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Monday, November 25, 2013

Pace of Technology Adoption

Speeding up. in the HBR.  Yes, just based on the communications I get, and the large scale misunderstanding we see about how technologies act within product contexts and connect us with other people.  This article also has a good visualization of the changes.  " ...  Many people suggest that rates of new product introduction and adoption are speeding up, but is it really, across the board? The answer seems to be yes. An automobile industry trade consultant, for instance, observes that “Today, a typical automotive design cycle is approximately 24 to 36 months, which is much faster than the 60-month life cycle from five years ago.”  The chart below, created by Nicholas Felton of the New York Times, shows how long it took various categories of product, from electricity to the Internet, to achieve different penetration levels in US households.  ... " 

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