“12/Rich people always had books, music, clean clothes, etc.; disruptive innovation made these things available to many more people.”
Interesting. It only looks at the first-level effects though, really. Like, Uber might make cab rides cheaper in the short run for the consumer, but what does it do in the long run to the taxi industry and for the Uber drivers themselves (and for the public transportation system, which might lose customers to Uber but still needs to serve the people who can’t afford Uber).
So, does this mean that Uber isn’t a disruptive innovation if it might preserve the status quo in the long term?
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