The McKinsey Global Institute has identified 12 technologies they think are disruptive and one of their criteria is economic impact. These 12 technologies could have a value added impact of $14 to $33 trillion dollars by 2025. Is global economic impact a good criteria upon which to judge disruptive technology? And if it is, will it simply replace the revenues of those products that were disrupted?
The relentless parade of new technologies is unfolding on many fronts. Almost every advance is billed as a breakthrough, and the list of “next big things” grows ever longer. Not every emerging technology will alter the business or social landscape—but some truly do have the potential to disrupt the [...]