Tag Archives: disruption

Disruption is as old as commerce, but the pace is accelerating of late. The rise of the sharing economy threatens incumbents in retailing, banking, and car insurance, while new financial and environmental regulations are increasing costs for banks, utilities, and autos. Chinese businesses, their home country’s economic troubles notwithstanding, pose an increasing competitive threat in the global steel, aluminum, railway equipment, power generation, and bulk chemicals industries.  ...

Disruption is either the gospel or the monster of the new millennium, depending which side of the trade you’re on. Every technology company worth its salt is aiming to disrupt something, and enough of them are succeeding that many conventional businesses face an existential threat. Why get a hotel room when you can rent a house or apartment on Airbnb? Why wait for a taxi when an Uber will come at the touch of a button? Why employ humans when there are faster, more precise robots?   But...