Quote by Chris Anderson

The first stage in a technology's advance is that it'll fall below a critical price. After it falls below a critical price, it will tend, if it's successful, to rise above a critical mass, a penetration.

The first stage in a technology's advance is that it'll fall

Summary

This quote suggests that for a new technology to progress and become widely adopted, it first needs to become affordable enough for people to purchase it. Once the price becomes accessible, the technology has the potential to gain momentum and widespread adoption, increasing its market penetration. This highlights the importance of cost and market reach in the success and advancement of any technology.

Topics

Technology

By Chris Anderson

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