Technology is a natural resource
Answers
Answer:
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Explanation:
Automated haul trucks and drilling machines are being tested in mines across the world. Sensors at the tip of drill bits are measuring ore grade in real time, and data analytics is being used to discover new deposits of precious metals. In oil and gas, underwater robots fix gas pipelines off the coast and drones inspect offshore oil rigs. Crawling well-drilling machines drill multiple wells quickly and accurately one after another. These are just some of the many ways technology is transforming the demand and supply of resources.
Historically, the resources sector followed a dig-and-deliver model, where success was mainly about the size and quality of assets. For example, the oil industry depended on having the most plentiful reserves. Demand for resources grew in line with the economy, and it paid to have the best and most expandable asset. But that’s no longer the case.
Answer:
Explanation:
No human technology can fully replace 'nature's technology' perfected over hundreds of millions of years in delivering key services to sustain life on Earth. A productive, diverse natural world, and a stable climate have been the foundation of the success of our civilization, and will continue to be so in future.