Economist (September 17)
“Disruption may be the buzzword in boardrooms, but the most striking feature of business today is not the overturning of the established order. It is the entrenchment of a group of superstar companies at the heart of the global economy.”
Tags: Boardrooms, Buzzword, Disruption, Entrenchment, Established order, Global economy, Overturning
Institutional Investor (May 23)
Autonomous driving (AD) will transform society and it could prove the best (or worst) of times for insurers. Nobody really knows. “Futurologists assert that the safety advances and insurance industry disruption caused by AD technology will be unlike any since the advent of automobiles in the late 19th century. According to KPMG, over the next 25 years, there will be an 80 percent decline in accident frequency.”
Tags: Accidents, Advances, Automobile, Autonomous driving, Cars, Disruption, Futurologists, Insurance, Insurers, KPMG, Safety, Society, Technology
Institutional Investor (April 10)
“Despite a turbulent few years…. the auto industry retains its role as a bellwether of the global economy. Thus, recent findings that environmental factors are increasingly shaping the future prospects for many automakers will have profound implications for investors.” Increasingly those car makers taking “climate factors the most seriously are the best set for future growth.” Investors should take note that “policy responses to climate change are driving technological disruption that will have serious investment implications across many sectors.”
Tags: Automakers, Bellwether, Climate change, Disruption, Economy, Environmental factors, Future prospects, Growth, Investors, Turbulent
Institutional Investor (January 21)
“For more than half a decade, a seemingly irresistible momentum has been building around the idea that finance and technology are converging at a historical inflection point, a combination of business transformation and competitive disruption that has come to be labeled fintech.” Fintech “has legs,” making a “2000-style crash” unlikely. Still, fintech is not immune to cyclical decline, may be approaching frothy levels, and carries other risks as well.
Tags: Cyclical decline, Disruption, Finance, Fintech, Froth, Inflection point, Momentum, Risks, Technology, Transformation
Financial Times (September 16)
“Fears of disruption following a Scottish vote for independence and intensifying conflicts in the Middle East and Ukraine have damaged prospects for the world economy,” according to the latest assessment of the OECD, which lowered growth forecasts for 2014 to 2.1% in the U.S., 0.9% in Japan and 0.8% in the eurozone.
Tags: Conflict, Disruption, Economy, eurozone, Independence, Japan, Middle East, OECD, Scotland, U.S., Ukraine, Vote
Wall Street Journal (August 7)
“The most striking fact about the recently announced sale of the Boston Globe and Washington Post is their low prices…. The prices reflect the decline of newspapers as a business in the Internet age, which is the kind of creative destruction millions of Americans have experienced. Disruption is the price a capitalist economy pays for innovation, and the news business is merely the latest example.” The new owners should be welcomed as they provide “an opportunity for new ideas and perhaps a turnaround.”
Tags: Boston Globe, Capitalism, Creative destruction, Decline, Disruption, Ideas, Innovation, Internet, Newspapers, Opportunity, Owners, Prices, Turnaround, Washington Post
Washington Post (May 20, 2013)
“For all the wonders of the digital revolution, there is a turbulent and largely hidden underside of theft and disruption that grows by the day; the losses are often not counted in stacks of $20 bills but rather in millions of dollars of intellectual property stolen or compromised. Computer networks are vital to American capitalism and society but remain surprisingly vulnerable to hijack and hijinks.” More worryingly, the electric grid and much of the public infrastructure is also vulnerable. The U.S. needs to “erect better defenses” against cyberattack.
Tags: Computer networks, Cyberattack, Digital revolution, Disruption, Electric grid, Infrastructure, Intellectual property, Losses, U.S.
