Bleeding edge
The term “bleeding edge” is an upgrade to the term “cutting edge”, used widely in the field of technology. Bleeding edge technology is technology that introduces a new generation, next-level innovation, which is considered the first of its kind.
For instance, the introduction of the first Apple iPhone, which was the first cell phone to rely on touch technology, was considered bleeding edge technology.
The risk of whether bleeding edge technology will be widely adopted or not is always present. If widely adopted, the innovators and those who adopted the technology are considered first movers and usually make a lot of money. If not, they will have invested a tremendous amount of resources for a failed product. Hence, investing in bleeding edge technology is always a risk for businesses and individuals alike.