Human history is full of examples of our innate curiosity and creativity. As we evolved, we slowly but surely built on the knowledge of our ancestors. Occasionally, through some combination of luck and resourcefulness, we discovered or developed something truly revolutionary. Fire, the wheel, the compass, paper and agriculture. And more recently, electricity, flight, vaccines, the internet and artificial intelligence.
Yet today, words like innovation and transformation are thrown about with little grounding in substance. Everywhere we turn firms are continuously transforming something, an oxymoron in itself. This might make for glossy corporate publicity, new consumer trends and catchy headlines. But it behooves us to use language carefully and apply a powerful label like innovation when it is deserved and tangibly delivered.
In our age of seemingly endless new information, it is surprising that the pace of innovation has actually been declining in recent decades. It's important to understand why, to separate hype from reality and to consider the future of human innovation. See full transcript here.
Photo Credit: Johannes Plenio

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