When a product reaches that height, it means that a crucial need was identified by the innovator at the right time. In 1900, less than 10% of families owned a stove, or had access to electricity or phones, and the Model-T was still a full decade away. Here’s how long it took for the following products to reach 50 million users.
Automobile: 62 years
For automobiles to become a permanent fixture on the American landscape, rather than simply a toy for the rich, people needed to be convinced that they were reliable, useful, appropriate, and even necessary.
Telephone: 50 years
One of the most powerful scientific tools invented by Alexander Graham Bell is the telephone.
Electricity: 46 years
We forget just how painfully dim the world was before electricity. A candle, a good candle, provides barely a hundredth of the illumination of a single 100-watt light bulb.
Credit Card: 28 years
The journey that led to the invention started with American Express introducing money orders, followed by traveller’s checks and finally the credit card.
Television: 22 years
As late as 1947, only a few thousand Americans owned televisions.
ATM: 18 years
As banks reduced the number of tellers and started to charge for using the services of a teller, ATMs became by far the fastest way to get cash.
Debit Card: 12 years
The first debit card may have hit the market as early as 1966.
Internet: 7 years
Initially it was using a dialup modem and a portable computer, but you had to imagine the content – there was no online banking, no Wikipedia, no Google, no Ebay, no way for ordinary people to really do anything they would think was useful.
And from there we see the acceleration,
Paypal: 5 years
YouTube: 4 years
Facebook: 3 years
Twitter: 2 years
So we see that on the one hand, the automobile took 62 years, while Twitter took just 2 years. This just proves how technology is spreading like wildfire and has won us all over. Social media platforms are taking over our lives, with more than half of internet users (52%) using two or more of the social media sites (Facebook, Twitter, Instagram, Pinterest) to communicate with their family or friends.
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