Jim Flynn is a humorist, writer and novelist. He is available for speaking engagements. To contact email: email@example.com
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General Stores used to be thriving businesses in America. Then there were supermarkets, then big box stores, now there's Amazon.
Wall Street likes to talk about Disruptive Technologies.. What does that mean?
Disruptive technologies refer to innovations that drastically alter or replace existing products, services, or concepts, rendering traditional methods obsolete. These technologies are characterized by their rapid growth and widespread adoption, often leading to a paradigm shift in the market landscape. Disruptive technologies often stem from unconventional thinking and are successful because they address unmet needs or inefficiencies in the market in novel ways. They offer superior performance, accessibility, or cost-effectiveness, attracting a large user base and prompting a shift in consumer behavior. As these technologies gain traction, established entities either adapt and integrate the innovations or face decline. Disruptive technologies can foster competitive advantage, unlock new market segments, and drive economic growth and societal advancement when effectively harnessed and implemented.
The previous paragraph was written by a disruptive technology: Chat GPT.
I gave Chat GPT the following instruction:
You are a Wall Street technology analyst. Write a paragraph defining Disruptive Technologies and explain why they are so effective.
I am encouraging people to learn AI, even if they just want to know what's coming.
Or you can just be the owner of the above pictured General Store.
Be on the Lookout: The Circle of Awareness is coming soon.