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December 23, 2009

Adopting new technology

It seems like new technology is being introduced all the time. Not long ago, cells phones didn't exist, and now almost everyone has one. How fast do we adapt to these new gadgets?

Dr. Mike Walden, North Carolina Cooperative Extension economist in the College of Agriculture and Life Sciences at N.C. State University, responds:

"Very fast, and it's getting faster. It took only 10 years between the introduction of the first cell phone for cell phone usage to reach 90 percent of the population, which is where it is today. It took only 10 years for that to happen. It took twice as long for color TV to reach that same level - that is, between the introduction of color TV and where 90 percent of households had color TV. So we are adopting new technology much faster. I think there are several reasons for this. Number one, we're a richer country. More people can afford the new technology. Number two, developers of new technology, I think, have a much easier time of reaching more customers. In fact, using the modern technology, consumers can be reached in so many different ways. And then lastly, I think as we get used to new technology being introduced, we're more willing to try new technology. So the adoption rate, I think, increases because of that simple fact."

Posted by Dave at December 23, 2009 08:00 AM