Give me an example of a revolutionary technology. If you were the inventor, how would you market this technology? What existing technology would you displace, and why? If you were the owner of that displaced technology, what could you do to survive or continue to grow?
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I will invent the transponders which can convert Mass into energy and energy back to Mass. So I will convert Mass to energy at one place and convert that energy back to mass at other.
This will revolutionrise the tranport industry , it will challange the security industry, like goods can be brough into the country from any place,……and so on
To survive the parallel industry has to make the journey better then the destination
I would think of automated cars as a technology.. The cars in the world should all be connected to a GPS system. All you should do is enter the destination and the car takes you there.. The challeneges before me would be :
1. to place cameras in the car in all the directions through which i can monitor traffic.
2. To avoid accidents while lane change and turns..
3. A detection technique to figure out the color of the signal (red/green)..
4. Detect Speed limits and traffic and modify my speed.
5. If a parking spot available make sure my size of the car fits in there easily and park the car automatically..
6. After parking the car send the owner an email or message on the cellphone regarding the success of parking..
7. In case of car theft, try to grab an image of the burgler and send it via email to the owner and wait for authorisation. If owner authorises the rider accept that person or else send a report about theft to the police.
8. Make sure all communications are secure.
9. Report/fix any system failure at soon as detected like indicators not working, or any of the cameras dysfunctional..
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