“If future generations are to remember us more with gratitude than sorrow, we must achieve more than just the miracles of technology. We must also leave them a glimpse of the world as it was created, not just as it looked when we got through with it.”Lyndon B. Johnson, Former President of the United States of America
92% of the world’s currency is digital
This means that most of the money you earn, transact with, use to buy goods/services and so on exists only on computers and hard drives. Only an estimated 8 per cent of currency globally is physical money.
All the black money piles come from within this 8 per cent. This is a fair estimate that economists seem to agree on though, not an exact figure. This low percentage seems absurd but when you stop to think, it makes sense considering that most large transactions are done electronically anyway.
Banks store electronically too and the 92 per cent includes all kinds of transactions done using credit/debit cards and wire transfers. Might be a good idea to revisit all those hacker movies where a nerdy computer hacker manages to siphon billions off in just a few minutes.
Domain name registrations were free till 1995
Nobody really knew what the internet was capable of back then and this was a huge opportunity for people to own all kinds of do domain names. It was in 1995 that a company called Network Solutions was granted the rights to charge people for domain names. And it was expensive too: prices typically started at $100 per two years of registration.
The QWERTY keyboard was explicitly designed to slow typing
Fans of the Dvorak Simplified Keyboard scoff at the inefficiencies of the QWERTY keyboard layout that most people use. Originally, however, QWERTY’s inefficiencies held a clear purpose: the keyboard design was intended to slow down users.
At one time, mechanical typewriters jammed if typists were too quick. QWERTY cut down on this problem. Today, we continue to use QWERTY because we’re accustomed to it, but many experts strongly favor alternate typing approaches
The technology for 3D printing has been around for decades, but it has only begun to attract attention in the past few years. The concept initially appeared during the 1980s, when it was referred to as Rapid Prototyping. Charles Hull successfully secured a patent for the stereolithography apparatus in 1986, and yet, the first commercially available 3D printer was not offered for sale until 2009.Since then significant market divergence has allowed for the introduction of 3D printing processes in several sectors and at every level of the market.
- There are 3.8 billion internet users every day.
- On average, each person has 2 to 8 networked gadgets.
- Approximately 8 billion gadgets connect on the internet every day.
- The desktop internet usage is falling while the mobile internet is rising.
- The invention of the internet is credited to computer scientists Vinton Cerf and Bob Kahn.
- Close to 1 million websites are born every day.
- Google has 3.8 million searches every minute, and it’s growing.
- Internet privacy is becoming a big issue. Therefore, some choose to stay away from heavy social media.
- As the years go by, more and more job traditional jobs will disappear. Instead, robots are poised to replace human work.
- Computer programming is currently one of the fastest-growing professions in the technology industry.
- Every month, hackers release around 6,000 computer viruses.
- “Non-human” intervention creates around 50% of internet traffic.
“A lot of companies have chosen to downsize, and maybe that was the right thing for them. We chose a different path. Our belief was that if we kept putting great products in front of customers, they would continue to open their wallets.”— Steve Job.
“Imagination is more important than knowledge. For knowledge is limited, whereas imagination embraces the entire world, stimulating progress, giving birth to evolution.”— Albert Einstein.
“Technology like art is a soaring exercise of the human imagination.” – Daniel Bell
All of the biggest technological inventions created by man – the airplane, the automobile, the computer – says little about his intelligence, but speaks volumes about his laziness. – Mark Kennedy
This is the whole point of technology. It creates an appetite for immortality on the one hand. It threatens universal extinction on the other. Technology is lust removed from nature. – Don DeLillo
Science and technology revolutionize our lives, but memory, tradition and myth frame our response. – Arthur Schlesinger