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S-curves can also be very useful for understanding the rate of technology adoption. The categories describing this rate are innovators, early adopters, early majority, late majority, and laggards. Obviously, if one is interested in technology from the standpoint of investing, being an innovator or early adopter is likely to have the most benefit. On the other hand, if one is thinking about this as a consumer, innovators and early adopters are likely to get products with less maturity, fewer capabilities, and perhaps some flaws for the price of early entry into the market. At the other end of ...more
The Story of Technology: How We Got Here and What the Future Holds
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