Understanding How to Incorporate Exponential Technologies
Getting comfortable with exponential technologies is becoming less difficult, given the number of examples of their current use. The Internet of Things, artificial intelligence, the slow death of internal combustion engines and the rise of the electric car (and truck, and motorcycle, etc.), are a few examples of what exponential technologies have given us. Even more interesting are the opportunities presented by the merger of two or more exponential technologies to create a whole new industry. Think the battery-powered driverless vehicle. Read more in this blog about bringing these ideas together. Remembering the "Good Old Days" There was a time in our manufacturing history when relentless incremental improvement was a sought after methodology to apply. Indeed, between that process and just-in-time (JIT) inventory management, the Japanese almost crushed the US auto business. Fortunately we were able to eat enough humble pie to acknowledge our mistakes and recover....