1. Disruptive Technology Adoption

Disruptive technology adoption refers to the process by which new technologies emerge and disrupt established industries or ways of doing things. These innovations often start at the lower end of the market, offering simpler, cheaper alternatives. Over time, they improve and attract mainstream users, leading to significant changes in consumer behavior and business practices. Examples include smartphones replacing traditional cameras and streaming services disrupting cable television. As companies and individuals adapt to these changes, they can benefit from new efficiencies and opportunities, but they may also face challenges as old technologies and business models become obsolete.