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Cowen is talking about major/radical innovation, not iterative/incremental change. Yes, a microwave is significant if you have only ever used a stove. But going from a live fireplace to the other technology he mentions is a major change.


>> Yes, a microwave is significant if you have only ever used a stove. But going from a live fireplace to the other technology he mentions is a major change.

I would argue that the microwave oven is a significant innovation because it's not based on burning fuel -- wood or gas -- as was done in previous stoves.


True, but to be fair, radical innovation is usually the low-hanging fruit of some new discovery.




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