The turn of the new century has brought outstanding leaps in the realm of technology. The rapid progression of technological development has changed the way our society operates. Moreover, the influence of technology has taken over our lives as a whole. It is with this premise that indeed technology has changed everything, does the lecture of Craig Barrett, Chairman of Intel Corporation, revolve around. In particular, technology has driven global economic growth and development making it an integral component of our everyday lives. Barrett outlined a number of points which come from the aforementioned observation and realization. Looking at it in high level, Barrett tackled what is going on around the world referencing significant improvements in technology that has changed the face of humanity and of the world. He then moved on to discuss the importance of such technologies highlighting his company's contribution to the evolution of technology.
[...] The rapid shift towards digital photography was not anticipated by Kodak, who chose to stick to the pioneering technology based on paper. Moreover, the music industry has witnessed the shift toward digital and online procurement or download of songs at a low cost. The advent of peer-to-peer file exchanges enabled the ease of file sharing. Had the company Napster anticipated the trend toward this, it should not have been indicted before. Lastly, risks are ever present as technologies continuously evolve over time. [...]
[...] Flash memory has been the platform for storage in various commercial technological gadgets such as MP3 players, USB drives, and digital cameras. There is no question that flash memory is a great non-volatile memory but what's next after this: Phase –change memory might hold the answer. And so the challenge for memory and storage is a technology that is non-volatile, high density as well as high performance. These traits could be found in phase-change memory. Wicker, Tyson, Lowrey, Hudgens, Pugh and Hunt (1999, p. [...]
[...] Or to those who has just begun knowing technology and its possibilities, to the developing countries? Thus the challenge of challenges in the technology industry is how do we bring Information and Communications Technology (ICT) to the developing countries? What do they want and what do they need? And how are technological companies such as Intel supposed to address the demands of the people? Basically, Barrett was right in pointing out the needs of these countries revolve around four fundamental areas: education, healthcare, economic development, and attainment of better communication between the government and the citizens. [...]
[...] As such, certain requirements have been sought and envisioned for the future. We count on technology to change the way we educate people and the way we deliver healthcare. Also we bank on technology to promote economic development that is wealth creation in our economy as well as change the way the government communicates with its citizens. Barrett believes that the British-created bureaucracy in the government, which started as a paper-based economy will soon be gone as online forms and media have been changing the way we gather and store information. [...]
[...] In relation to his company Intel, it has been reported that Barrett's concern is capitalizing on the rapidly evolving digital world. The prospects on the electronic sector are really great. As believed by Intel, standardization is key to ensure that the different technologies produced and provided by different companies will work together. As such, Intel is looking into the expansion of manufacturing products that people actually want (What does the future hold for Intel, Apple and Microsoft?, 2004). Finally, Barrett in his 2004 article has been known to echo the same sentiments in the lecture He has been known to be the advocate of innovation. [...]
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