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Today: a lot of innovations, but mostly trivial

Today's innovations and startups are:

  • Smaller than what we saw 20 or 30 years ago
  • Apps masquerading as platforms, platforms masquerading as breakthroughs
  • Coming from startup incubators, not labs or garages
  • Rarely push the boundaries of basic or even applied science
  • Trivial or even laughable ventures than truly disruptive technologies.

There's a lot happening today (thanks to democratization of entrepreneurship with easier funding), but the disappointment is that these innovations/startups are not changing the world.

Source: HBR Oct2014

Comments

  1. Agreed Pradeep.. Innovation is becoming a fashion statement vs making difference to human life or environment we live in.

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