With crowdfunding raising over $2.5 billion in capital across Europe in 2014, its wide appeal and use among fledgling technology companies to raise more capital seemed well founded going into 2015. The notion of appropriate technology was developed in the 20th century by thinkers such as E. F. Schumacher and Jacques Ellul to describe situations where it was not desirable to use very new technologies or those that required access to some centralized infrastructure or parts or skills imported from elsewhere.
Apex Clearing appears to be making a move into the independent RIA community to compete against Schwab, Fidelity, and TD Ameritrade, leveraging robo-advisor-for-advisor” software solutions like RobustWealth and AdvisorEngine to reach financial advisors, even as Wealthfront pivots away from building on Apex.
It is a far-reaching term that may include simple tools, such as a crowbar or wooden spoon , or more complex machines, such as a space station or particle accelerator Tools and machines need not be material; virtual technology, such as computer software and business methods , fall under this definition of technology.
Disruptive technologies: Advances that will transform life, business, and the global economy, a report from the McKinsey Global Institute, cuts through the noise and identifies 12 technologies that could drive truly massive economic transformations and disruptions in the coming years.
The simplest form of technology is the development and use of basic tools The prehistoric discovery of how to control fire and the later Neolithic Revolution increased the available sources of food, and the invention of the wheel helped humans to travel in and control their environment.