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The first Industrial Revolution paradox -- labor-saving technologies resulting in more, rather than less work -- was repeating itself.
First, low interest rates encourage firms to invest in more capital-intensive technologies, resulting in demand for labour falling in the longer term, even as unemployment declines in the short term.
Supporting teams are formed to provide expertise in these technologies, resulting in a completed design that is the best compromise of all the engineering disciplines.
The President's plan will also spark innovation across a wide variety of energy technologies, resulting in cleaner forms of American-made energy and cutting our dependence on foreign oil.
Four decades on, a worldwide telecoms industry with annual revenues of £800bn has grown rapidly based on wide choice, falling prices and an array of technologies, resulting in the average mobile being used to take photos, play music and games, send emails, download maps, watch video clips, all as well as talking and texting.
In addition to the newly-designed lens, the LUMIX LX5 features an image processing engine that combines technologies resulting in professional-quality photos, especially in low-light situations.
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M&A between partners with ex-ante complementary technologies result in more active R&D performers after the M&A.
The use of new, more efficient technologies resulted in the further reduction of the workforce so that by 1897, A & G Murray only employed 500 people.
Recent progress in microarray technologies resulted in developments of high resolution platforms for profiling of genetic, epigenetic and gene expression changes.
Immunological and chemical technologies result in less radiocontamination and are comparatively safer.
These technologies resulted in further improvements in the public's health and deservedly continue to influence much of biomedicine.
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