Wednesday, April 11, 2012

Adaption & Adoption

I have long contended that perhaps the greatest period for change was the beginning of the 20th century, when we went from horse & buggies and outhouses to consumer machines, such as cars and telephones. Lifestyles may have changed a lot in that period, but I don't think there is much question that the speed of new technology adoption has increased. Today we have the resources and the willingness to adopt and adapt to new technology faster than ever. Perhaps the changes aren't as severe, but they are quicker, if for no other reason than logistics.

Here is a chart showing how quickly some consumer products penetrated U.S. households. Obviously there are many factors in the speed of adopting new technology. How useful is it? How developed is the infrastructure? Cost, etc. I found this fascinating.  This is from the web site Asymco and Horace Dediu.

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