Disruptive Technologies

Disruptive technologies are innovations that significantly change the way industries operate, often displacing established technologies and businesses. They typically start at the lower end of the market, offering simpler, more affordable solutions that eventually improve and attract mainstream customers. Examples include smartphones disrupting traditional phones, streaming services changing how we consume media, and electric vehicles altering the automotive landscape. These technologies can create new markets and shift consumer behavior, leading to transformative impacts on economies and societies. Understanding disruptive technologies helps individuals and businesses adapt to rapid changes in their environment.