"Technological disruption" refers to the significant changes or upheaval caused by the introduction and advancement of new technologies. It generally implies that the existing ways of doing things or existing industries may be disrupted, transformed, or replaced by newer and more efficient technologies, leading to major shifts in society, economy, and culture.
Full definition
The level of connectivity in devices is the reason why this period
of technological disruption is different from prior periods such as the 1990s tech bubble.
Certainly, globalization has played a role in keeping price pressures contained, and
recent technological disruption has additionally weighed on inflation.
Although many industries have
experienced technological disruption since the millennium, software and tech have not started «eating the world» of commercial real estate until relatively recently.
However, as the legal industry goes through a state
of technological disruption and cost - cutting initiatives, traditional paths to success are constantly being challenged.
«This latest research suggests that the property industry is poised
for technological disruption, significantly changing how home buyers approach each of the three key phases of home buying: researching, financing and purchasing.»
This article originally appeared Business Day — Stuff, 13 August 2017 The legal industry is generally behind the 8 - ball when it comes to innovation and
technological disruption which can make lawyers «freeze up», LawFest organiser Andrew King says.
To make matters worse, several of the discounted companies in the last few years have been what we consider to be either low - quality businesses or former high - fliers that now face structural challenges
from technological disruption.
Rebeiro will also give a keynote talk about the changing demands of clients and future business models
as technological disruption creates a perfect storm for the legal profession.
Good news for value investors as the WSJ reports that Seth Klarman at Baupost is still finding value opportunities in firms being attacked by the likes of Amazon, saying: «
Increasing technological disruption is already pushing some securities well below our -LSB-...]
The
unstoppable technological disruption of the legal sector will force firms to emerge from the veil of secrecy into a new era of transparency and openness, says Dominic Zammit, Head of Digital at global brand consultancy Industry.
YoBit Review: With the fast -
paced technological disruptions sweeping the world altogether, digital currencies aka cryptocurrencies have marked the onset of the digital era.
«There have been so
many technological disruptions in transportation, particularly in the areas of electrification and automation, that will change the way we move around.
Kristina: Crypto assets have grown over the past year, and as we talk
about technological disruption in this area, how do you think about that as an organization and how does that feed into your investment process?
Today,
massive technological disruptions and long - term demographic trends are remaking the inflation landscape, and we believe both investors and policy makers need to abandon an overly rigid view of price change.
Another school of thought was about picking the
next technological disruption, whether it was biotechnology, internet commerce, solar power, computing and networking developments, or thousands of other ideas that looked like «sure fire» technological advances at the time.
Pointing to the much touted example of horses versus cars in New York City, and to the absurd underestimates of cell phone adoption rates in the late eighties, Seba argues that insiders almost always
miss technological disruptions of this scale.
While technological disruption is occurring and some tasks are being automated, a McKinsey study found that less than 5 percent of jobs can be totally automated in the next three to -LSB-...]
Competitive forces are causing owners, developers and investors to rebalance their portfolios, rethink how they find the right deals and reinvent how they do business
amid technological disruption and increasing government regulation.
«This latest research suggests that the property industry is poised
for technological disruption, significantly changing how home buyers approach each of the three key phases of home buying: researching, financing and purchasing.»
There is no hiding
from technological disruption these days which has spread quickly into every sector from health care, oil and gas, consumer discretionary, real estate, banking, insurance, legal, accounting — even to the investment industry.
«
Increasing technological disruption is already pushing some securities well below our assessment of underlying value,» writes Mr. Klarman, «as legitimate concerns are, in some cases, carried to excess.»
This evolution can be attributed to
technological disruption and the need for specialization in the digital world that has given rise to new executive roles expected to harness and capitalize on the explosion of data.
Today, businesses are threatened by competition,
technological disruption and other forces that require a more adaptable and fearless mindset.
Market research firms face a threatening combination of
technological disruption, upstart competitors and evolving customer expectations.
After pioneering the technology behind marijuana delivery service Eaze, Roie Edery and Aleksey Klempner began looking for other industries that were «ripe for
a technological disruption» — and they kept coming back to food trucks.
The strongest economies going forward will be the ones that adjust rapidly to
the technological disruption which is surely to continue.
Today, it is price action that is driving these investable themes, rather than news flow, and the amplitude of the real economic cycle has flattened alongside a breakdown in sector correlations (due to
technological disruption).
A counterpoint to their idealism is the practicality of monetary regulators like the Internal Revenue Service (IRS), which must exercise mandates irrespective of trends, despite
the technological disruption currently redefining what money is.
Overblown concerns about balance sheet liabilities, macroeconomic headwinds, and
technological disruption have the market projecting the company's cash flows will be permanently cut in half, a scenario which seems unlikely.
Tim talks about the future of
the technological disruption of the blockchain and what it means for future governments, finance, etc..
The technological disruptions are shaping up almost every field of business and retai....
The technological disruptions are shaping up almost every field of business and retail industry is no exception.
Given the extent to which parts of IBM's business were vulnerable to
technological disruption, this was perhaps a case of Berkshire extending outside of its comfort zone.
Overblown concerns about balance sheet liabilities, macroeconomic headwinds, and
technological disruption have the market projecting the company's cash flows will be permanently cut in half.
The BC Greens should be commended for their forward looking approach to both the positives, and potential negatives of
technological disruption.
This labor market recovery appears all the more impressive when it's considered in the context of structurally lower economic growth due to population aging trends, as well as
the technological disruptions being experienced by many industries.
You must read this one if you want to understand how the job market is evolving due to
technological disruptions.
Along with
technological disruption, Cannes is contending with social forces shaping the film industry.
Today's companies live in a world of continual information flow, global competition, and
technological disruption.