Technological change has one thing in common with viral pandemics in that change is not linear but exponential. We will experience more technological change in the next two decades than in the last two hundred years and as investors we must be prepared. Often progress appears to plateau before leaping dramatically forward as we enter periods of technological convergence. Convergence is the result of an alignment of capabilities that allow the next generation of technologies to reach a state of rapid growth and adoption. Netflix, for example, was not possible prior to the introduction of universal broadband internet service to millions. We are undergoing the largest disruption of our lifetime
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