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colloydi | 1 year ago
One rule of thumb seems to be that a new technology needs to be not merely better but ten times better than the alternative(s) for it to go viral. For instance, James Dyson built a washing machine with twin contrarotating drums. It was significantly better than conventional machines, but not ten times better when all costs were accounted for, e.g. the increased price and its unconventional larger size.
rsynnott|1 year ago
Dyson's gadgets which really were significantly better than the contemporary competition tended to succeed, despite a cost premium. Notably the vacuum cleaners, of course.