Sun, Mar 15, 2015
At Singularity University we have a slide which shows you the ever-increasing rate of (technological) change.
In 1903 the Wright brother’s completed the first powered flight near Kitty Hawk, North Carolina. Only 66 years later, on March 2nd, 1969, the Concorde brought supersonic flight to the masses (at least for the ones who could afford it).
When you index all the technological change which has happened between the beginning of the last century and 1970, and compare it to later periods you will find that:
Technological change is on an exponential acceleration curve.
And here’s why this is important for you:
If you build your company on today’s technology you’re pretty much outdated the moment you hit the market. You need to explore the future, anticipate trends and build for the time to come.
Godspeed fellow entrepreneurs! Onward and upward.