Earlier this week I began sharing with you the inventions I’ve been hinting at the past couple of weeks. Tuesday it was the Printing Press. Yesterday’s invention was the Steam Engine. Today – the Telegraph.
Quotes from the forthcoming book The Power of Mobility. Due out this September.
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“However, it wasn’t until electric telegraphy whose invention is broadly attributed to Samuel Morse based on work he completed between 1832 and 1838, that practical telecommunications actually began to significantly impact the world.”
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“International routes also began to be built. England and France were connected in 1851 and the first trans-Atlantic cable was installed in 1858. Prior to these investments, international communications took as long as it took for ships to sail. A message from London to Bombay and back could take ten weeks. But by the 1870s, a message from London to Bombay and back could take four minutes.”
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“Writing in 1748, Ben Franklin made the truthful observation that answers our question and that should help us understand why any technology that helps us gain information and/or make a decision and/or complete a task more quickly will always be highly valued. He said ‘Remember that Time is Money.'”
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“The financial value created by telecommunications continues to this day, even as mobility enables information to reach us, and us to reach information whenever and wherever we go.”
[…] couple of weeks. Earlier this week we’ve covered the Printing Press, the Steam Engine, and the Telegraph. Today – the […]