Industrial Revolution
We are likely scared about the impending threat of massive job loss due to the unfolding of the Fourth Industrial Revolution. How do we define the industrial revolution, and why…
Posts by author
Md. Rokonuzzaman
646 posts
Edison’s Light Bulb Invention and Destruction
On New Year’s Eve, 1879, at Edison’s Menlo Park, N.J., laboratory, Edison’s light bulb went for public demonstration. Among a record 1,093 patents, the light bulb is his most famous…
Electricity Invention
Electricity invention is the most outstanding achievement of the human race. Through the unfolding of the second industrial revolution, it began unleashing its mighty power of inventions. Electricity has become…
Disruptive Innovation
The weakening or disappearance of Kodak, RCA, RIM, or Nokia, and the rise of Apple, Sony, Nichia, or Tesla is intriguing indeed. Similarly, the loss of American and European dominance…
Sustaining Innovation
Sustaining Innovation means releasing successive better versions for dealing with competition responses, increasing perceived value, leveraging externality effects, and reducing environmental footprints. Innovators want to offer better products that they…
Creative Destruction Examples–driving prosperity through reinvention
In his seminal 1942 book, Capitalism, Socialism and Democracy, Prof. Schumpeter introduced Creative Destruction in explaining Wealth creation, accumulation, and annihilation dynamics. He argued that creative destruction is crucial to capitalism; it is…
Robotic Process Automation Technologies
Robotic process automation (RPA) is an exciting Innovation in automating data, and knowledge-centric service works. A set of technologies underpins these metaphorical software robots(bots). To grasp the strength of RPA in taking…
Future of Work from Home – Robotic process automation takes over
A recent study by Pew Research Center (December 2020) finds that work from home in America rose from 20% to 71% due to the coronavirus outbreak. The rest of the…
Robotic Process Automation – RPA killing data handling and knowledge service jobs
According to a recent report of Bank of America (2021), due to Robotic Process Automation (RPA), the USA, India, and the Philippines will lose 21%, 22%, and 16% of business…
Smart Home Sensors–increasing convenience and safety
Sensors are at the heart of the smart home. They detect and notify the smart home platform or hub about the situation. In return, software applications running in the platform…
Smart Home — from a luxury to necessity
Comfort, safety, and efficiency are three important concerns to homeowners and residents. As automation can improve them, they are after smart homes. Innovators have been taking advantage of technologies to…