Impacts of new printing technology on old conventional technologies

The movable type printing press was the signal innovation in early modern information technology, but economists have found no evidence of its impact on measures of aggregate productivity or income per person. This paper examines the impact technological advancement has brought to the printing industry. The printing industry has witnessed drastic changes in the machines used in this industry, such as automation and the elimination of other processes previously done. Additionally, it explores how the emergence of electronic media has affected the production of print media, leading to a decline in print media production. New technologies have benefited printing companies by reducing expenditures through the employment of fewer staff, but this also minimizes job opportunities in the printing industry. The paper also investigates whether printing companies and printers are satisfied with the new technologies being introduced.