How does technology contribute to the circular economy?
Technology plays a crucial role in the circular economy by enabling efficient resource management, waste reduction, and recycling processes.
Can you give examples of technologies that support this?
Sure! Examples include IoT for tracking resources, AI for optimizing recycling processes, and blockchain for transparency in supply chains.
What are the benefits of using technology in this context?
The benefits include reduced environmental impact, cost savings, improved efficiency, and enhanced product lifecycle management.
Are there any challenges associated with implementing these technologies?
Yes, challenges include high initial costs, the need for skilled workforce, and potential resistance to change from traditional practices.
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