Quote by Daniel Yergin

People always underestimate the impact of technology. To give you an example: In the 1970s the frontier for offshore development was 200 meters, today it is 4,000 meters.


People always underestimate the impact of technology. To giv

Summary

This quote highlights how technology is often underestimated in terms of its transformative power. Using the example of offshore development, it demonstrates how technological advancements have increased capabilities exponentially over time. In the 1970s, the furthest offshore development could reach was 200 meters, whereas today it has extended to 4,000 meters. This illustrates the significant progress made, emphasizing that technology can push boundaries and open new possibilities that may not have been anticipated.

By Daniel Yergin
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