Reinvention in the age of AI - IoT Agenda

In the economic game of survival of the fittest, reinvention is a constant theme. Where would Samsung be today if it still sold dried fish? For example, Uber is often mentioned as an example of an industry disruptor that displaced jobs for incumbent taxi drivers. However, a recent analysis of Uber's impact on U.S. cities showed that Uber not only increased the number of jobs for drivers by 50% on average, but the wages for Uber drivers were about 10% higher. The same is true for technological progress -- while it does disrupt the way things were done in the past, it also opens the door for new opportunities and skills.