What are digital effects doing on a field?

Peter Diamandis constructed a useful framework to help navigate the exponential journey that a digital technology takes, known as Peter Diamandis’ 6 D’s. This framework explains what happens as an area becomes information-enabled:

Once a technology is digitized it becomes an information science, and so we can use computers to manage it.

We Can Control With Digital

Exponential growth is hard to spot. At the beginning of most exponentially advancing environments, the early stages of development are almost imperceptible.

Wait For Biggest Changes

After the initial deceptive growth, the development of an exponentially advancing technology can make the previous paradigm effectively obsolete, out-performing it in both effectiveness and cost.

Iceberg is melting

Items that were once large and unwieldy can now fit easily into our pockets. The miniaturization of sensors paired with digitization allows for the elimination of dedicated single-use physical devices.

You will see The World in other forms as soon as possible

GPS systems and high resolution video cameras were prohibitively expensive in the past, but almost anyone can access them now that they are applications and sensors included on and in your phone. The cost of producing and replicating software is dramatically cheaper than creating the physical version of it, and the economies of scale associated with the sensors allow them to become eminently affordable.

Products, services, and information that were once only available to wealthy nations, research labs, or companies, are now becoming accessible by an ever-increasing percentage of the global population. If you can buy a cheap phone with an internet connection, you have the same communications capabilities and access to the same exact platforms as a billionaire.

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