Whether it happens among students in a classroom, or engineers in a laboratory, innovation is a process, a series of steps that begins with imagination, and results in the creation of something of value for society.

Theories of technology often attempt to predict the future of technology based on the high technology and science of the time. As with all predictions of the future, however, technology's is uncertain. Futurist Ray Kurzweil predicts that the future of technology will be mainly consist of an overlapping "GNR Revolution" of Genetics, Nanotechnology, and Robotics, with robotics being the most important of the three.

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