Comoditizing High-tech !

In the brief history of IT revolution, one thing that stands out is how the expense of doing business with help from IT is reducing exponentially.

IT being pretty much a knowledge centric industry, the key proponents are software and hardware engineers.

And they used to demand high premium, riding on the wave of the revolution. It still goes on to certain extend, although looks like loosing steam.

So, what happened ? The demand by business is still high. Any new world business and most old work business can not live without it now.

The answer to it - however obvious it was - jumped on my face today.

Today while helping my 8 yrs old with school work, I noticed their computer book. Pretty impressive for a 4th standard lil guy ! All control flows, logic, and basic programming in standard 4.

No wonder, over last 10 years, because of the lure of being in key industry and making wealth, has pushed the education related to IT way deep in the education system.

And over the same decade, a lot more knowledge workers are being created. Supply increases. Many fold and is catching up with demand.

And when that equilibrium happens, Hi-Tech becomes commodity.

Wondering if the same cycle did happen for textile revolution of 50s ? Don't know if schools really did teach stitching in a mass scale !