Technology explosions simple name for familiar phenomenon

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Reference no: EM132214197

"Technology Explosions," a simple name for a familiar phenomenon - namely that technological evolution is accelerating in an explosive manner. Technology is exploding in the same way that the atomic nuclei in a nuclear bomb explode: by exhibiting an unconstrained exponential growth process." "The internet explosion was a period of tremendous growth in the latter half of the 1990s. In the 1994-1996 time frame, it changed from a scientific and governmental research network to a commercial and consumer marketplace." Ease of use and speed will be very important product features, in the future. Amazon and Tesla will lead this trend. Amazon, with their new grocery store model and Tesla is working hard to create a self-driving car that can traverse the United States no matter the terrain. It is easy to see that this trend will continue, but what will it create? Smart cereal boxes? Smart headphones? The opportunities are endless. Given all we know, research and, read about this,"technology" explosion, answer the following questions: Might we see an end or, at the very least, a significant slowdown in the speed of technological advances, in the next 5-0 years? Explain. Examples? In your opinion, is such rapid technological advances good for America and American businesses? Explain. In your opinion, what is one of the negatives of such massive technology growth? Example?

Reference no: EM132214197

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