Some people think that the range of technology currently available is increasing the gap between rich people and poor people. Others think that it is causing the opposite effect.
Discuss both views and give your opinion.
Various types of technologies are now available to people, including the internet and consumer technology. This development has affected many areas, an important one being income inequality. I believe that this has narrowed the gap between the rich and poor by increasing equality of opportunity.
However, there is some evidence for the view that the higher availability of technology is widening the income divide. This is because high-quality technology usually tends to be expensive, which favours the wealthy. For example, a wealthy person can afford to purchase technology, such as a laptop, that would improve their educational outcomes. This would give them an advantage over those who are poorer, allowing them to earn higher incomes, which in turn results in greater income inequality.
On the other hand, technologies like the internet are completely free to use for anyone with an internet connection. Given that this is even available in many remote and impoverished areas of the world, the access to educational resources has become more equal. Previously, only those with enough money were able to obtain resources like books and tutors. Now, there is a large quantity of learning materials online, allowing even the poor to receive an education.
To sum up, one way in which greater technology has widened the income gap is because some types of technology, such as consumer technology, are expensive, making them more accessible to the rich. Conversely, technologies such as the internet contain a wealth of free learning resources that can even be accessed by those living in poorer regions. This has levelled the educational playing field, reducing the gap between the rich and poor.