From SpaceX to AI: How New Inventions Make New Winners Overnight ft. John Steele Gordon

This script delves into the impact of major technological innovations, from the steam engine and electricity to the internet and artificial intelligence, on societal progress and industry leadership. It outlines how each new wave of technology brings about a shift in the market, allowing new winners to emerge and leaving once-dominant companies struggling to catch up. John discusses examples such as Kodak, Nokia, and BlackBerry to illustrate how failure to adapt to digital and smartphone revolutions led to their decline. He also touches on the speed at which technology evolves today compared to the past, emphasizing the need for current businesses to stay alert to innovations like reusable rockets by SpaceX to remain competitive. 00:00 Exploring the Waves of Innovation: From Steam to AI 00:42 The Unpredictable Game of Technological Winners and Losers 01:24 Case Studies: Kodak, Nokia, and BlackBerry's Missed Opportunities 02:27 The Accelerating Pace of Technological Change 03:38 The Revolutionary Impact of Reusable Rockets #TechRevolution, #Innovation, #TechTrends, #WinnersAndLosers, #TechAdaptation, #StayRelevant, #StayParanoid, #TechInnovations, #SpaceX, #InnovativeTech