Merging Technological PhenomenaAugust 3, 2022
When a technology is born, it begins to integrate multiple independent technologies. For example, the smartphone combines a phone, a computer, a camera, a music player, a GPS navigation system, and much more. This is what is called “the smartphone effect” and it has created a $350 billion industry. However, technological convergence is not necessarily a bad thing. The downside is that this phenomenon may lead to a plethora of new products that don’t yet exist.
A technology’s development involves the integration of numerous separate technologies. The smartphone, for instance, integrates many different devices into one, including a phone, a computer, a camera, a music player, a GPS navigation system, and more. This phenomenon, known as “the smartphone effect,” has given rise to a $350 billion business. However, there are certain benefits to technological convergence. The drawback is that this phenomena can give rise to a huge number of brand-new products that don’t already exist.
The development of a technology requires the fusion of multiple distinct technologies. For instance, the smartphone combines several separate gadgets into one, such as a phone, a computer, a camera, a music player, a GPS navigation system, and more. The “smartphone effect” is a phenomena that has generated a $350 billion industry. There are certain advantages to technological convergence, though. The disadvantage is that this phenomenon may lead to a significant number of novel products that don’t now exist.