this post was submitted on 05 Nov 2023
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Technology
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Smartphones disrupted so more industries than they are at risk now because of any new techs, disrupting previously functional parts of the society. They sent home thousands of workers, ruining the life people with previously highly regarded jobs, from retail to bank and finance. Why do you regarded their introduction as "better"? Probably because we were just younger, and you were more open to changes, and when they caused turmoil you didn't felt the consequences.
(I am not against smartphone or technology, just trying to point bias and selective memory)
GPS is dope.
AI is dope as well. Still they all have impact on the market.
For sure they were companies relying on the tasks that gps does now to make a living. They most likely had to reinvent the business or die.
This is how market works since forever. Something is introduced, people make money out of it and push other people on the streets. It's an organizational problem, not a technological problem