The significant risks of not investing in disruption...Can you imagine a world that does not have a mobile phone

Alex Pollak

Loftus Peak

The significant risks of not investing in disruption...Can you imagine a world that does not have a mobile phone? Or where the internet doesn't exist? And yet it is only 8 years since the first iPhone, while Google has only been listed for ten years. The cover story of German magazine Der Spiegel this week is entitled How Silicon Value Shapes Our Future and reminds us of how far we have come, and how quickly. Like noting that a micro-processor from 2014 is 32 million times as powerful as the first Intel chip from 1971. The growth of new technologies has been exponential rather than linear, with ever larger advances coming at an increasingly rapid rate. It is like a gigantic avalanche that begins as a tiny snowball. All the world's (geographical) knowledge condensed into a digital map and easily accessible? Crazy, to be sure. But normal craziness. Ray Kurzweil, an official genius working for Google, explains: If you take 30 linear steps, you travel 30 meters. If you take 30 steps exponentially, you travel a billion meters. (VIEW LINK)


CIO of Loftus Peak, a specialist global fund manager with a track record of successful investment in some of the world's fastest-growing listed businesses.

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