What Are Some Examples of Technological Disruption?
Several industries have experienced significant disruption due to technology:
Retail: The rise of online shopping platforms such as Amazon has transformed the retail industry, causing traditional brick-and-mortar stores to adapt or perish. Transportation: Ride-sharing services like Uber and Lyft have disrupted the traditional taxi industry by leveraging mobile technology and geolocation. Finance: Fintech companies are using technologies like blockchain and AI to offer innovative financial services, challenging traditional banks. Healthcare: Telemedicine and wearable technology are changing how healthcare services are delivered and monitored.