disruptive technology
Market-shaking innovation
Disruptive technology is an innovation that fundamentally transforms or displaces established industries, products, or ways of doing things.
The term gained currency in business writing during the 1990s: The smartphone was a disruptive technology that upended multiple industries at once.
Disruption often begins at the low end of a market before eventually overtaking dominant players.
- job displacementLoss of employment position
- artificial intelligenceMachines mimicking human thought
- blockchainCryptographic linked transaction record
- autonomous vehiclesMotor transport needing no human
- UberApp-summoned car service
creative destruction · first mover advantage · nanotechnology · 3D printing · digital divide · renewable energy · privacy concerns · quantum computing · e-commerce platforms · digital banking · digital transformation · legacy systems · competitive advantage · early adopters · ethical dilemmas · online education · smart cities · robotics
disruptive technologycontinuous improvement
Incremental ongoing enhancement
refinement · optimization · enhancement · minor update · patch
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