Interesting Times: Business Change In An Era Of Tech Disruption

When reflecting on epochs in world history, historians often make reference to an ancient Chinese curse – "May you live in interesting times!" Today, we live in a time characterized by rapid technology transformation, and resulting social, political, and economic disruption. In its wake, few institutions have remained untouched. Like the Industrial Revolution of the early 19th century, impactful change of this magnitude generally occurs but once a century, and is the culmination of a convergence of trends – in our time these trends include globalization, the emergence of the Internet, Big Data, artificial intelligence (AI), and ubiquitous computing power. The results can be dislocation, upheaval, opportunity, and inequality.