Disruptive Technologies Part 1: How music editors are related to steam engines
I am not into technologies, those that change so ever fast, and always. But I do observe technological trends, along which the development of scientific applications revolves.
And of all trends, perhaps disruptive technologies are the defining path of industrial implications, a linear passage that technological progress almost invariably follows. Though the concept of disruptive technologies is only popularized in 1997 by Harvard Business School Professor Clayton Christensen in his best-seller The Innovators Dilemma, the phenomenon was already evidenced back in 1663, when Edward Somerset published designs for, and might have installed, a steam engine.
As put forth by Clayton Christensen, disruptive technologies are initially low performers of poor profit margins, targeting only a minute sector of the market. However, they often develop faster than industry incumbents and eventually outpace the giants to capture significant market shares as their technologies, cheaper and more efficient, could better meet prevailing consumers demands.
In this case, the steam engines...
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