In his groundbreaking book “The Innovator’s Dilemma”, Professor Clayton Christensen lists out some of the disruptive technology we have witnessed during our times.
Disruptive technologies displace past technologies by offering superior value that solves the customer’s needs, hence creating a new market altogether. For example, the photographic film was designed to meet the customer’s needs of capturing, storing and displaying moments in a visual format. However, digital photography and the internet have been able to achieve these at a much faster rate and cheaper cost, plus allows customers to also share memories seamlessly, and use these images for other products.
An exciting one on the horizon is of course 3D printing. Imagine printing whole houses, machines in remote places where technology is inaccessible, even in outer space. Transportation costs, logistics may be a thing of the past.
What are some other exciting disruptive technologies that are currently in the pipeline? Share your thoughts in the comments.