I don’t have a new innovation to post but instead had a hypothetical situation I thought would be interesting to discuss.
I was reading an article about the Nobel Prize winner Ivar Giaever. He stated that in science the basic laws of nature are known and that there is essentially nothing left to discover. He stated that many of the research being done today is simply expanding or improving upon existing truths.
Do you think the same rational can be applied to technology? Will we ever reach a point where there are no more truly new innovative technologies that create entirely new markets? Will there ever come a point where producers have to focus entirely on over and undershot consumers because all they can do is simply improve on older technology?
I think the idea has some validity. It made me think just how many undershot and overshot technologies were mentioned as examples of new innovations in this class. There are so many technologies like mobile phones for example that simply build upon older technology and there seems to be a technology that already exists for almost every task we have to do on a daily basis.