Suppose there is a major technological breakthrough in ONLY the consumer goods industry, and the new technology is widely adopted. Suppose there is a technological breakthrough, by using robotics and laser machines, in producing both Rye Bread and Eggs. 10. A new battery could "change the way the world uses energy," according Elon Musk, whose company Tesla Motors Inc. developed the product. So an innovation that dramatically alters the cultural landscape is a major technological breakthrough. The system is called Tesla Energy, and it has the potential to make… _____ 11. 10 Breakthrough Technologies 2019 How we’ll invent the future, by Bill Gates We asked Gates to choose this year’s list of inventions that will change the world for the better. Suppose a major technical breakthrough occurs in the capital goods industry and the new technology is widely adopted only in this industry. Draw the new production possibilities curve. Which curve in the diagram would represent the new production possibilities curve? Which curve in the diagram would represent the new produc- tion possibilities curve? 10. Now assume that a technological advance occurs in consumer goods production, but not in capital goods production. The technological singularity—also, simply, the singularity —is a hypothetical point in time at which technological growth becomes uncontrollable and irreversible, resulting in unforeseeable changes to human civilization. Which curve in the diagram would represent the new production possibilities curve? Draw the new production possibilities curve. Suppose there is a major technological breakthrough in ONLY the consumer goods industry, and the new technology is widely adopted. Suppose there is a major technological breakthrough in the consumer-goods industry, and the new technology is widely adopted. Learn more. As a result, would there be economic growth? Suppose a major technological breakthrough occurs in the capital goods industry and the new technology is widely adopted only in this industry. The annual report, titled 10 Breakthrough Technologies 2018, features some advances that have been in the works for years, and others that were more recent achievements. (Indicate the curve you choose with two letters.) Where will the new PPF curve shift, inward or outward? 4. 3. 6f. breakthrough definition: 1. an important discovery or event that helps to improve a situation or provide an answer to a…. MIT Technology Review’s Top 10 Breakthrough Technologies for 2020 has been released. _____ 11. (Indicate the curve you choose with two letters.) (Indicate the curve you choose with two letters.)