An Average Day in the Exponential Economy
Posted in Life Science/Pharmaceutical
Imagine a world in which a battery yields a 400X improvement over existing power devices or iPod can download a movie in 5 seconds and is capable of storing a total of 30,000 feature length movies.
Well, you probably won’t have to imagine this future much past 2010 or 2011 because of the accelerating pace of technological advancement. Below are links to three articles that have hit the wires in just the past two days.
The first article is entitled “Texas Startup Says It Has Batteries Beat” and it explains how a company called EEStor is working to develop new battery technology that can potentially recharge an automobile in 5 minutes and then allow it to drive for 500 miles.
This press release from IBM explains how two new breakthroughs in the field of nanotechnology stand poised to revolutionize both the data storage and semiconductor manufacturing industries.
And finally, this article from today’s Technology Review discusses some new wireless technology that will allow information to be transferred at a rate of 15 gigabits per second (up from today’s existing technology which can only transfer at a rate of 480 megabits per second).
In each case, these separate technological advances will render existing industries obsolete, while at the same time opening up a number of exciting new business possibilities. In order to “Jump the Curve” and prosper tomorrow, the Exponential Executive needs to begin thinking differently about these exciting breakthroughs – today!
Jack Uldrich is a writer, public speaker and host of jumpthecurve.net. He is the author of seven books, including Jump the Curve and The Next Big Thing is Really Small: How Nanotechnology Will Change the Future of Your Business. He is also a frequenter speaker on future trends, innovation, change management and executive leadership.