Carbon Fiber1958 Roger Bacon Paper airplanes glued together are fun but not something anybody would actually fly on. But that is essentially what modern jet aircraft are. Carbon fiber is essentially threads glued together into a fabric and turned into the bodies of aircraft, the wings, cars, bicycles, and countless other objects. Carbon Fiber is stronger … Continue reading "Carbon Fiber"
RadioEarly radio transmitted Morse code over the air, not sound. Transmitting Morse Code was much less expensive than wired lines. In the mid 1880’s Heinrich Hertz published the results of experiments proving an ability to transmit electromagnetic waves, later known as radio waves. His work was purely scientific. Both Tesla, in the US, and Marconi, … Continue reading "Radio"
- Featured Stupid Feature: Auto-Off Scales
Cross-posted from blueoceanthinking.substack.com. The blue ocean strategy process includes the well-known “Four Actions Framework” where we eliminate, reduce, raise, and create key factors in search of a new offering. Eliminating and reducing features that add cost but not value is often key to creating a blue ocean megahit. Traditional marketers have a knee-jerk reaction; they … Continue reading "Featured Stupid Feature: Auto-Off Scales"
StatinsStatins dramatically lower blood cholesterol, and the likelihood of heart attacks. Akira Endo discovered statins. Akira Endo & His Molds Endo is a Japanese researcher with a lifelong fascination related to fungi. Recalling that Fleming accidentally discovered penicillin, he theorized that fungi might hold other miracle drugs. Endo noted that Americans are much heavier than … Continue reading "Statins"
Charge-Coupled Device (CCD)1969 William BoyleGeorge Smith “We are the ones who started this profusion of little cameras all over the world.” William Boyle Charged Coupled Devices (CCD’s) are a special type of chip that reacts to light. They are inexpensive and especially useful in imagining, enabling digital photography and video. William Boyle and George Smith worked for … Continue reading "Charge-Coupled Device (CCD)"
Stock ExchangeLike insurance, regulated stock exchanges opened the door to high-quality stock offerings which allowed businesses to procure financing. That both lowered the cost of capital and also spread both the risk and returns of an investment to a wider group of people. The Antwerp, formed in 1531, traded what today is called of government debt … Continue reading "Stock Exchange"
Gas Extraction from Coal & Gas Powered LanternCombining gas extracted from coal into a lantern, then into lights, allowed for non-candle bright lights. This literally lit up the industrial era. Factories could function at night and people could stay awake longer. Gas lighting vastly increased productivity. In 1667, Thomas Shirley published a report describing flammable gas naturally seeping from coal. In 1684, … Continue reading "Gas Extraction from Coal & Gas Powered Lantern"
Public-Key Cryptography (Public key encryption)Public Key Cryptography (PKC) dramatically lowers the risk of information intercept and also lowers the risk of impersonation. PKC vastly increases security. For example, Google allows people to send queries to them encrypted. But they cannot decrypt the queries sent by others with what they give you, only Google can. Besides encrypting and decrypting, public … Continue reading "Public-Key Cryptography (Public key encryption)"
Genetic TestingGenetic testing identifies genetic patterns, including irregularities. In 2019, genetic testing is typically used to search for abnormalities and susceptibilities. However, new treatments under development target the specific traits of patients or disease. These treatments attack and cure at the genetic level. In addition, genetic testing is entertaining. People find unknown relatives or trace family … Continue reading "Genetic Testing"
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)"
Global Positioning System (GPS)GPS uses satellites to compute positioning in 3D space, allowing automatic mapping and advanced navigation. The Soviet Union launched the Sputnik satellite on October 4, 1957. Sputnik did nothing but send out radio pings audible on radio receivers on earth. Conveniently, they launched the satellite to fly over then arch-enemy the United States. As scientists … Continue reading "Global Positioning System (GPS)"
Electric InstrumentsEarly History Claims about electric instruments date back to 1730 when texts describe a Czech musician who “generated sound by electromagnetic excitation of piano strings.” These claims are either false or the entire history of electricity of incorrect. Until Volta’s Voltaic Pile battery, in 1800, there was no method to produce an ongoing current. Electrical … Continue reading "Electric Instruments"
Modern ArtBackground Towards the late 1800s, two new technologies radically changed the world of painting. The first photography. Images were primitive, expensive, and slow at first. However, by the late 1800s photography would eventually produce entirely realistic images in less time and at less cost than any painter could. Painting as a functional exercise, to preserve … Continue reading "Modern Art"
Contact LensesLeonardo DaVinci proposed the first contact lens idea in his Codex of the Eye, published in 1508. His invention involved putting a fishbowl over one’s head filled with water to refract light. This is arguably not his finest work though, in hindsight, he was onto something. René Descartes picked up DaVinci’s work in 1636, proposing … Continue reading "Contact Lenses"
Blue Ocean Strategy & Finance: Margin LendingMargin lending refers to the process of using borrowed money for investing. For example, a traditional investor may purchase 100 shares of a business for $10, spending $1,000. However, using margin, that same person may purchase 150 shares, spending the same $1,000 and borrowing another $500. If the stock price goes up, they pay the … Continue reading "Blue Ocean Strategy & Finance: Margin Lending"