In June 2014 taxi drivers in Europe went on strike. Their business was being disrupted by a mobile app that bypassed many of the protections they faced as a licensed profession. This is one of the most manual jobs on Earth, the last place you would expect to see digital disruption.
In July 2014 purchased music slipped 14% while subscription music grew by 50.1%. We were just getting used to iTunes and now it’s all gone Spotify.
From Business to Business trading companies, to architects and zookeepers, all industries are facing rapid change due to new more affordable, effective and convenient business models. The adoption of these new models is getting faster, perpetuated by the compound growth of digital technology and its acceptance by every generation, gender and nation of the world.