Technology Is Changing The World—Here’s How You Adapt

Stay relevant in the 21st century

In tech, people often talk about Moore’s law when they want to stress the pace of innovation. The law comes from Gordon Moore, a co-founder of tech giant Intel, who observed that the chips in our computers double their computing power every two years.

This compounded annual growth in computing power is the key driving force of technological change and economic growth. To put this in perspective, if you buy a computer today, it’s likely 32 times faster than a computer you could buy in 2010.

No other industry or technology innovates this fast. This is comparing apples with oranges, but a 2010 gas-powered car is maybe a few percentage points more energy efficient than an average car you can buy today.

Adapt or die: Understanding technological change

In my experience, the majority of professionals still underestimate the power of technological change. Just think about the things you can do now, compared to a few years ago.

While we’re good at noticing how fast our new smartphone is, we are often oblivious to its implications in our careers. Every time I read about some kind of new technology, I immediately think, “How can this tech replace my…