Disruptive Technology

Context:

• Recently, Air Chief Marshal V.R. Chaudhari stressed the need for investing in new and disruptive technologies in the Synergia Conclave 2023.
• Synergia Conclave serves as a platform to draw together the most insightful ideas and solutions from around the globe

More on News:

• Application of Disruptive technology:  Air Chief Marshal said that conventional knowledge would lead to incremental change but the innovative use of converging technology would lead to exponential change.

What Is Disruptive Technology?

• Introduction: Clayton Christensen introduced the idea of disruptive technologies in a 1995 Harvard Business Review article. Christensen later expanded on the topic in The Innovator’s Dilemma, published in 1997
• Disruptive technology is an innovation that significantly alters the way that consumers, industries, or businesses operate.
  • Some examples of disruptive technologies include online shopping, and ride-sharing apps, Blockchain.
• A disruptive technology has the potential to replace the existing systems or habits through its attributes that are measurable and superior.

How is disruptive technology different from sustaining technology?

• Most technology is considered sustaining rather than disruptive. Sustaining technology evolves slowly and steadily over time. 
• Established businesses typically work with sustaining technologies that allow them to refine their production methods and corner a known market. 
• However, over time a disruptive technology can become a sustaining technology as it becomes firmly established.

News Source: The Hindu

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