The 3 Big Technologies To Watch Over The Next Decade — Genomics, Nanotechnology and Robotics

graphene-metal-hexagonsMany people take it as an article of faith that technology is changing the world, but in his new book, The Rise and Fall of American Growth, economist Robert Gordon says otherwise. He points out—accurately—that productivity, which surged between 1920 and 1970, has stalled since then and is likely to stay that way.

The reason, he argues, is that earlier technologies, such as electricity, the internal combustion engine and antibiotics, had far ranging effects while digital technology is fairly narrow by comparison. It’s a serious argument and he may well very be right, but it also fails to take into account important second order effects.

In his 2005 book, The Singularity Is Near, computer scientist and inventor Ray Kurzweil explained that the endpoint of digital technology wouldn’t be better devices and apps, but new technologies such as genomics, nanotechnology and robotics. Today, these are just beginning to have an impact, but over the next decade they will determine whether Gordon is right or not.

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About Peter Coffaro 1149 Articles

A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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