Dematerialization on everyday life

     In this week's Technology for Leading and Learning Module 3 we went over the Law of Accelerating Returns by Ray Kurzweil. A brief overview of The Law of Accelerating Returns is Kurzweil's ability to predict modern advances will become smarter than humans. The law also builds up on Moore's law and is composed of the growth of technology at an exponential rate, and it builds on itself. Therefore, these stages were measured by using the 6D. What are the 6D's? The 6D's are Digitization, Deception, Disruption, Democratization, Dematerialization, and Demonetization a chain reaction of technological progression, a road map of fast development that led to a big disruption and occasion created by Steven Kotler and Peter Diamonds, and how the impact of Dematerialization exponential technologies has transformed the world.

    My primary focus on this week's learning is Dematerialization. Dematerialization is the process by technologies that starts off from being non-cost-effective to becoming literally free. The phase in which physical technologies are transformed into immaterial mediums. This is the source that powers digitization, creating solid, lightweight tech capable of holding an extensive amount of information while offering enhanced functionality. Once a technology enters the dematerialization phase, it becomes attainable, and actionable in a way that the material version was not capable of.

     Technologies have honestly made living and learning much easier than it has ever been. With the use of our smartphones. Allowing us to connect with friends and family on the web to have to look up whenever it is that we need within the reach of our pocket. Back in the earlier days, everything used to be so expensive, and not everyone could afford to have many things. For example, GPS systems, phones, and cars in the earlier times didn't have built-in GPS that directs you to your location. Therefore, consumers would purchase separate GPS systems or have them built into their vehicles, which can cost upwards of $500 or more. As the world moves in exponential growth, and more products are being created we no longer need to buy those GPS systems because in today's world, vehicles have built-in GPS systems, and even our phones have GPS apps for free.

    Dematerialization can also be entailed in Information Security providing a safer way to keep documents from being obtained. Which is the move from physical certificates to electronic bookkeeping. Be able to eliminate paper-oriented processes and use electronic bookkeeping which allows for accounts to be updated automatically, smoothly, and safely from being accessible to unauthorized users.

    

 In conclusion, I was confused about this topic, but after understanding the 6D effect, how it can incorporate with how the world works, and how it ties with the Law of Accelerating Returns it really made me see the world differently. Dematerialization of technology seeing products being from bulky and costly to built-in and free within our smartphones.

    References:

6 D's to Exponential Growth - (thinkingbusinessblog.com)

Digitized to Democratized: These Are the 6 Ds of Exponential Technologies (singularityhub.com)