Innovations trigger more innovations - Deepstash

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Innovations trigger more innovations

Innovations usually begin with an attempt to solve a specific problem, but they end up triggering other changes that would have been very difficult to predict. An innovation in one field ends up encouraging changes in different domains.

  • Right now, many biotech companies are focused on finding a solution to one virus. It could create a fertile ground for new medical discoveries, new manufacturing and distribution methods, a newfound respect for science and medicine.
  • A shift to remote work could make cities more livable and rural areas more prosperous.
  • The value, price, and product of education have fundamentally shifted, creating new opportunities in delivering affordable education.

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MORE IDEAS FROM THE SAME ARTICLE

  • While the 1920s were the era of the automobile, the construction of roads took off in the 1930s with multilane engineering marvels, including the George Washington, Golden Gate, and Bay Bridges, cutting travel times.
  • Electrification surged in the 1930s. Power was brought to farms. ...

Two of the biggest innovations of modern times are cars and airplanes. At first, every new invention looks like a toy. It takes decades for people to realise the potential of it.

There are three types of incentives:

The biggest innovations seldom happen when everyone's happy or safe. They happen when people are a little panicked and worried, and when they have to act quickly.

The big technical leap of the 1930s could not have happened without the devastation of the depression. However, there is a limit to stress-induced innovation: The foundations of the economy itself should remain intact to support new ideas and innovations.

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