The creators and supporters of new technology enjoy predicting the demise of the old guard and, occasionally, these predictions are correct. Telegrams, printing presses, and coal powered vehicles have all been relegated to museums or remain in use only to lure sightseers and holiday goers. However, in most cases, new technologies don’t spell the end of established technologies.
Tag Archives: new technology
Tech entrepreneurs can frequently be heard describing their technology as disruptive. Figuring out exactly what that overused buzzword actually means for established industries is a slightly harder task. In some industries, disruptive technologies open up new markets and add an extra element of competition (something most firms are very used to).