Industries were upended by technological advancements from "summary" of When the Heavens Went on Sale by Ashlee Vance
Technological advancements have a history of causing chaos in the business world. The ability of new technology to disrupt established industries is a recurring theme throughout history. Industries that were once considered untouchable have been completely transformed by the introduction of new and innovative technologies. The impact of these advancements can be seen in every sector, from manufacturing to entertainment. When a new technology emerges, it often renders existing business models obsolete. Companies that fail to adapt to these changes quickly find themselves struggling to survive in a rapidly evolving marketplace. The rise of the internet, for example, completely changed the way people consume information and interact with each other. Traditional media companies that failed to embrace digital platforms quickly fell behind their more agile competitors. The pace of technological innovation shows no signs of slowing down. As new technologies such as artificial intelligence and blockchain continue to develop, industries across the board are ripe for disrupti...
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