Tech Adoption Pattern
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Sam Parr observes that emerging technologies and movements follow a consistent pattern from being dismissed as weird to gaining mainstream acceptance. He draws parallels between Bitcoin's early days and other tech movements, noting how they all share similar trajectories from fringe to mainstream.
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The pattern of tech adoption follows predictable stages:
- Starts with a small group of "weirdos" or "nerds" regarded as "freaks"
- Initially dismissed by the mainstream ("this product is dumb")
- Gradually gains legitimacy when established figures take notice
- One "legitimate financier" gets interested, then another, then another
- Faces and overcomes controversies
- Eventually reaches widespread adoption
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Sam's personal reaction to new tech follows a similar pattern:
- "This product is dumb"
- "Oh my god people are using this, they're dumb"
- "Oh my god everyone's using this, I'm dumb"
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He cites Bitcoin as a prime example:
- Early Bitcoin conferences had only about 50 people in "shitty restaurants"
- The community started as just "nerds" not taken seriously
- The book "Digital Gold" documents this journey from fringe to mainstream
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Sam sees this pattern repeating with other technologies:
- He mentions Meta glasses (VR/AR) following the same trajectory
- Recognizes that many current technologies that seem weird may follow this pattern
- Finds this recurring pattern "really fun" to observe
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The pattern represents a fundamental truth about how innovation spreads:
- Starts on the fringes with passionate early adopters
- Faces resistance and skepticism
- Gradually gains legitimacy through influential adopters
- Eventually becomes normalized and mainstream
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.