Technology Forecasting and Its Implications

The video discusses the role of a technology forecaster, who examines the intersection of technological advancements and entrepreneurship. It highlights the dialogue between inventors and society, which leads to both expected and unexpected technological outcomes. By studying historical patterns, forecasters can predict future trends, though surprises are inevitable. The video also covers how businesses can use long-term technological perspectives to guide strategy and identify opportunities or threats.

What is the primary focus of a technology forecaster?

• Exploring the intersection of technology and society

• Teaching technology in schools

• Predicting stock market trends

• Developing new technological gadgets

What does the process of technology advancement involve?

• A debate among scientists

• A competition between companies

• A negotiation with governments

• A conversation between inventors and society

What is the relationship between inventors and society in technology advancement?

• Society proposes and inventors dispose

• Inventors dictate and society follows

• Society dictates and inventors follow

• Inventors propose and society disposes

How can historical patterns of technology help us?

• By predicting future technological trends

• By creating new technologies

• By increasing the speed of technological development

• By eliminating old technologies

What is a common misconception about advanced technologies?

• A clear view means they are near

• They are always beneficial

• They are easy to understand

• They are always expensive

What can be said about the arrival of expected futures?

• They are always predictable

• They never arrive

• They often arrive late and unexpectedly

• They always arrive on time

What is the role of a technology forecaster in business?

• To increase sales

• To manage daily operations

• To advise on long-term strategies

• To develop new products

How should businesses use the long-term perspective on technological change?

• To focus only on profits

• To set long-term directions

• To ignore current trends

• To set short-term goals

What is the benefit of using a long-term perspective as peripheral vision?

• To avoid competition

• To focus on immediate profits

• To ignore market changes

• To identify short-term opportunities or threats