Technology continues to advance at warp speed, disrupting every industry. Even such juggernauts as Amazon, Microsoft, Google and Apple are wrestling the impact of disruptive impact on their business models.
There is no better example than Apple’s announcement this week of leadership changes that signal a change in direction from an iPhone driven company to one that will chart a course focusing on transformative technologies. The retail chief Angela Ahrendts exited left while the artificial intelligence guru was elevated to the executive team. There were numerous other significant management changes reflecting Apple’s pivot away from an emphasis on hard goods to cyber.
What we are observing is the next generation of technological evolution that will even more profoundly impact every business as new technologies emerge at warp speed. Yes, even the sleepy real estate industry is in for disruptive shocks, so beware.