A note from Daniel

each of those sets of technological breakthroughs spreads far beyond the confines of the industries and sectors where they originally developed. Each provides a set of interrelated generic technologies and organizational principles that allows and fosters a quantum jump in potential productivity for practically all economic activities. This leads each time to the modernization and regeneration of the whole productive system, so that the general level of efficiency rises to a new height every 50 years or so.

Daniel Technological Revolutions And Financial Capital, page 8 · February 20, 2024 Save to shelf

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Daniel p. 12

pinpointing the date of the big-bang of each technological revolution is a useful device to facilitate the understanding of the chain of processes that follow. The event in question, though apparently small and relatively isolated, is experienced by the pioneers of the time as the discovery of a new territory, as a powerful announcement of what those technologies can offer far into the future and as a call for entrepreneurial action.

Daniel Feb 21, 2024

Daniel p. 10

The Industrial Revolution was the name given to the irruption of the machine and the inauguration of the Industrial Age. It was common in the mid-nineteenth century for people to refer to their time as the Age of Steam and Railways and, later on, when steel replaced iron and science transformed industry, the name was the Age of Steel and Electricity. By the 1920s it was the Age of the Automobile and Mass Production and, since the 1970s, the terms Information Age or Knowledge Society are in increasingly common usage.

Daniel Feb 21, 2024

Daniel p. 9

Each technological revolution, then, is an explosion of new products, industries and infrastructures that gradually gives rise to a new techno-economic paradigm, which guides entrepreneurs, managers, innovators, investors and consumers, both in their individual decisions and in their interactions, for the whole period of propagation of that set of technologies.

Daniel Feb 20, 2024

Daniel p. 8

A technological revolution can be defined as a powerful and highly visible cluster of new and dynamic technologies, products and industries, capable of bringing about an upheaval in the whole fabric of the economy and of propelling a long-term upsurge of development.

Daniel Feb 20, 2024

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• Being motivated and curious counts for more than being smart because it leads to action. • It is desire, not intelligence, that prompts behavior.

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Our limits lie in our thinking. You need to root them out and rework them. A lack of self-belief will fundamentally change how you direct your actions...across all facets of your life. The person who thinks they "might not be capable" of being the next CTO will fill themselves with anxiety and be less likely to take any chances, even if they get there. Chances that might showcase their talents and make them outstanding in their work.

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