Business Quote by Barry Ritholtz
“History is replete with examples of tech firms that were marginalized by new companies and technologies.”
About This Quote
Source Podcast: Markets and Innovation, Barry Ritholtz, 2020
Tech companies often become obsolete as newer firms and technologies disrupt them, illustrating the need for adaptation.
In simple terms: Tech firms get displaced by newer tech.
Adapt continuously to stay relevant.
Themes
Mood
Type
When to use this quote
- business strategy
- investment decisions
- product development
Key Concepts
Questions to Reflect On
- How can firms anticipate disruptive threats?
- What strategies help maintain relevance?
Disruption can be unpredictable and rapid.