Showing posts with label drone boom. Show all posts
Showing posts with label drone boom. Show all posts

Monday, September 23, 2013

Drones, journalism, and the peak of inflated expectations


It's a story that's been repeated time and time again with emergent technology. Researchers publish some new breakthrough, and the press grabs hold of the news release and begins extrapolating stories about how the new tech could revolutionize our lives. Expectations build as ideas bounce within the media echo chamber, pitchmen evangelize audiences at the trendy tech conferences, and venture capitalists make power plays in the market.

Everyone wants a piece because the sky is the limit, and the sky is the limit because everyone wants a piece.

Products finally hit the market, and eventually, reality sets in. Like the doomsayers who predict apocalypse time and time again, the prophesied miracles fail to materialize. The technology is immature. Deliverables fail to match objectives. Most importantly, the technology was overvalued, and an adjustment takes place.

This "hype curve" -- rising expectations, peak interest, and curbed enthusiasm -- doesn't happen to every piece of technology that comes around. But this bubble does happen with surprising regularity. Every year, Gartner, a tech research corporation, produces a report that attempts to identify where various technologies are riding on this bubble.

Gartner released its latest report, "2013 Hype Cycle for Emerging Technologies," last month. In it, the company prognosticates that drones and other unmanned technologies are coming up to that peak. At that point, the unmanned systems sector might be in for some pain.