Overnight MailFedEx is the first overnight mail delivery service. At the time, the idea was widely derided. Before FedEx, the only way to reliably deliver a package quickly was via overnight courier, an extremely expensive option. In 1965, Yale undergrad student Fred Smith wrote a paper describing the idea as an undergraduate in Yale. Smith reasoned … Continue reading "Overnight Mail"
Steam Engine (Newcomen)The Newcomen steam engine removed water from mines. It worked but was extremely inefficient. Steam was not recycled (re-condensed) so the Newcomen engine required an enormous amount of coal to continually boil water. When used at a coal mine, where scrap coal was essentially free, this cost less than having workers remove water by the … Continue reading "Steam Engine (Newcomen)"
BraCommunist spitfire Ida Rosenthal came from a line of Jewish intellectuals in what was then Russia and is now Belarus. She returned from college an outspoken communist revolutionary and with a boyfriend, William. Threatened with jail, the army, or both they fled to the US in 1905 and married in 1906. Ida, who was 4′ … Continue reading "Bra"
Automatic Tomato HarvesterGrain and corn harvesters date back to the 1800s. However, grain and corn are relatively easy to harvest. Grain harvesting involves little more than cutting tall grass whereas ears of corn are large, strong, and similarly shaped. Tomatoes Interestingly, tomatoes were not common food until the 1800s. Early colonialists brought the tomato plant to Europe … Continue reading "Automatic Tomato Harvester"
CanningLike refrigeration, invented a year earlier, this is another way to preserve food. All the sudden items available only for a certain portion of the year could be reliably preserved for far longer. This lowered the cost and increased the availability of food. Appert is a Frenchman who perfected caning. Napoleon needed a consistent way … Continue reading "Canning"
General Purpose CatalogBackground The general purpose catalog increased the selection and decreased the costs of small-town stores that could only afford to carry limited innovatory. Tiffany’s Blue Book is one of the oldest catalogs, from 1845. There were book, seed, and fabric catalogs in Europe dating back centuries. Ben Franklin created the first US catalog, for scientific … Continue reading "General Purpose Catalog"
Cotton GinWhitney’s innovation vastly lowered the price of cotton. Before Whitney’s cotton gin, producing cotton was economically inefficient because of the enormous cost to separate cotton from seeds. After the innovation, cotton became a profitable crop. Background Coming of age during the Revolutionary War, Whitney made a nail company, at the age of 15. Later, he … Continue reading "Cotton Gin"
Modern Genetically Modified Organisms (GMO’s)People have been genetically modifying plants and animals for eternity. Virtually every plant we eat is the result of genetic modification via selective breeding. Tomatoes, broccoli, cauliflower, kale, and countless others only exist due to genetic modifications. Furthermore, cows, pigs, chickens and arguably even all modern breeds of dogs are the result of genetic modification. … Continue reading "Modern Genetically Modified Organisms (GMO’s)"
Fighter AircraftBackground In 1903, Wilbur and Orville Wright invented the airplane. Other aircraft preceded theirs, lifted aloft by lighter-than-air elements, but the wright brothers smaller and faster airplane was a new breakthrough. People could fly like birds, except faster and higher. The Wright Brothers were furiously worried about their intellectual property being stolen. In hindsight, their … Continue reading "Fighter Aircraft"
Automation Armageddon: a Legitimate Worry?Right now, we have 122 major innovations that involve some type of automation. Click here to see the list. Putting it mildly, many of them were not met with enthusiasm. For example, Frenchman Barthélemy Thimonnier invented the sewing machine only to see his factory burnt down by worried tailors. The “American Manufacturing Method” using standardized … Continue reading "Automation Armageddon: a Legitimate Worry?"
Speech RecognitionSpeech recognition is the ability of a computer to recognize the spoken word. “Alexa: read me something interesting from Innowiki.” “Duh human, everything on Innowiki is interesting or it wouldn’t be there.” Today, inexpensive pocket-sized phones connect to centralized servers and understand the spoken word in countless languages. Not so long ago, that was science … Continue reading "Speech Recognition"
Steel ShipsWooden ships were limited in size and their hulls could be more easily penetrated than metal ships during war. Ironclad ships reduced the cost and risk of shipping by enabling larger ships that were more difficult to sink. The first known ironclad warship was The Nemesis, built for the East India Company, in 1839. Soon, … Continue reading "Steel Ships"
Electronic Desktop CalculatorDesktop calculators led the idea of computers small and cheap enough to sit on an individual’s desk. Eventually, they also became the impetus for the general-purpose microchip. History The first desktop electronic calculator is the ANITA Mark VII and ANITA Mark VIIII, both launched late 1961. The Bell Punch Co. of Britain designed the ANITA. … Continue reading "Electronic Desktop Calculator"
Game TheoryGame theory serves as the foundation of systematized decisionmaking and modern economics. Indeed, Minimax game theory underlies modern economics and is responsible for countless economic insights, many of which won Nobel Prizes. Besides game theory, von Neumann eventually modeled the lenses behind the Los Alamos plutonium nuclear bomb. As a Jewish refugee from Europe whose … Continue reading "Game Theory"
Archie McCardell: Worst CEO EverArchie McCardell is the worst CEO in history. Sure, there are CEO’s who committed crimes, CEO’s who bankrupt their businesses, and CEO’s who looted their businesses. There are crooks, those who hire cronies, people who paid bribes, plenty who demanded sex or servitude, and countless sociopaths. In fairness to him, Archie did none of these … Continue reading "Archie McCardell: Worst CEO Ever"