With technology, work hours decrease and there should be more leisure time. But this is
not the case. There are 3 categories of time namely:
a. Production time - work
b. Consumption time - eating, paying things for personal pleasure or need
c. Free time - idleness, doing nothing, lying in bed
Modern technological progress has not resulted in more free time for most people.
Studies say more people are into production then consumption and have less time for free time. Increase of consumption time has the effect of crowding time with consumption activities that people begin to think and fell that time is short. As a result of producing and consuming time, we are experiencing increase of scarcity of time. As technology grows, so is the need for people to produce to match their consumption. Same thing goes for economic growth. The more people consume, the more we need to produce to satisfy economic needs.
We are always in danger of being slow on the production. Free time becomes a danger of wasting valuable time. We are becoming time pressured. Tasks are hurried. And we neglect basic social needs because they are economically unproductive. If before we have time surplus, then time affluence, with the arise of technology and what it brings for the world to be competitive and fast-paced, now we have time famine. Economic growth doesn't equate to free time. And technological advances are equated to economic growth and fast consumption. Fast consumption then leads to more production. And all this ties up to have less free time.