The Life-Cycle of Technology

On occasion, I blog about the ways society reacts to new technology. Today I’ll consider the life-cycle of a technology.

Graphing a technology’s life-cycle isn’t new. You can see this graph on Wikipedia. It’s the standard view of the profitability of a new technology over its life, including the four phases: Research and Development, Ascent, Maturity, and Decline.

I’ve built on the standard technology life-cycle curve by adding several points of interest to it. These don’t occur with every...