Famous quote by Chris Anderson

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The first stage in a technologys advance is that itll fall below a critical price. After it falls below a critical price
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"The first stage in a technology's advance is that it'll fall below a critical price. After it falls below a critical price, it will tend, if it's successful, to rise above a critical mass, a penetration"

- Chris Anderson

About this Quote

This quote by Chris Anderson is describing the process of a technology's improvement. He specifies that the first phase of this procedure is for the innovation to fall listed below a vital price. This means that the innovation should become cost effective enough for the general public to acquire it. When this takes place, the innovation will then have the prospective to reach a critical mass, or a level of penetration, where it is commonly utilized and accepted. This is the 2nd phase of the technology's advancement. In order for a technology to reach this level of success, it must first end up being cost effective and available to the general public.

About the Author

USA Flag This quote is written / told by Chris Anderson. He/she was a famous Businessman from USA. The author also have 4 other quotes.

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