Review for Business Managers

Benefits:

    • The sensor technology can be very expensive, as an artificial arm for example, can cost up to $100, 000. With the rapid advancement in technology though, the cost of production can be lowered. 3D printers can replicate a lower quality of these products.
    • As costs of production lower and the demand increase, companies could charge reasonable prices while still making profit.
    • A new workforce could be formed, as artificial limbs with time could function even better than normal ones.

Disadvantages:

    • Ethical implications could come into the frame as using someone disabilities for a company’s profit.
    • Implanting sensory chips in the brain of a human could cause health issues and permanent brain damage.
    • The use life of the chips could require multiple surgery, which is not only expensive but also dangerous.

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