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High-tech
High technology (high tech), also known as advanced technology (advanced tech) or exotechnology, is technology that is at the cutting edge: the highest form of technology available. It can be defined as either the most complex or the newest technology on the market. The opposite of high tech is ''low technology'', referring to simple, often traditional or mechanical technology; for example, a slide rule is a low-tech calculating device. When high tech becomes old, it becomes low tech, for example vacuum tube electronics. The phrase was used in a 1958 ''The New York Times'' story advocating "atomic energy" for Europe: "... Western Europe, with its dense population and its high technology ...." Robert Metz used the term in a financial column in 1969, saying Arthur H. Collins of Collins Radio "controls a score of high technology patents in a variety of fields." and in a 1971 article used the abbreviated form, "high tech." A widely used classification of high-technological manuf ...
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Low Technology
Low technology (low tech; adjective forms: low-technology, low-tech, lo-tech) is simple technology, as opposed to ''high technology''. History Historical origin Primitive technologies such as bushcraft, tools that use wood, stone, whool, etc. can be seen as ''low-tech'', as the pre-industrial revolution machines such as windmills or sailboats. In the 70s The economic boom after the war resulted in a doubt on progress, technology and infinite growth at the beginning of the 70s, notably with through the report The Limits to Growth (1972). Many have sought to define what soft technologies are, leading to the ''low-tech'' movement. Such technologies have been described as "intermediaries" (E.F. Schumacher),. "liberating" ( M. Bookchin), or even democratic. Thus, a philosophy of advocating a widespread use of soft technologies was developed in the United States, and many studies were carried out in those years, in particular by researchers like Langdon Winner. 2000s a ...
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Disruptive Innovation
In business theory, disruptive innovation is innovation that creates a new market and value network or enters at the bottom of an existing market and eventually displaces established market-leading firms, products, and alliances. The concept was developed by the American academic Clayton Christensen and his collaborators beginning in 1995, and has been called the most influential business idea of the early 21st century. Lingfei Wu, Dashun Wang, and James A. Evans generalized this term to identify disruptive science and technological advances from more than 65 million papers, patents and software products that span the period 1954–2014. Their work was featured as the cover of the February 2019 issue of ''Nature'' and was selected as the Altmetric 100 most-discussed work in 2019. Not all innovations are disruptive, even if they are revolutionary. For example, the first automobiles in the late 19th century were not a disruptive innovation, because early automobiles were expen ...
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High-touch
High-touch refers to the involvement of personal attention and service. In business, the term often refers to situations where trust between the customer and employed individual(s) is necessary. High-touch areas include: medicine, wealth management, real estate, and legal. Stock trading done by humans, as opposed to automated trading or using online brokers, is also referred to as high-touch. Origins The term was coined in 1982 by John Naisbitt in his book ''Megatrends''. It was explored further by Naisbitt in his follow-up book ''High Tech/High Touch''. In medicine High-touch may also refer to the frequency in which a surface is touched. In pharmacology, high-touch may refer to medicines that require temperature control, ongoing drug management, or compliance monitoring. Related to High-Tech High-touch was coined as a term in response to "high tech." High-tech High technology (high tech), also known as advanced technology (advanced tech) or exotechnology, is technolog ...
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Innovation
Innovation is the practical implementation of ideas that result in the introduction of new goods or service (economics), services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity realizing or redistributing value". Others have different definitions; a common element in the definitions is a focus on newness, improvement, and spread of ideas or technologies. Innovation often takes place through the development of more-effective product (business), products, processes, Service (economics), services, technologies, art works or business models that innovators make available to Market (economics), markets, governments and society. Innovation is related to, but not the same as, invention: innovation is more apt to involve the practical implementation of an invention (i.e. new / improved ability) to make a meaningful impact in a market or society, and not all innovations require a new invention. Tech ...
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Big Tech
Big Tech, also known as the Tech Giants, refers to the most dominant companies in the information technology industry, mostly located in the United States. The term also refers to the four or five largest American tech companies, called the Big Four or Big Five, which consists of Alphabet ( Google), Amazon, Apple, and Meta ( Facebook), with Microsoft completing the Big Five. The tech giants are dominant players in their respective areas of technology: artificial intelligence, e-commerce, online advertising, consumer electronics, cloud computing, computer software, media streaming, smart home, self-driving cars, and social networking. They are among the most valuable public companies, having had a maximum market capitalization from around 1 to above 3 trillion U.S. dollars. In December 2021 and November 2022 respectively, Meta and Amazon fell below their trillion dollar market caps. They are also considered among the most prestigious employers in the world, especi ...
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Electronics Industry
The electronics industry is the economic sector that produces electronic devices. It emerged in the 20th century and is today one of the largest global industries. Contemporary society uses a vast array of electronic devices built-in automated or semi-automated factories operated by the industry. Products are primarily assembled from metal-oxide-semiconductor (MOS) transistors and integrated circuits, the latter principally by photolithography and often on printed circuit boards. The industry's size, the use of toxic materials, and the difficulty of recycling have led to a series of problems with electronic waste. International regulation and environmental legislation have been developed to address the issues. The electronics industry consists of various sectors. The central driving force behind the entire electronics industry is the semiconductor industry sector, which has annual sales of over as of 2018. The largest industry sector is e-commerce, which generated over in 2 ...
