>Fully elucidating these economic and cultural factors is a major future project of this blog
One rule of thumb seems to be that a new technology needs to be not merely better but ten times better than the alternative(s) for it to go viral. For instance, James Dyson built a washing machine with twin contrarotating drums. It was significantly better than conventional machines, but not ten times better when all costs were accounted for, e.g. the increased price and its unconventional larger size.