medical Technology
- Prevention: Early detection tools
- Diagnosis: In vitro diagnostics
- Monitoring: Checking disease status
- Treatment: Overcoming injuries and diseases
- Care: Accelerates recovery
- Examples: Smart inhalers, robotic surgery, wireless brain sensors, 3D printing, artificial
organs, health wearables, precision medicine, virtual reality, telehealth, CRISPR
3. Construction Technology
- Tools and Techniques: Building Information Monitoring (BIM), AI, modular construction,
robotics, self-healing concrete, 3D printing, augmented reality, drones
-Benefits: Improved productivity, safety, and training, addressing labor shortages
4. Manufacturing Technology
- Conversion Processes: Raw materials to products
- Types of Production Systems: Low (Job Shop), medium (Batch), high (Mass)
- Technologies: CAD, CAM, CNC, DNC, PLC, NC, material removal, material forming,
additive processes
5. Transportation Technology
- Types: Hyperloops, underground tunneling, aerospace technology, autonomous vehicles,
last-mile robots, electric vehicles
>Timeline of Biotechnology
2. Agriculture
- Genetically modified organisms (GMOs)
- Pest-resistant crops
- Enhanced nutritional content
4. Environmental Biotechnology
- Bioremediation
- Waste treatment
- Pollution control
Benefits of Biotechnology
- Improved health and medical treatments
- Increased agricultural productivity
- Environmental protection and sustainability
- Industrial advancements and efficiency
Challenges of Biotechnology
- Ethical concerns (e.g., genetic modification)
- Regulatory issues
- Public perception and acceptance
- Potential risks and unintended consequences
Chapter 4: Internet Technology
> Intranet
- Private network within an organization
- Secure internal information system
- Used for sharing company information and resources
- Benefits: Communication, collaboration, time-saving, cost-effective, productivity, immediate
updates
>Extranet
● Extension of an intranet
● Allows controlled access to external users (e.g., partners, vendors)
● Facilitates collaboration and communication between organizations
● Benefits: Enhanced business relationships, efficient communication, secure data
sharing, extended business reach
>Design Technology
- Focuses on creating functional and aesthetic products
- Involves research, ideation, prototyping, and testing
>Definition: The Technology Life Cycle describes the time and cost of developing a
technology, the timeline for recovering costs, and the modes of making the technology yield
a profit proportionate to the costs and risks involved.
3 Stages:
4 Stages:
6 Stages:
>Phases and S-Curve: The life cycle phases include R&D, Ascent, Maturity, and Decline.
>Market Interaction:
The document discusses Market Pull and Technology Push approaches, explaining how
market needs and technological advancements drive innovation.
>Diffusion of Technology:
● Definition: Technological diffusion is the process by which the market for a new
technology changes over time, leading to new products and production processes.
● Adoption Speed: The adoption rate can vary based on cost, accessibility, and
familiarity with technological change.
● Impact: The spread of new technologies across different users, uses, and
geographic regions is crucial for long-term growth.
● Adoption Categories: Employees adopting new technologies can be categorized as
Innovators, Early Adopters, Early Majority, Late Majority, and Laggards, each with
distinct characteristics and adoption behaviors.
CHAPTER 7: Effects of Technology
>Before Technology: Communication involved writing letters, waiting for replies, and
fostering creativity and poetic expression.
>Effects on Environment: Technological advances have led to issues like acid rain,
pollution, climate change, and ocean acidification.
>Perception of Reality: Changes due to the digital world, simulations, and advanced
technologies.
>Information and Technology Gap: Disparity in internet access between urban and
rural areas1.
- Cell Phones: They can lead to waste of time and money, negative effects on
students and teenagers, and environmental harm1.
>Supply Chain Management (SCM): SCM oversees the flow of goods, services,
and information from production to delivery, ensuring efficiency and
cost-effectiveness3.
● Positive Impacts:
○ Development in transport, communication, healthcare, e-business, education,
and agriculture.
● Negative Impacts:
○ Lack of social bonds, higher energy consumption, developmental issues in
children, health effects, and pollution.
● Privacy:
○ Accessibility, decisional, and informational privacy.
○ Issues: Violation of privacy, computer monitoring, unauthorized access.
● Cyber Ethics:
○ Moral, legal, and social issues in cyber technology5.
○ Includes web tracking, online privacy, phishing, scams, copyright
infringement, and cyber-squatting.
● Social Media:
○ Data mining, phishing attempts, malware sharing, botnet attacks, stalking,
and harassment.
● Cyber Crime:
○ Email and internet fraud, identity fraud, corporate data theft, cyberextortion6.
● Adware displays ads without consent; spyware captures and sends information
without permission.
>Cyber Security:
● Email monitoring, antivirus products, security codes, backup files, system security
monitors, biometrics.
>Privacy Protection Tips:
● Use strong passwords, log out of public devices, disable geolocation, be cautious
with links, use two-factor authentication, and minimize personal information on social
profiles.
CHAPTER 10 – TECHNOLOGY PLANNING AND TRANSFER
>Technology Planning:
>Technology Transfer:
>Technology Trends: