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Technology assessment assumes a global perspective and is future-oriented, not anti-technological. TA considers its task as an interdisciplinary approach to solving already existing problems and preventing potential damage caused by the uncritical application and the commercialization of new technologies. Technology assessments, which are a form of cost–benefit analysis, are difficult if not impossible to carry out in an objective manner since subjective decisions and value judgments have to be made regarding a number of complex issues such as
- The boundaries of the analysis (i.e., what costs are internalized and externalized).
- The selection of appropriate indicators of potential positive and negative consequences of the new technology.
- The monetization of non-market values and a wide range of ethical perspectives.
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