Where Has All the Innovation Gone?

For quite some time, innovation was linked to technology. One day the car phone was out, and the next day the first cell phone was dropped on the American people - the waves of its aftershock consisting of instant messaging, texting, social media, and so on. In recent times, however, this innovation has sharply dropped - almost into oblivion. Another industry that has been dragged along with technology at large is the oil industry. The common issue that these two industries share - the issue that is the reason why both industries seem to be waving goodbye to the money that once seemed to flow endlessly - is far more complex than merely innovation. It also takes into account the stakeholders and their frequent fear of taking risks, made evident in scientific journal article entitled "The impact of stakeholder heterogeneity on risk perceptions in technological innovation". This lack of innovation is also seen in Facebook's recent desperate attempts to regain all the users lost by spending billions of dollars on acquisitions of things like Oculus and WhatsApp. The one diamond in the rough that is the wasteland technological innovation has become is data protection. Since the concept of big data leads to things like illegal and unnecessary surveillance, people are becoming more and more open to data protection methods. On the other hand, one area of technology that needs work is the blogosphere. It can be misleading, and may require not only innovation but also hard work to maintain integrity.