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Semiconductor Industry
The semiconductor industry is the aggregate of companies engaged in the design and fabrication of semiconductors and semiconductor devices, such as transistors and integrated circuits. It formed around 1960, once the fabrication of semiconductor devices became a viable business. The industry's annual semiconductor sales revenue has since grown to over , as of 2018. The semiconductor industry is in turn the driving force behind the wider electronics industry, with annual power electronics sales of £135billion () as of 2011, annual consumer electronics sales expected to reach by 2020, tech industry sales expected to reach in 2019, and e-commerce with over in 2017. In 2019, 32.4% of the semiconductor market segment was for networks and communications devices. In 2021, the sales of semiconductors reached a record $555.9 billion, up 26.2 percent with sales in China reaching $192.5 billion, according to the Semiconductor Industry Association. A record 1.15 trillion sem ...
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List Of Emerging Technologies
This is a list of emerging technologies, in-development technical innovations with significant potential in their applications. The criteria for this list is that the technology must: # Exist in some way; purely hypothetical technologies cannot be considered emerging and should be covered in the list of hypothetical technologies instead. However, technologies being actively researched and prototyped are acceptable. # Have a Wikipedia article or adjacent citation covering them. # Not be widely used yet. Mainstream or extensively commercialized technologies can no longer be considered emerging. Agriculture Construction Electronics, IT, and communications Entertainment Optoelectronics Energy Materials and textiles Medicine Neuroscience Military Space Transport See also General: * Anthropogenics * Differential technological development *Diffusion of innovations *Disruptive innovation * Ecological modernization * Environmental technolo ...
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Industrial Design
Industrial design is a process of design applied to physical products that are to be manufactured by mass production. It is the creative act of determining and defining a product's form and features, which takes place in advance of the manufacture or production of the product. It consists purely of repeated, often automated, replication, while craft-based design is a process or approach in which the form of the product is determined by the product's creator largely concurrent with the act of its production. All manufactured products are the result of a design process, but the nature of this process can vary. It can be conducted by an individual or a team, and such a team could include people with varied expertise (e.g. designers, engineers, business experts, etc.). It can emphasize intuitive creativity or calculated scientific decision-making, and often emphasizes a mix of both. It can be influenced by factors as varied as materials, production processes, business strateg ...
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Intermediate Technology
Appropriate technology is a movement (and its manifestations) encompassing technological choice and application that is small-scale, affordable by locals, decentralized, labor-intensive, energy-efficient, environmentally sustainable, and locally autonomous. It was originally articulated as intermediate technology by the economist Ernst Friedrich "Fritz" Schumacher in his work ''Small Is Beautiful.'' Both Schumacher and many modern-day proponents of appropriate technology also emphasize the technology as people-centered. Appropriate technology has been used to address issues in a wide range of fields. Well-known examples of appropriate technology applications include: bike- and hand-powered water pumps (and other self-powered equipment), the universal nut sheller, self-contained solar lamps and streetlights, and passive solar building designs. Today appropriate technology is often developed using open source principles, which have led to ''open-source appropriate technology'' ...
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Quantum Technology
Quantum technology is an Emerging technologies, emerging field of physics and engineering, encompassing technologies that rely on the properties of quantum mechanics, especially quantum entanglement, quantum superposition, and quantum tunnelling, quantum tunneling. Quantum computing, quantum sensor, sensors, quantum cryptography, cryptography, simulation, quantum metrology, measurement, and quantum imaging, imaging are all examples of emerging quantum technologies. The development of quantum technology also heavily impacts established fields such as space exploration. Secure communications Quantum secure communication is a method that is expected to be 'quantum safe' in the advent of quantum computing systems that could break current cryptography systems using methods such as Shor's algorithm. These methods include Quantum key distribution, quantum key distribution (QKD), a method of transmitting information using entangled light in a way that makes any interception of the tra ...
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Nuclear Technology
Nuclear technology is technology that involves the nuclear reactions of atomic nuclei. Among the notable nuclear technologies are nuclear reactors, nuclear medicine and nuclear weapons. It is also used, among other things, in smoke detectors and gun sights. History and scientific background Discovery The vast majority of common, natural phenomena on Earth only involve gravity and electromagnetism, and not nuclear reactions. This is because atomic nuclei are generally kept apart because they contain positive electrical charges and therefore repel each other. In 1896, Henri Becquerel was investigating phosphorescence in uranium salts when he discovered a new phenomenon which came to be called radioactivity. He, Pierre Curie and Marie Curie began investigating the phenomenon. In the process, they isolated the element radium, which is highly radioactive. They discovered that radioactive materials produce intense, penetrating rays of three distinct sorts, which they labeled ...
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