Read the full paper. Really sharp, Sinéad. The distinction between early-stage technology and architecture lag is the part that should travel further than it has.
What I was thinking through as I read: the three rational responses all treat architecture lag as a neutral structural problem. But it's also a competitive tool. Incumbents who can afford to wait, or subtly shape the standards bodies and regulatory frameworks during the lag period, end up owning the architecture when it matures. They get to build the missing infrastructure and set the terms of the market around it—a form of invisible power that never shows up in the geopolitical risk report.
Thank you, appreciate that. "But it's also a competitive tool. Incumbents who can afford to wait, or subtly shape the standards bodies and regulatory frameworks during the lag period, end up owning the architecture when it matures. " --- this is fascinating. You could argue that this is (unknowingly) what Europe is trying to do by controlling the regulatory space for technology. Except the constraint for tech isn't regulations. But institutional lag as a tool is certainly powrful, and never discussed...Appreciate that input, thank you! S.
Read the full paper. Really sharp, Sinéad. The distinction between early-stage technology and architecture lag is the part that should travel further than it has.
What I was thinking through as I read: the three rational responses all treat architecture lag as a neutral structural problem. But it's also a competitive tool. Incumbents who can afford to wait, or subtly shape the standards bodies and regulatory frameworks during the lag period, end up owning the architecture when it matures. They get to build the missing infrastructure and set the terms of the market around it—a form of invisible power that never shows up in the geopolitical risk report.
Thank you, appreciate that. "But it's also a competitive tool. Incumbents who can afford to wait, or subtly shape the standards bodies and regulatory frameworks during the lag period, end up owning the architecture when it matures. " --- this is fascinating. You could argue that this is (unknowingly) what Europe is trying to do by controlling the regulatory space for technology. Except the constraint for tech isn't regulations. But institutional lag as a tool is certainly powrful, and never discussed...Appreciate that input, thank you! S.