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Exponential Technologies are dramatically changing our world faster and faster. The impact of this acceleration will have an extreme impact on all our lives in many ways.
Here is an excellent 5 minute video introduction on some what we might can expect from Exponential Technologies:
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Quote: Truth is what stands the test of experience. |Albert Einstein
Many of the Sectors also operate as Exponential Technologies and have great influence on the speed of technology beyond their own Sector. For example, Processors not only accelerate in speed and cost reduction exponentially, they apply across most, if not all, technology sectors.
This acceleration is much easier for us to see as processing technology has come so far. The Smart Phone many of us have in our pockets has more processing capability than a room full of computers just a few decades ago. And, while the processing power increases exponentially, the prices has halved every couple of years or so.
As this happens, there are other things to consider. While we have gone through technological shifts before, many agree, it is different this time. In this next industrial revolution, we will become partners with machines.
Erik Brynjolfsson frames it as “The Economics of Abundance”.
Processor speed, data storage, internet, software, crowd tools, etc. are tools that increase speed in general. And, most technology sectors employ most of these in their advance. As more sectors employ multiple of these accelerating technologies, the speed will be jaw dropping and the disruption will be even more extreme. And it is continuing to get faster and faster.
And Exponential Technology is not just faster and cheaper, but in many ways better too…
Applying leverage, as described in these pages, is a primary force in the advancement of technology. It is where a lot of the speed and scale is coming from.This in-common, extreme leverage available is accelerating technological capability and is a pretty good metaphor for where to look to view Giant Leaps in technology. Others copy, replicate and accelerate even faster across sectors.
|A third industrial revolution | The Economist OUTSIDE THE SPRAWLING Frankfurt Messe, home of innumerable German trade fairs, stands the “Hammering Man”, a 21-metre kinetic statue that steadily raises and…|
A quick summary video:
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