Examples of Companies Currently in Each of the Five Phases of the Hype Cycle | Summary and Q&A
TL;DR
Virtual reality and cancer immunotherapy are promising technology triggers. Autonomous cars and mobile technology may be overhyped. 3D printing is in the trough of disillusionment, while data centers and ecommerce have reached the plateau of productivity.
Key Insights
- ♋ Virtual reality and cancer immunotherapy are expected to have a significant impact on various industries.
- 🚗 Autonomous cars and mobile technology may not progress as rapidly as anticipated.
- ❓ 3D printing has experienced a decline in stock values and is in the trough of disillusionment.
- ❓ Data centers and ecommerce have reached a stable stage of productivity.
- ❓ Technologies go through different stages of hype and expectation before reaching maturity.
- ⌛ The understanding and acceptance of technology can evolve over time.
- 🚨 Keeping realistic expectations is crucial when assessing the potential of emerging technologies.
Transcript
David Gardner: And now I just wanna quickly trace back over each of those, and give you some examples of where I think things are today. Back to tech triggers; I just have two quick ones today for you to think about. I would say that virtual reality is very much in technology trigger phase. I think we all kind of expect that, in fact, the Oculus Ri... Read More
Questions & Answers
Q: What are some examples of technology triggers?
Virtual reality and cancer immunotherapy are two notable examples. Virtual reality has the potential to transform various industries, while cancer immunotherapy shows promise in revolutionizing cancer treatment by utilizing the body's own immune system.
Q: Why might autonomous cars and mobile technology be overhyped?
Although the development of autonomous cars is progressing, it is not expected to happen as quickly as some may anticipate. Similarly, while mobile technology has been revolutionary, assuming that all growth and innovation solely come from this sector may be an overestimation.
Q: How has 3D printing progressed?
3D printing was initially hailed as a groundbreaking technology and experienced significant growth. However, many of the associated stocks have seen a significant decline in value, indicating that the technology may have entered the trough of disillusionment.
Q: Which technologies have reached the plateau of productivity?
Data centers, essential for cloud computing, have been recognized as a real and lasting technology. Ecommerce has also reached the plateau of productivity, as it is now inherent in numerous companies and no longer discussed as a separate entity.
Summary & Key Takeaways
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Virtual reality and cancer immunotherapy are emerging as significant technology triggers with potential for high value creation.
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Autonomous cars and mobile technology may not develop as quickly as expected, despite their potential benefits.
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3D printing has experienced a significant decline in value and is currently in the trough of disillusionment.
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Data centers have proven to be a crucial component of cloud computing, while ecommerce has become so ubiquitous that it is no longer discussed as a separate entity.