Block 1 Part 1 references “Strategies for E-Business: Creating Value through Electronic and Mobile Commerce” by Jelassi, T. and Enders, E. in suggesting that one explanation for the shortening of waves (increased pace of innovation) in Schumpeter’s Model is business and government increasingly seeing value in committing resources to R&D. This would seem to have a parallel to the argument against the Technological Singularity that increased pace to date is more due to the effects (and feedbacks) of an increasing population. In the case of the “Value in Reseach” argument as the global economy increases in size there is also a greater amount that can be invested in R&D.
Bearing this in mind while looking at the technologies identified in each wave they do all seem to have the ability to have major impacts on production ability. However, with the exception of the first wave, they all also seem to have the ability to have a more direct impact on comprehension and research, with technologies that either help with collaboration, understanding. (Note that although not obvious from the technologies mentioned there is also an improvement over time of our ability to measure/observe as well, which plays nicely with both the other two, and with improvements in manufacturing/distribution)
- The second wave (1845-1900) includes mentions of rail, steam, and iron. These are clearly components of the railways; an improvement in travel that helps people to physically meet up to collaborate in real time, but also shortens mail delivery times thus improving distance collaboration as well. The rise of Morse Telegrahpy also had an impact on distance interaction and news reporting around this time.
- The third wave (1900-1950) mentions electricity, chemicals, and the internal combustion engine. Again improvement in moving people around (the car) which aids collaboration. A well known and noticeable event during this time period would be the code breaking at Bletchley Park, which was aided by electro-mechanical devices. A foreshadowing of the ability of computing devices to aid understanding of observations.
- The fourth wave (1950-1990) mentions petrochemicals, electronics and aviation. Possibly the last (for now) major disruption in travel – the aeroplane. This time period also covers rising adoption (if not yet ubiquity) of computers in the home, education and business (aids, at this point, to comprehension).
- The fifth wave mentions digital networks, software and new media and seems to mark a sea-change from improvements by moving people and things around, to moving data around. Improvements in software and new media aid understanding while the rise of networking is a major aid to long distance collaboration.
Looked at from this point of view I would suggest that there is already an argument that the fifth wave should revolve around the rise of computer processing power and “wired networking”. This would leave “wireless networking” as the sixth wave, a major change in the power of networking (probably analogous to the organised vs adhoc differences between the train (second wave) and the car (third wave)).
I would hazard a guess that the seventh wave will be home/on-location manufacturing, starting with 3-D printing. Here the transmission of data results can result in material objects, and the ability to manufacture and test your own designs moves into capability of the average hobbyist. This will vastly lower the barriers to entry for creating manufacturing related businesses. As these devices (and related technologies improve) it will also improve the ability of the hobbyist to create custom devices for research purposes as well leading to observation/measuring improvements.