Whether it's steamships disrupted by the railroads or railroads disrupted by the airlines, it's typically the large entrenched incumbents that are displaced by innovators.
From Peter Diamandis
The Department of Energy made an investment that failed, and it got raked over the coals for that failed investment. This is ridiculous. The fact of the matter is, the government should be making a lot of risky investments, the majority of which are likely to fail.
As of the mid-90s, over 50 percent of women have a bachelor's and master's degree, compared to about 35 percent and 30 percent, respectively, in 1920.
It used to be that the only ones with access to cutting-edge technology were top government labs, big companies and the ultra-rich. It was simply too expensive for the rest of us to afford.
With faster Internet and better computers, you'd better believe we're creating and consuming more digital data.
Remember when vacation photos meant toting along a bulky camera?
If you've been wondering where the next gold rush is going to take place, look up at the night sky to our closest celestial neighbor. The next economic boom might just be a mere 240,000 miles away on the bella luna.
Today, we don't blink an eye when the world's wealthiest individuals donate enormous sums of money to charitable causes. In fact, we expect them to do so.
If you look back 600 years ago, royals' sole goal was to keep their wealth within the family.
Large-scale philanthropy, based in the private - not the public - sector, is a relatively recent historical development.
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