We live in a time when “disruptive technologies” are transforming the business world by reshaping industries, creating new business models and challenging established market leaders.
In 1965, Gordon Moore predicted that “the number of transistors per silicon chip will double every year”. This became a theme for describing the pace of technological change ever since then. Moore’s Law, as it became known, could not, however, predict the impact of major sociological events, such as the Space Race, the Cold War and more recently, the COVID 19 pandemic. It can be argued that these events changed the pace of technological development and accelerated the pace of Moore’s Law.