I notice in a lot of discussions that I need to write down how I proceed when something new or revolutionary is announced in the press or the internet. So here it comes....
1/5
I notice in a lot of discussions that I need to write down how I proceed when something new or revolutionary is announced in the press or the internet. So here it comes....
1/5
Framework for Evaluating “New” Technologies
Why this framework is necessary in the era of internet journalism
Internet (and increasingly classic) journalism rewards speed and excitement far more than accuracy and attention.
This creates a structural bias toward reporting spectacular claims before anyone has checked whether they are physically plausible, technically feasible or economically meaningful. A simple evaluation framework helps counter three typical failure modes.
What the framework shall achieve
How does this works?
Go through the gates in the proposed order and check if the new product/technology passes that check. If it doesn't, you can skip the rest of the gates. Often failures at an early gate are masked in reporting the hypothetical profits in the future if society just pours enough funding into it.
Update:
If a technology passes all three gates, it is still not a guarantee it will come to pass.
There may ethical, political, environmental or other reasons that may prevent it.
But if it does not pass all three gates, it just will not find widespread adoption.
2/5
Gate 1: Does it match physical realities and laws?
Before anything else, a technology must obey known physics. Ideas that violate conservation laws, thermodynamics or basic material limits usually fail long before money or engineering enter the picture.
Examples of failures
3/5
Gate 2: Does a working prototype exist and are the engineering problems solved?
Even when a concept does not violate physics, the gap between an idea and a working system can be enormous. Some technologies fail because no one manages to build a prototype that performs as promised.
Examples of failures
4/5
Gate 3: Does it work economically at scale?
A technology can be physically valid and technically feasible but still fail because the business case collapses when it is scaled. Costs of materials, energy, logistics or maintenance can kill an otherwise solid idea.
Examples of failures
5/5