We have a notion that big changes in techology and capabilities are fostered primarily by small firms and teams of innovators. Often, that is correct.
Sometimes, though, innovation requires action by big, wealthy firms. Only a big firm such as Apple likely could have changed the way mobile devices are brought to market by cellular communications firms.
Likewise, sometimes firms have to be able to invest quite a lot in regulatory changes. That appears to be the case for delivery drones. The Federal Aviation Administration will have to be convinced that use of drones for all sorts of purposes is safe.
No small firm will be able to supply the evidence or push through big changes in policy.
Sunday, August 31, 2014
Sometimes Disruption Requires Big Firms
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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