Technology is important in today's society because it creates business competitiveness, economic growth and addresses the challenges of the present. With economic growth, a country is able to create more employment for its people.
One of the serious challenges that face today's society is global warming, which is partly due to greenhouse gases. The use of cheap oil contributes greatly to these gases. "Green" energy technologies can be used as alternatives for preventing global warming.
Another modern day challenge is in terms of healthcare. Technology paired with modern medicine can be used to improve quality of life and increase longevity.
Food security and food production technologies can help agricultural producing countries like Mexico improve their economy. The importance of technology is most clearly seen in the various issues facing developing countries compared to developed nations.