In his LinkedIn article, Dustin McKissen asserts that we’re facing a decline in innovation as a result of declining cultural trust and increasing risk aversion. But innovation, particularly the big ones, do not follow a consistent time line and it’s easy to forget about how far things have come in a relatively short period of time.
Powered flight for example developed over several generations. Those who were around to see the Montgolfier Brother’s famous balloon flights in 1783 would not live long enough to hear of the Wright Brothers, let alone see their 1903 flight at Kitty Hawk. Further, consider this; it’s taken mankind a good 5,000 years to get to the point where the atom could be split.
Consider also, this short inventory of innovations in the last generation;
- The Cell Phone
- The PC
- The Internet
- Solar Power
- Working Robots
- 3D Manufacturing
- Landing on the Moon
True we haven’t traveled to Mars, solved the riddle of cold nuclear fusion, traveled back in time and self-driving cars are a far cry from flying cars but has innovation really declined?
The data on the decline in trust, however, is compelling. So what are the true implications and consequences of this decline in trust? What has caused it? More importantly, how do fix it?