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EP138 W. Brian Arthur on the Nature of Technology

The Jim Rutt Show

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Is Every Technology Made of Sub Components?

I was working on increasing returns for what's now come to be called network effects in the early 19 eighties. And i began to read a lot about technologies, and it kind of resdirected my engine ring background. I noticed that all of these technologies had something in common. They were all put together or constructed. Think of a red or set or a television set, they were put together from components that already existed. So i began to realize that jet engines were not made of jet engines all the way down,. but technologies were combine tions of other sub technologies and sub assemblies.

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