Technological Advancement - A Faustian Bargain?

There is a legend of a scholar named Faust who makes a pact with the Devil; in this pact, Faust exchanges his soul for great knowledge and power. How does this relate to computer ethics? Well, new technologies arise as society accepts the offered technological benefits in exchange for whatever consequences may result from its use. The moral dilemma is whether or not the good is worth the bad; for example, is the convenience offered by automobiles worth the resulting pollution and are the benefits of computers worth the increase of unsociable nerds? Such ethics are determined on an individual basis, but it is important to remember that technology is only a tool, and when applied to the Faustian legend, technology is not the Devil but the Devil's offer. Rather, the people in society are both the Devil and Faust, the giver of technology and the victim of its use. So, as members of society, we are blessed to benefit from technological innovations, but we have to be careful not to trade our morality for temporary comforts and figuratively drag ourselves down to hell.