LIVING IN THE I.T. ERA WEEK 3 Flashcards
a term of art coined by Clayton Christensen, describes a process by which a product or service takes root initially in simple applications at the bottom of a market and then relentlessly moves up market, eventually displacing established competitors.
Disruptive Innovation
Who coined the term Disruptive Innovation?
Clayton Christensen
is an innovation that significantly alters the way consumers, industries, or businesses operate.
Disruptive Technology
sweeps away the systems or habits it replaces because it has attributes that are recognizably superior (Smith, 2022).
Disruptive Technology
15 Disruptive technology trends
Robots Become Coworkers
From Wearable to Implantables
Bots Usurp Apps
Genetically Modified Lifeforms
AI Replaces White Collar Expertise
3D Printing Gets Industrial
Quantum Computing Gets Practical
Self Driving Vehicles On the High Street
Blockchain Disrupts More than Banks
Virtual Reality as a Commercial Reality
From Augmented Reality to Mixed Reality
Robots Teaching Themselves
Cybersecurity Wars
The Things are Taking Over the Internet
Renewables and Clean Energy Diversify
As robots start to be employed for an increasing range of job roles well beyond the production line.
Robots Become Coworkers
While 2016 saw increasing use of health and fitness trackers in the insurance and healthcare industries, disruption is more likely to come from experimentation with technology for inside the body.
From Wearable to Implantables
Advancements in AI-fueled machine learning and cloud software have led to real improvements in chatbot performance and real opportunities for businesses to take advantage.
Bots Usurp Apps
In 2016, DNA editing on the Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) genome editing platform transformed biology.
Genetically Modified Lifeforms
Machine learning successes showcased AI as a (more) reliable way of replacing smart people working out patterns.
AI Replaces White Collar Expertise
With the speed and scale of 3D printing increasing exponentially in the last 3 years, it will soon move from being a tech novelty to a core part of the manufacturing and construction process in many industries.
3D Printing Gets Industrial
Companies start to think carefully about the effect that quantum computing will have on their business models, with the potential they bring for massive process and data disruption.
Quantum Computing Gets Practical
Most of the large automotive groups are developing prototypes or have bought driverless tech companies and are regaining lost ground.
Self Driving Vehicles On the High Street
The disruptive potential of blockchain technologies has in 2016 proven not to be limited to currencies like Bitcoin disrupting the banking and mortgage systems.
Blockchain Disrupts More than Banks
No longer limited to the entertainment and gaming sectors. Education and healthcare are at the forefront of this innovation, with other uses also being found in everything from real estate to travel.
Virtual Reality as a Commercial Reality
Augmented Reality was only really propelled into the limelight in the summer of 2016 when Pokemon Go became a global phenomenon, and yet the AR industry is predicted to hit global revenues of $90 billion by 2020.
From Augmented Reality to Mixed Reality
Self-teaching robots have been one of the breakthroughs of 2016, more examples of botto-bot communication in which one machine shares its learning with another and deep learning-based networks which robots can tap into and teach themselves.
Robots Teaching Themselves
One thing is sure nobody can afford to ignore potential threats. The proliferation of big data and the rise of IoT makes businesses and consumers vulnerable, and huge investment is being poured into the area.
Cybersecurity Wars
With applications ranging from gardening, transport, energy, and sport to farming and medicine, connected cars and smart homes are now realities. Yet while it is in smart cities and industrial IoT that significant changes to productivity, lifestyles and business models will be seen.
The Things are Taking Over the Internet
With increasing public appetite for green energy, and a growing awareness of the transformational potential for the developing world, expect to more disruption to energy companies and see more innovation in solar, wind, tidal, biomass, and geothermal technologies, and virtual power stations.
Renewables and Clean Energy Diversify