2. Invention Creation of something new Technologies are constantly being created at an increasing rate to help improve our lives. The desire to make life easier or to make life better is what drives us to invent. http://mrtuneup.com/web_images/1910_automobile.bmp
3. Innovation Continuous process of improvement Quality Price http://www.w3.org/2005/Talks/1111-maxf-delhi/telephone.jpg http://nexus404.com/Blog/2008/04/06/new-lg-black-label-cell-phone-lg-promises-the-worlds-thinnest-5mp-camera-phone/
4. Diffusion Spread of a technology through a society or industry New technologies usually start out being unsuccessful, followed by a period of success as innovations take place, followed then by a leveling out as the technology reaches its maximum potential in a market. http://www.iowalibrarian.com/Managing%20Change%20When%20Technology%20Changes_files/image004.jpg
5. Obsolescence When a new invention or innovation is brought into the market some technology or technologies become obsolete and eventually get replaced by the new, improved technology.
6. Conclusion We live in an age where technology is constantly changing and becoming obsolete and as a consumer we are always looking for the latest and greatest new thing to buy. We pay a small fortune some technologies when they first become available and only get use out of them for a couple or years before something better comes on to the market. That brand new cell phone or laptop computer you just bought will most likely be considered “obsolete” within 1-2 years. It is the nature of technology to eventually become obsolete in the world we live in today.
