High tech
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High tech is technology that is at the cutting edge—the most advanced technology currently available. The adjective form is hyphenated: high-tech or high-technology. (There is also an architectural style known as high tech.)
There is no specific class of technology that is high tech—the definition shifts over time—so products hyped as high tech in the 1960s would now be considered, if not exactly low tech, then at least somewhat obsolete. This fuzzy definition has led to marketing departments describing nearly all new products as high tech.
Origin of the term
In a search of New York Times articles, the first occurrence of the phrase "high tech" occurs in a 1957 story advocating "atomic energy" for Europe:[1] "...Western Europe, with its dense population and its high technology..." The twelfth occurrence, in 1968, is, significantly, in a story about Route 128, described as Boston's "Golden Semicircle":
It is not clear whether the term comes from the high technologies flourishing in the glass rectangles along the route or from the Midas touch their entrepreneurs have shown in starting new companies.[2]
By April 1969, Robert Metz was using it in a financial column—Arthur H. Collins of Collins Radio "controls a score of high technology patents in variety of fields."[3] Metz used the term frequently thereafter; a few months later he was using it with a hyphen, saying that a fund "holds computer peripheral... business equipment, and high-technology stocks."[4] Its first occurrence in the abbreviated form "high tech" occurred in a Metz in 1971.[5]
Before 1970, the term "high technology" appeared a total of only 26 times; during the 1970s, 450 times; during the 1980s, over 4000 times. As of 2006, any technology from the year 2000 onward may be considered high tech.
Architecture
In architecture, high-tech design involves the use of the materials associated with high tech industries of the 1980s and 1990s, such as space frames, metal cladding and composite fabrics and materials. High tech buildings often have extensive glazing to show to the outside world the activity going on inside. Generally their overall appearance is light, typically with a combination of dramatic curves and straight lines. In many ways high tech architecture is a reaction against Brutalist architecture, without the features of post-modernism.
The high tech style emerged in the 1980s and remains popular. In the United Kingdom, two of its main proponents are Richard Rogers and Norman Foster
Economy
Because the high-tech sector of the economy develops or uses the most advanced technology known, it is often seen as having the most potential for future growth. This perception has led to high investment in high-tech sectors of the economy. High-tech startup enterprises receive a large portion of venture capital. However, if, as has happened in the past, investment exceeds actual potential, then investors can lose all or most of their investment. High tech is often viewed as high risk, but offering the opportunity for high profits.
Like Big Science, high technology is an international phenomenon, spanning continents, epitomized by the worldwide communication of the Internet. Thus a multinational corporation might work on a project 24 hours a day, with teams waking and working with the advance of the sun across the globe; such projects might be in software development or in the development of an integrated circuit. The help desks of a multinational corporation might thus employ, successively, teams in Kenya, Brazil, the Philippines, or India, with the only requirement fluency in the mother tongue, be it Spanish, Portuguese or English.
OECD has two different approaches: sector and product (industry) approaches.
High-tech sectors
The sector approach classifies industries according their technology intensity, product approach according to finished products.
High-tech industries
Further analysis from OECD has indicated that using research intensity as only industry classification indicator is also possible. The OECD does not only take the manufacturing but also the usage rate of technology into account. The OECD's classification is following (stable since 1973):
Industry name | Total R&D-intensity (1999, in %) | ISIC Rev. 3 |
---|---|---|
High-Technology | ||
Pharmaceuticals | 10.46 | 2423 |
Aircraft & spacecraft | 10.29 | 353 |
Medical, precision & optimal instruments | 9.69 | 33 |
Radio, television & communication equipment | 7.48 | 32 |
Office, accounting & computing machinery | 7.21 | 30 |
Medium-High-Technology | ||
Electrical machinery & apparatus | 3.60 | 31 |
Motor vehicles, trailers & semi-trailers | 3.51 | 34 |
Railroad & transport equipment | 3.11 | 352+359 |
Chemical & chemical products | 2.85 | 24 (excl. 2423) |
Machinery & equipment | 2.20 | 29 |
Furthermore, OECD’s product-based classification supports the technology intensity approach. It can be concluded, that companies in a high-technology industry do not necessary produce high-technology products and vice versa. This creates a problem of aggregation.
High-tech society
An overall society based in high-tech is something generally unattainable by the definition comprising its scarcity among every technology available. Some countries like South Korea or Japan can be in general considered high-tech societies in relation to most countries, since it is common for its citizens having access to technology that is presently at the cutting edge, in consumer's terms. Considering recent technological achievements, some parts of China and India can also be considered high-tech societies in relation to the rest of those countries. Research oriented institutions like NASA, CERN, IIT, MIT or Aveiro University might be considered high-tech microssocieties in relation to the general surrounding social region or overall activity sector. An organization's department dealing with the latest technology in projects, may also be considered a high-tech microssociety within the organization's scope. In educcation terms, the students and staff related with an engineering EUR-ACE accredited degree might be considered high-tech members, regarding other traditional engineering degrees.
See also
- Atari Democrat
- High-tech architecture
- Industrial design
- Intermediate technology
- Knowledge economy
- Product design
- MIT
- Aveiro University
- South Korea
- Category:High tech recruitment companies
Literature
- Alexander Loschky: High-Technology Trade Indicators 2008 – An international comparison of the big economic areas and countries, 2008, Joint Research Centre (JRC): Scientific and Technical Research series
References
- ^ "Atomic Power for Europe", The New York Times, February 4, 1957, p. 17.
- ^ Lieberman, Henry R. "Technology: Alchemist Of Route 128; Boston's 'Golden Semicircle'" The New York Times, January 8, 1968, p. 139.
- ^ Metz, Robert (1969). "Market Place: Collins Versus The Middle Man", The New York Times, April 24, 1969, p. 64.
- ^ Metz, Robert (1969). "Market Place: Keeping an Eye On Big Trends", The New York Times, November 4, 1969, p. 64.
- ^ Metz, Robert (1971). "Market Place: So What Made E.D.S. Plunge?", The New York Times, November 11, 1971, p. 72.