Optical Disk (CD/DVD)“If it was any good, IBM would have already invented it.” James Russell CD’s and DVD’s increase convenience from analog tapes for music and video. Users may instantly jump to songs or parts of a video. Unlike tapes, CD’s and DVD’s never wear out reducing replacement media cost. David Paul Gregg In 1961, Gregg claims … Continue reading "Optical Disk (CD/DVD)"
Surgical DisinfectantSurgical disinfectant vastly reduces the risk of infection and subsequent disease and death. Lister, building on the work of Pasteur and Semmelweis, insisted that surgery and surgical equipment be cleaned with carbolic acid, an early attempt at sterilization. Before Lister, surgeons would not change their clothes: more blood showed more experience. Semmelweis advanced similar ideas, … Continue reading "Surgical Disinfectant"
CamcorderThe camcorder combined a camera and videotape player into one handheld unit. It made moviemaking exponentially easier and less expensive, opening the field to countless new auteurs. Background The first video making system offered for the home was by Ampex. Advertised in the 1963 Neiman Marcus Christmas catalog it cost $30,000 ($247,201 adjusted to 2018) … Continue reading "Camcorder"
Easy CreditBackground Cyrus McCormick’s mechanical reaper revolutionalized agriculture. McCormick’s reaper enabled one man to harvest the same amount of grain in one day as he could in two weeks by hand. Since grain goes bad when not timely harvested, the reaper enabled farmers to plant far larger crops with commensurate profits. Additionally, the reaper lowered the … Continue reading "Easy Credit"
Hard Disk DriveDisk drives quickly store and retrieve information for computers. The primary inventor is Reynold “Rey” Johnson. Previously, he invented and sold the technology that reads pencil dots, usually for taking tests, to IBM. Subsequently, he then joined them as a staff engineer. While at IBM he developed the hard disk drive. The first hard drive, … Continue reading "Hard Disk Drive"
Tetraethyllead (Leaded Gasoline)Leaded gasoline prevented engine ping, making driving safer and more pleasant. Correspondingly, it also caused an enormous amount of extremely toxic pollution. Working for GM under the direct supervision of Charles Kettering at Dayton Research Laboratory, Midgley discovered the benefits of adding lead to gasoline. They named their innovation Tetraethyllead, avoiding any mention of lead, … Continue reading "Tetraethyllead (Leaded Gasoline)"
Credit ReportingAccurate credit reporting vastly lowered the risk of lending and, with it, the cost of capital. Lewis Tappan Tappan was a strident Christian who did not believe in credit. His brother and he went bankrupt, twice. Tappan and brothers were busybodies, known to snoop and report on New York City gaming houses, brothels, and other … Continue reading "Credit Reporting"
SubmarineSubmarines changed naval warfare, increasing the risk of maritime travel from hostile countries. Underwater ships have existed in various forms for ages. There was a semi-underwater boat built for Tsar Peter the Great in 1720, and also one allegedly built during the US revolution in 1776. Steamboat baron Robert Fulton built one for the French … Continue reading "Submarine"
Surgical AnesthesiaAnesthesia enables modern surgery, reducing pain and risk. Before anesthesia, patients were held down and surgeons would have to operate quickly. Amputations were common because surgeons did not have the time to do more complicated work before a patient went into shock from the pain. Ether is the first anesthesia. William Morton, a dentist, is … Continue reading "Surgical Anesthesia"
DefibrillatorClear! Defibrillators are the electric paddles that restart hearts. In 1957, Dr. Pantridge and Dr. John Geddes invented cardiopulmonary resuscitation (CPR). Eventually, he went on to innovate a portable defibrillator that weighed 70kg and ran from car batteries, installing it in a Belfast ambulance. No sooner did the devices prove effective then, by 1968, they … Continue reading "Defibrillator"
Automated Flour MillOliver Evans’ mill vastly lowered the cost while increasing the quality of flour. These mills automated the milling of flour much like Arkwright automated the creation of fabric. The automatic mills were popular with farmers. Evans automated mill reduced the time and increased the quality and consistency of flour. George Washington purchased one that is … Continue reading "Automated Flour Mill"
Reasonably Priced Business Computer (IBM/360)The IBM/360 is the first mass computer, designed as a general-purpose computer affordable for mid-sized businesses yet powerful enough for large enterprises. Background In 1962, IBM’s revenue was $2.5 billion. CEO Thomas Watson Jr. believed in the vision of a general-purpose computer that supports timesharing, the ability of a computer to do multiple things at … Continue reading "Reasonably Priced Business Computer (IBM/360)"
InsulinInsulin keeps diabetics alive. Banting and Best discovered insulin, winning them the Nobel Prize. Banting stole most of the credit, but historians argue they co-discovered insulin together. They won the Nobel Prize together. Banting despised Best and the two never spoke again. To continue his work, Banting received a lifetime annuity by the Canadian government. … Continue reading "Insulin"
CanningLike refrigeration, invented a year earlier, this is another way to preserve food. All the sudden items available only for a certain portion of the year could be reliably preserved for far longer. This lowered the cost and increased the availability of food. Appert is a Frenchman who perfected caning. Napoleon needed a consistent way … Continue reading "Canning"
Autonomous Vehicles (Self-Driving Cars)DARPA, the US government agency that invented the internet (among other things) created a contest to build a self-driving car. The first DARPA Grand Challenge, in 2004, was a 150 mile (240 km. route). The robot-car that drove the furthest before breaking down, built by Carnegie-Mellon University (CMU), lasted 11.78km. Undeterred, DARPA tried again. Subsequently, … Continue reading "Autonomous Vehicles (Self-Driving Cars)"