When I was a child the innovations of the day included black-and-white televisions, copy machines and the first satellite, Sputnik. Truly groundbreaking innovation came once a year or even less frequently. But more recently, technological innovation has moved at the speed of light. In recent years I have witnessed the birth of the Internet, DVR, HDTV, Blu-ray, satellite radio and MP3, to name just a few.
The slow pace of innovation of my childhood is particularly stark to me given that I get to enjoy amazing new technological advances through the eyes of my own one-year-old child. Advances that took years in my youth will take weeks in his. My son's childhood will be filled with e-books, 3-D, GPS and more. I can't even imagine what astonishing technologies will be part of his life. But my fear is that his future won't include the rapid pace of innovation that we have enjoyed in recent years. What if decades roll by and innovation stands still?
Innovation in America: An Autobahn, or A Suburban Street with Speed Bumps?