Bitcoin and 3-D printing aren’t just successful commercial innovations, but signals of a larger societal reset.
Every so often, a novel technology emerges that propels society forward. The 1974 release of the first personal computer, the subsequent birth of the Internet, and the development of cellular technology are all prime examples. These weren’t just exciting business innovations, but exponentially valuable ones that changed society in countless ways.
These “exponential technologies” have an impact that extends beyond the limited notion of commercial success, or even shared value. They allow us to do more, learn more, and earn more than ever before. They transform our usual ways of thinking, behaving, and relating to one another. They empower and enrich the lives of many people, not just an elite few.
Right now we’re seeing an unusual explosion of society-shaping, exponential technologies. But why?
Take a closer look at the technology-powered brands and platforms making headlines today: Bitcoin, Boom Financial, CommonBond, Prosper, Airbnb, Tesla, Oculus VR, Wikileaks, 3-D printing, crowd sourcing, crowd funding, peer-to-peer lending, and so on. Each of these platforms just passed a threshold of popular acceptance, while the value of each one is ready to explode, if it hasn’t already. But market acceptance is just the tip of the iceberg.
Collectively, today’s exponential technologies hint at a larger trend–a societal reset now underway.
Consider for a moment these common traits: