What does "disruptive technology" mean? 🔊
**What does "disruptive technology" mean?**
Disruptive technology refers to innovations that significantly alter or displace existing markets or industries. These technologies often introduce simpler, more affordable solutions that appeal to overlooked consumers. Over time, they can erode or eliminate established businesses and practices. Examples include the internet, mobile phones, and streaming services, which have transformed traditional models in communication, entertainment, and media, reshaping consumer behavior and market dynamics.
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