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especially the fifth wave technology have been affected the different
kinds of business industries.
One of the very simple example from this is the newspaper industry,
10 years before, the industry of newspaper is increasing rapidly.
However, when the technology and the internet improves, people used
to read news through their laptop, computers, and now even in their
tablets and phones. That is why many newspaper industries are now
being bankrupt because of the fifth wave technology. But the
innovation of technology have a lot of positive effects, in fact, the
fifth wave technology has a lot of advantages both to different kinds
of business industries and to the community. Even in terms of
transportation, there are specific cumulative waves of transport
development. The fifth wave in transport systems are the airports and
the containerships. During the late 1950’s, jet services have been
introduced because of this innovation, global mobility systems
advance wherein different kinds of locations can be accessible within
hours. (Rodrigue, et al, 2013). As of now, through the help of the fifth
wave technology innovation, there are several airport terminals
around the world wherein people were able to reach destinations in
the fastest way. On the other hand, containership which is part of the
maritime mode of transportation is also evolving. Nowadays, bulk
shipping becomes one of the fastest ways why our global commercial
relations has been innovating and improving. The trade and freight
transportation is now a global distribution system with the help of the
fifth wave technology innovation of transportation modes.
In my own opinion, the timeframe of the fifth wave which is 1990-
2020 is appropriate based on the changes happened for over 20 years.
As we all know, new methods of communication such as social media
and the invention of smartphones and other gadgets improve the way
we communicate now. Other improvements in different industries
have been already developed wherein through the use of the
technology, business industries were able to work and move in the
fastest way. And I think to start in the year 2020, we should expect
more improvement, development, and innovation.