Up until now, there are already several animal species been successfully done with genetic modification, and ‘more than eleven species have been cloned. Some opponents of Genetic modification technology consider such technique to be the selfish desires of human beings, since it can be easily applied to commerce, such as cultivating pets for sale. The cloning of animals for the purpose of getting pets so they can be emotionally attached by the humans is not justifiable. The technology used in the cloning of humans and animals is debatable throughout the world.. Supporters argue that the Genetic modification technology could serve as medical purposes. For example, many scientific experiments are done on the cloned animals. Despite the moral and ethical reason, the medical advancement in recent years is hard to be achieved without the help of Genetic modification and clone technology. Culture of this world today has evolved so much that it has developed a position that is now in a dangerous place. New technologies are coming that will help the man kind in finding solutions too many questions and create some new problems for the mankind. The technology of genetic engineering is not only beneficial for the man kind in many ways but it raises many ethical and social issues for the humans. Actually this technology is about the destruction of several natural processes that were done before in a proper manner and now are termed as new and evolved technology. The new genetically improved plants and animals are posing threat or benefit to the humans is debatable. This research will be explaining about the analysis of this new technology and how can this technology posses threat or benefits to humans.