The first telephone was useless. The first two telephones could show a neat trick to the uninitiated. Western Union didn’t understand the value of the telephone when it turned down an opportunity to purchase the most valuable patent in history. The telegraph was indeed a very efficient and reliable mode of communication. Telephones are [...]
The public is embracing ebooks and the future may relegate books to the category of objets d’art, like urns in living rooms. The publishing industry, in defense of its own importance, would have us believe that the democratization of the printing press is bad for authors and bad for the reading public. But disruptive technologies [...]
When people think of a future period, they intuitively assume that it will reflect the current rate of progress. Careful consideration of the historical pace of technological change shows that the rate of progress is continuously accelerating. It is human nature to adapt to the changing pace, so the intuitive view is that the pace [...]
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