Technology
However, a technology revolution is fast replacing human beings with machines in virtually every sector and industry in the global economy, machines are also a biggest problem for the environment. With current surveys showing that less than five percent of companies around the world have even begun the transit to the new machine culture. The distinguished Nobel Laureate Economist, Wasilly Leontief warned that with the introduction of increasingly sophisticated computer “The role of humans as the most important factor of production is bound to diminish in the same way that the role of horses in agricultural production was first diminished and then eliminated by the introduction of tractors.” In banking, for example, the use of ATMs and system development bank line also generated the closure of thousands of jobs; Furthermore, the use of various chemicals and toxic to the functioning of the machines leads to the pollution of air and water. The pollution not only harms the environment but also to human life, as it causes various diseases such as respiratory diseases and skin diseases.Due to pollution caused by industrialization countries have been spending huge fortunes for exceeding the stipulated level of carbon dioxide emitted into the