For several decades, disruptive technology has been transforming society, the economy, and the way we live our lives.
Yet according to many analysts, the technological revolution has only begun.
In the coming decades, disruptive technology will have an even greater impact than it has in recent years, transforming the world in ways that most of us can barely begin to imagine.
Top Disruptive Technology Trends that Are Transforming Today’s Economy
According to Ark Invest, an investment firm specializing in disruptive technology, there are five technology platforms on the verge of transforming the modern world:
These platforms, ARK believes, will give rise to a multitude of individual technologies that will completely disrupt the economy, the business landscape, and the way we live our lives.
ARK suggests, for instance, that in the next decade and a half, deep learning will have a greater impact than the internet itself and generate trillions of dollars in market capitalization, revenue, and GDP growth.
Many experts recognize that these technological developments are part of a major technological revolution, which has been dubbed the third industrial revolution by some and the fourth industrial revolution by others.
According to proponents of the latter, the current technological trends can be divided into three categories:
Physical technologies, such as robotics and manufacturing
Biological technologies, such as DNA sequencing
Digital technologies, such as the Internet of Things (IoT)
However, the model used to describe today’s technology-driven revolution is actually less important than the fact that it is about to transform the world, and most people are completely unprepared for tomorrow’s digital economy.
Investors, business owners, and employees must begin pivoting now for a future that is built upon these disruptive technologies.
Whether that means investing in disruptive technology, rethinking business strategies, or learning new skills, it is important not to wait – after all, those that lag behind today may get left behind tomorrow.