The Nature of Technology: What it is and How it Evolves

"More than any thing else technology creates our world. It creates our wealth, our economy, our very way of being," says W. Brian Arthur. Yet, until now the major questions of technology have gone unanswered. Where do new technologies come from — how exactly does invention work? What constitutes innovation, and how is it achieved? Why are certain regions — Cambridge, England, in the 1920s and Silicon Valley today — hotbeds of innovation, while others languish? Does technology, like biological life, evolve? How do new industries, and the economy itself, emerge from technologies? In this groundbreaking work, pioneering technology thinker and economist W. Brian Arthur sets forth a boldly original way of thinking about technology that gives answers to these questions.

The Nature of Technology is an elegant and powerful theory of technology's origins and evolution. It achieves for the progress of technology what Thomas Kuhn's The Structure of Scientific Revolutions did for scientific progress. Arthur explains how transformative new technologies arise and how innovation really works. Conventional thinking ascribes the invention of technologies to "thinking outside the box," or vaguely to genius or creativity, but Arthur shows that such explanations are inadequate. Rather, technologies are put together from pieces — themselves technologies — that already exist. Technologies therefore share common ancestries and combine, morph, and combine again to create further technologies. Technology evolves much as a coral reef builds itself from activities of small organisms — it creates itself from itself; all technologies are descended from earliertechnologies.

Drawing on a wealth of examples, from historical inventions to the high-tech wonders of today, and writing in wonder fully engaging and clear prose, Arthur takes us on a mind-opening journey that will change the way we think about technology and how it structures our lives.

Publishers Weekly

What is technology in its nature, in its deepest essence? Where does it come from? How does it evolve? With contagious enthusiasm, Arthur, an economics professor and a pioneer of complexity theory, tries to answer these and other questions in a style that is by turns sparkling and flat. Technology is self-creating, though it requires human agency to build it up and reproduce it. Yet technology evolves much like organisms evolve, and Arthur cannily applies Darwin's ideas to technologies and their growth. All technologies descend from earlier ones, and those that perform better and more efficiently than others are selected for future growth and development. But radical novelty in technology cannot be explained by this model of variation and selection, so Arthur argues that novel technologies arise by combination of existing technologies. For example, a hydroelectric power generator combines several main components—a reservoir to store water, an intake system, turbines driven by high-energy water flow, transformers to convert the power output to a higher voltage: groups of self-contained technologies—into a new technology. Arthur's arguments will likely alter the reader's way of thinking about technology and its relationship to humanity. (Aug.)

W. Brian Arthur is an External Professor at the Santa Fe Institute and a Visiting Researcher at PARC (Palo Alto Research Center). Formerly he was Morrison Professor of Economics and Population Studies at Stanford University. One of the pioneers of complexity theory, he also formulated the influential ?theory of increasing returns,? which offered a paradigm-changing explanation of why some high-tech companies achieve breakaway success. Former director of PARC John Seeley Brown has said of him, ?Hundreds of millions of dollars slosh around Silicon Valley every day based on Arthur's ideas.? Arthur is the recipient of the International Schumpeter Prize in Economics, and the inaugural Lagrange Prize in Complexity Science. He lives in Palo Alto, California.