
My coursemate Simon and I were talking about a really brilliant idea he had for a new business, and I had the thought: does disruptive technology necessarily mean the loss of certain jobs? I’m thinking of Uber and taxis, AirBNB and hotels, Amazon and Borders/Barnes and Noble, Facebook and MySpace, cars and horses and trains. If a new technology comes along and disrupts a sector of the economy, does that necessarily mean that some people – not all, but some – will have to change and adapt or face becoming extinct? Or can disruptive technology act in a way that allows these jobs to change in small ways?
Disruption means to change in big ways which usually goes along with making processes more efficient and/or faster/cheaper. I don’t think you can have have disruption and changing of jobs in small ways. To change jobs in small ways I can only see bringing incremental change.
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