Whither Moore’s Law” in Christensen’s book and Tom Standage’s “Victorian Internet” go very well together. Just as the telegraph was the beginning of many great inventions in the communication domain, Moore’s Law contributed greatly in many electronic manufacturing domains as well.
Standage argues that new technologies inspire unrealistic hopes for universal understanding and peace. He does a good job in showing the dramatic changes in the past, the telegraph brought to how business was conducted, news was reported and humanity viewed its world. Any new-given technology is a result of already-existed ones, and it has such a drastic impact on societies and even eras. Financial and social factors are great contributors to the industry change. While we are accustomed to saying how the rate of change is accelerating nowadays, it may be claimed that the changes of the late 1800s and early 1900s were even greater. With the telegraph invention, people and governments all over the world were able to send and receive messages about politics, war, illness, and family events. Once it became possible to communicate instantly from one coast to the other, this invention had become the talk of the world and consequently was adopted by many big businesses.
Moore’s Law chapter addresses why entrants, not big firms, created this industry, and how changes in the industry and in market needs are likely to affect future dynamics. It looks at which portions of the industry are likely to grow profitably, and which may languish and slide to be commodities. It sets the goal of the book which is how to demonstrate using theories of disruptive innovation to conduct an analysis of how innovation will change an industry. In addition, the semiconductor industry lies at the epicenter of high technology. Therefore, all technologies in general are related to each other to a distinct degree.
1. What do you think would accelerate the industry change in the future? The emergence of what and why?
2. Explain how disruptive innovations would contribute in changing an industry?
3. How the birth of telephone and the explosion of wireless technologies are related to The Victorian Internet?