L04 Evolution of Technology

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Evolution of Technology "The way to build a complex system that works is to build it from very simple systems that work.” - Kevin Kelly Copyright © 2012, Ólafur Andri Ragnarsson

description

Technology is one of the major factors of change. This can be an opportunity or a threat. For many businesses and industries it is important to recognize the threat. New technology is an opportunity for new companies to enter the market. In this lecture we look at how technology evolves. We look at some of the theories of how technologies evolves including Moore´s Law and the S-curve.

Transcript of L04 Evolution of Technology

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Evolution of Technology"The way to build a complex system that

works is to build it from very simple systems that work.”

- Kevin Kelly

Copyright © 2012, Ólafur Andri Ragnarsson

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Innovation

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Ideas build upon IdeasEvery generation of technology becomes a source for new innovations

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Adjacent PossibleThe untapped potential of what could be...

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The 10/10 Rule10 years to build a newplatform, 10 years for itto be adopted

Steven Johnson

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The Liquid networkA good idea is a network. Innovations happens with collaboration

Steven Johnson

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The Slow HunchA lot of ideas linger on, sometimes for decades, in the back of people’s minds

Steven Johnson

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SerendipityThe accident of finding something useful or good without looking for it

Steven Johnson

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Evolution How does technology evolve over time?

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Cycles

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Industries Paradigms Technology Products

Theories of InnovationThe study of innovation can be applied on different things:

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Nikolai Kondratiev

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Technology innovations are in long cycles, 40-60 years, each representing the application of new group of technologies, which eventually will lead to another wave

Kontrativ Wave

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Copyright © 2012, Ólafur Andri Ragnarsson Source: Wikipedia, Kondratiev Wave

Kontrativ Wave

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Copyright © 2012, Ólafur Andri Ragnarsson Source: Wikipedia, Kondratiev Wave

Wave Years1 First Industrial Revolution 1787–

18422 Railroad and Steam Engine Era 1842–

18973 Age of steel, electricity and internal

combustion1897–1939

4 War and Post-war Boom: Suburbia 1939–1982

5 Post Industrial Era: Information Technology

1982? – ??

Kontrativ Wave

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Diffusion of InnovationInnovation grows in three stages

1. Slow growth – The early phase of exponential growth

2. Rapid growth – The late explosive phase of exponential growth

3. A leveling off as theparticular paradigm matures

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Technology S-Curve

Based on the notion of Technology Life Cycle– Improvements in performance varies throughout the

life of the technology

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TimelineEach wave creates number of new inventions

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Copyright © 2012, Ólafur Andri Ragnarsson Source: Wikipedia, Kondratiev Wave

The Digital RevolutionFirst computers were built using vacuum tubes

Today our cell phone is a powerful computer

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Transistor, 1947

Integrated circuit, 1959

Intel 4004, 1971

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The Digital Revolution

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IBM System/360

360/20 with 24K of memory

Computers in 1964

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Number of transistors onan integrated circuit will double in about 18-24 months.

Moore’s Law

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Number of transistors onan integrated circuit will double in about 18-24 months.

Moore’s Law

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Technological growthaccelerates

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The Fifth Paradigm

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30 Years of Product Performance

1977 Apple II $1,2984000 bytes memoryMotorola 6502 1MHz

2007 iMac 17-inch $1,1991GB memoryIntel 2.0GHz

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iPad 2 as fast as Cray 2 supercomputer, fraction of the size

Read more: http://www.electronista.com/articles/11/05/10/ipad.2.benches.as.fast.as.cray.2.from.1985/#ixzz1jdOS0Es4

Cray 2 1985 Apple iPad 2 2011

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ExponentialGrowth

Slow growth in the beginning than accelerates

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Copyright © 2012, Ólafur Andri RagnarssonFlickr picture by spwelton

Second half of the Chess board

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The Legend of theAmbalappuzha Paal Payasam

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Number of transistors onan integrated circuit will double in about 18-24 months.

Moore’s Law

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Explonential growth

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Computers will be faster

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Computers will be smaller

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Computers will be cheaper

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Computers will be everywhere

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Things that once were impossible become possible

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From a 1946 Comic strip to CES 2009

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63 years later

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Source: http://www.businessweek.com/innovate/content/jan2008/id2008012_297369.htm

Bill Buxton’s Long nose of Innovation

The Long Nose of Innovation

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Growth ofTechnologyEvolutionary processes – bothbiology and technology, tend to a c c e l e r a t e

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Ray Kurzweil on how technology will transform us (from TED.com)

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The Law of Accelerating ReturnsEvolution applies positive feedback in that the more capable methods resulting from one stage of evolutionary progress are used to create the next stage.

As a result, the rate of progress of an evolutionary process increases exponentially over time.

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“An analysis of the history of technology shows that technological

change is exponential, contrary to the common-sense ‘intuitive linear’ view. So we won't experience 100 years of progress in the 21st century -- it will

be more like 20,000 years of progress

(at today's rate).” - Ray Kurzweil

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Technology S-Curve

Based on the notion of Technology Life Cycle– Improvements in performance varies throughout the

life of the technology

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Technology S-Curve

Exponential trends can be composed of a sequence of S-curves where each curve is faster

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Technology S-Curve

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Technology S-Curve

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Technology S-Curve

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Technology S-Curve

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Technology Life Cycle

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Technology Life Cycle

In the early daysThe innovators and technologyenthusiasts drive the marketThey demand technologySmall percentage of the market

In the later daysThe pragmatists and

conservativesdominate; they want solutions

andconvenienceThe big market

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Technology Adoption Life Cycle

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Is this evolution of technology good?

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Kranzberg’slaws of technology

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1. Technology is neither good nor bad; nor is it neutral

2. Invention is the mother of necessity

3. Technology comes in packages, big and small

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4. Although technology might be a prime element in many public issues, nontechnical factors take precedence in technology-policy decisions

5. All history is relevant, but the history of technology is the most relevant

6. Technology is a very human activity - and so is the history of technology.

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What is the impact of technological change?

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Technology is one of the major factors

in change

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Opportunity Threat

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Example: Digital Photography

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Economist article: The last Kodak moment?Kodak is at death’s door; Fujifilm, its old rival, is thriving. Why?

READING ASSIGNMENT

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Think about thisThink of a technology that has changed your life

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Why did Western Union turn down the telephone?