The A-Team on technological convergence – “I love it when a plan comes together”

24 08 2010

Radical evolution

Chris van der Hoven wrote:

When the US govt deregulated telecoms, AT&T sprung into action and inadvertantly set about destroying about $50Bn of shareholder value over the next 10 years, with a string of acquisitions that failed. Their motive was…the potential offered by the technology convergence of computer science and telecoms. Makes sense – if you have the capability to integrate your new acquisitions (and assuming integration is appropriate & necessary?).

Now we are faced with a new technological convergence (not brand new, but certainly emerging) – nanotech, biotech, and digitalisation.

If you are looking for a new business idea, you might look at the applications for carbon nanotubes (flexible as human hair and strong as diamonds), or nanorobots that are microchips propelled by bactaria and used within the human body to deliver various services (cleaning blood, removing fat, depositing drugs or radiation directly at the site of infections or disease). What about teleportation!?

So, here we are again – a new “plan is coming together”. What should big businesses and small do differently to avoid the AT&T mishap?

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