TechBalance
Balancing the Present and Future: The Impact of Technology on Different Generations

TechBalance

As a fervent champion of technological advancements, especially AI, I acknowledge its potential to revolutionize our world. Yet, I can’t help but ponder if our existing technologies - planes, trains, automobiles, and the internet, designed to gift us more time, have paradoxically stolen it instead. In a simpler time, when a single TV channel and radio station were our only sources of entertainment, we seemed to have more moments to spare for ourselves and our dear ones.

My main apprehension is that while colossal corporations are pouring resources into AI and quantum computing, we might be overlooking the present in our sprint towards the future. Can we genuinely construct a future while ignoring the present? Are these organizations catering to their existing clientele, or are they solely fixated on prospective customers? This question extends to their approach towards their workforce as well.

Indeed, mental health concerns are escalating, particularly among the younger generations who are the primary targets of these hefty investments by large organizations. My ten-year tenure in the banking sector has revealed that our elderly population is the most impacted. As every institution vies for their wealth, we have failed to offer them the support they deserve. It’s disconcerting to witness our seniors’ becoming casualties of this technological onslaught.

While a significant number of seniors are adept at using technology, the problem arises when they err and find no one to guide them. Hence, as we welcome the future, we must not lose sight of the present. We need to ensure that our existing customers and employees feel appreciated and supported, and that our seniors are not left stranded in this technological marathon.

Source(s)

  1. From tech investment to impact | Deloitte Insights
  2. The cornerstones of large-scale technology transformation
  3. Large scale technology transformation: Emerging trends for 2024
  4. Digital well-being: the relationship between technology use, mental …
  5. Scrutinizing the effects of digital technology on mental health - Nature
  6. How Does Technology Affect Mental Health? - Bradley University Online
  7. Behavior & Mental Health Services in NY | Citizen Advocates
  8. Seniors, caregivers, and entrepreneurs turn to tech as Canada’s …
  9. Optimizing tech for older adults - American Psychological Association (APA)
  10. The Role of Technology in the Lives of Seniors - seniormatch.com
  11. Technology for Seniors: Staying Connected in the Digital Age
  12. How Technology Affects the Elderly? - Senior Strong
  13. Tech investments drive performance - McKinsey & Company
  14. 5 Technology Investing Trends for 2023 - Morgan Stanley

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Rehan Sadiq

Professor and Distinguished University Scholar

10 个月

Thanks Asif.

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