Tech Disruption

Tech Disruption refers to significant changes in industries or markets brought about by innovative technologies or business models. This concept typically involves the introduction of new technologies that replace or alter existing products, services, or processes, leading to a shift in how companies operate and how consumers interact with those products or services. Tech disruption can create both opportunities and challenges, often resulting in the decline of established companies or industries that fail to adapt. Examples include the impact of digital streaming on traditional media, the rise of e-commerce over brick-and-mortar retail, and the influence of automation and artificial intelligence on various job sectors. Overall, tech disruption highlights the transformative potential of technology in driving economic and social change.