Day-to-Day Disruption: How Disruptive Technologies are affecting the Way We Work

Abstract

Disruptive technology has the power to create and destroy value chains and markets. Disruption is fundamentally changing the way the world works. Today’s businesses, government and individuals are responding to shifts that would have seemed unimaginable even a few years ago. Artificial intelligence and robotics are reinventing the workforce. Drones and driverless cars are transforming supply chains and logistics. And changing preferences and expectations most notably in the millennial generation are altering consumption patterns and demand for everything from cars to real estate. A disruptive innovation is an innovation that helps create a new market and value network, and eventually disrupts an existing market and value network (over a few years or decades), displacing an earlier technology