Quotes About Innovation

the cost of storing information is approaching zero (storing 1GB costs an average of less than $0.03 a year today, compared to more than $10,000 20 years ago).

The app economy provides an example of a new job ecosystem. It only began in 2008 when Steve Jobs, the founder of Apple, let outside developers create applications for the iPhone. By mid-2015, the global app economy was expected to generate over $100 billion in revenues, surpassing the film industry, which has been in existence for over a century.

Las empresas capaces de combinar múltiples dimensiones —digital, física y biológica— a menudo son exitosas en generar una disrupción de toda una industria y sus sistemas de producción, distribución y consumo.

This book is organized in three chapters. The first is an overview of the fourth industrial revolution. The second presents the main transformative technologies. The third provides a deep dive into the impact of the revolution and some of the policy challenges it poses. I conclude by suggesting practical ideas and solutions on how best to adapt, shape and harness the potential of this great transformation.

Since the first Industrial Revolution, the average real income per person in OECD economies has increased around 2,900%.

To paraphrase Madeleine Albright, we face the task of understanding and governing 21st-century technologies with a 20th-century mindset and 19th-century institutions.

According to the innovation charity Nesta in the UK, the five cities that are globally best placed in terms of having the most effective policy environment to foster innovation are: New York, London, Helsinki, Barcelona and Amsterdam.

Productivity is the most important determinant of long-term growth and rising living standards so its absence, if maintained throughout the forth industrial revolution, means that we will have less of each.

As media strategist Tom Goodwin wrote in a TechCrunch article in March 2015: "Uber, the world's largest taxi company, owns no vehicles. Facebook, the world's most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world's largest accommodation provider, owns no real estate.

An estimated 90% of the world's data has been created in the past two years, and the amount of information created by businesses is doubling every 1.2 years.

interaction across the physical, digital and biological domains that make the fourth industrial revolution fundamentally different from previous revolutions.

New technologies will dramatically change the nature of work across all industries and occupations.

Businesses, industries and corporations will face continuous Darwinian pressures and as such, the philosophy of "always in beta" (always evolving) will become more prevalent. This suggests that the global number of entrepreneurs and intrapreneurs (enterprising company managers) will increase. Small and medium-sized enterprises will have the advantages of speed and the agility needed to deal with disruption and innovation.

As media strategist Tom Goodwin wrote in a TechCrunch article in March 2015: "Uber, the world's largest taxi company, owns no vehicles. Facebook, the world's most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world's largest accommodation provider, owns no real estate."9

In the automotive realm, a car is now a computer on wheels, with electronics representing roughly 40% of the cost of a car.

strategies which primarily focus on reducing costs will be less effective than those which are based on offering products and services in more innovative ways. As we see today, established companies are being put under extreme pressure by emerging disruptors and innovators from other industries and countries. The same could be said for countries that do not recognize the need to focus on building their innovation ecosystems accordingly.

the second machine age"2

while AI is busy improving itself, robotics' industry spending is set to exceed $135 billion in 2019, nearly double its 2015 figure.[132] Not only will vehicles lose their drivers, the vehicles themselves are likely to be built by robots, especially since the automotive industry is the number one buyer of automated robots

AI, robots and humans work better when they work together. Human chess players in collaboration with AI chess programmes consistently beat both other humans and other computers working on their own.

The long, long road over the moors and up into the forest - who trod it into being first of all? Man, a human being, the first that came here. There was no path before he came.

Some stories, some visions, demand celluloid film and what it can deliver.

EDUCATION IS THE PREMISE OF PROGRESS

The Faculty of Technology of Tohoku University is renowned for its tradition of practical studies.

Most of the work performed by a development engineer results in failure.