Wednesday, June 22, 2011

If you think changes have been happening quickly in the past, hold on, future changes will happen much more quickly than in the past

Very, very interesting articles – good food for thought – from the blog-site of McKinsey & Co, one of the world’s premier management consulting practices.

One of these articles talks about the “pace of change” in technology and how the pace of change is increasing faster and faster.

As to reprographers, think back “just” 20 years ago, think about how reprographics businesses were operating back then, how customers used us, what they used us for, the volume of printing work we did for them. Then, think about “where we are now”. And, then, think about where the reprographics business will be five years from now, ten years from now, 20 years from now. Technology advancements, certainly those affecting reprographers and the volume of printing reprographers do, have come on very quickly the past five years. But, some are predicting that “change” will happen even faster in the future.

(1) The Debate Zone: Has the US passed peak productivity growth? (to access these articles, click on the authors’ names)

Yes. The big gains in the 20th century resulted from transformative innovations that are much rarer today. 

By Tyler Cowen

Technologies such as electricity, automobiles, radios, and airplanes transformed the way we lived and worked in the last century. Innovations today, including the Internet, have less impact on our lives—and our productivity.

No. We’ve only just begun to reap the productivity benefits of digital technology.

By Andrew McAfee and Erik Brynjolfsson

As ubiquitous as the computer chip seems, there are still areas, such as mining and agriculture, that have yet to take full advantage of it. In addition, the technology itself keeps improving. This means the opportunities for productivity gains will keep increasing as well.

(2) The next golden age of innovation

By Irving Wladawsky-Berger

17 May 2011

(3) Reducing the drag on the American economy

By Lenny Mendonca and Laura D'Andrea Tyson

1 June 2011

No comments:

Post a Comment