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Ray Kurzweil says Early Adoption is for Rich Chumps

by TonyBerkman (editor), Costa Rica, June 21, 2013

Google's Director of Engineering recently gave a speech at the GF 2045 where he said that being first has advantages, though not really for early adopters who pay the most and get the least return.

It's definitely best for Google that Ray Kurzweil is a director of engineering and not in marketing.

Kurzweil was candid about buyers that want to be first in line for new tech, during a recent speech he gave at the Global Future 2045 where he said that, " Only the rich have these technologies when they don’t work” and that adoption is for rich chumps.

Kurzweil stated that being first has advantages though is not so much the case when it comes to new technology and early adopters. According to futurist and Google employee the first ones in pay the most and get the lowest returns. He added that technology is cheap and accesible to the general public when it works well.

An example he used was the Motorola Dynatac mobile phone released in 1984 that cost $3,995, had only 30 minutes of talk time, and stored 30 phone numbers. Twenty years later, smartphones replace several single-purpose gadgets, connect us socially to countries’ worth of people, and store large amounts of apps, photos, and video—while costing just $200 on a contract.

Kurzweil’s point likely applies to Google’s smart glasses. At the moment they are expensive and don't have many functions. As with other technologies, such as the first iPhones, prices will likely come down to a fraction of what they are now, and their functionality will far exceed what they can do today. One can only wonder whether Ray Kurzweil was thinking about Google Glasses when making the speech.

http://arstechnica.com



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6 comments on Ray Kurzweil says Early Adoption is for Rich Chumps

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By riginal on June 22, 2013 at 03:48 am

Tony i was happy with the on-off 'advanced technology' on the black and white tele. Off course with such technology in its early phase sometimes it wouldn't turn off. Dad used to get me to stick my head in the back of the tele amongst the valves until it shorted out which certainly gave me a buzz. I introduced my childhood friends to this and charged one shilling for a curly hairdo and charged the parents of the 'nuisance' kids extra...i know this sounds shocking! But some kids told me that they saw 'Alice in Blunderland in color?' I could have put an on-off switch on those kids and invented technicolor? As seen through the eyes of some budding young charges. The opportunities i have missed. I just invented something that can see through solid walls...but when i went to the patent office i was too late as they said that a 'window' had already been invented.When i was 10 i brainstormed and invented a bike that would never suffer worn out tyres...but a kid fell off it out of the tree and dad had to bring him round by sticking his head in the back of our tv.Which blew up as a result...lucky the tele was ok.

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By TonyBerkman on June 22, 2013 at 10:33 pm

lucky for all those rich chumps

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By riginal on June 23, 2013 at 04:49 am

Tony life isn't about money. When you get to my age you'll realise that if you obtain the franchise on scrounging rich school rubbish bins and you pitch a tent nearby there's a wealth of chucked out ready wrapped sandwiches. I only need the smell of a day old hot dog to wrap my buns around and a lunch wrapper for a pillow...i'm a simple man...a Bin Laden man tried to take over my bin round and he got shot in the dessert. When you get over Laden with possessions and hate Tony and you get up peoples noses you can end up all at sea see. No pun intented. Must go young fella...-1 here yesterday. The big chill has arrived but i'm happy. Got a bit of gutter rash but it will pass...once the school bus drives off me...

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By TonyBerkman on June 23, 2013 at 08:07 pm

-1 are you in antartica? yeah life's a lot more than $ though it certainly helps sometimes ... pretty simple living here too

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By riginal on June 23, 2013 at 10:28 pm

Yeah it's so cold and Canada is copping it now. Dreadful but what can you do except plow on? People overwhelmingly have big hearts in crisis...enough to warm the spirit and reach out to others methinks. As Uttam alluded we keep ignoring mother nature's subtle and not so subtle eco warnings.To everyone's detriment.What the heck is the good of all this advanced technology when the basics and equilibrium balance of the planet is staggering? Technology can take you there to the tragedy in seconds. It shouldn't have to be put in that position!But a lot of our actions over years caused a lot of it.We can't go back...but forward...will we ever learn? My condolences again Uttam,and to those people in the quandry of "why us God?" Give as much help as we can then we can still only beg forgivenesss.God's? Shed tears. Technology is good at some things but it doesn't weep or feel. It ignores the basics of balanced progress sometimes. Sorry to sound so long-winded but i rarely read the paper...the news is rarely comforting. People in suits...over expression...repeating over..."we'll come back to this tragedy...next...a miracle!...a child survives!" Family perished. We'll ask him how he feels!!!" Enough already...

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By TonyBerkman on June 24, 2013 at 03:55 pm

right on rginal

really well said

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