Advertising Quote by John Sununu
“The Internet creates as well as destroys. Social networks, search advertising, and cloud computing are multibillion dollar industries that didn't exist 10 years ago. They are products of the same force that has rendered the Postal Service's core business obsolete.”
About This Quote
Source Speech: Remarks on Technology and Economy, United States Senate, 2010
The same technological forces that enable new digital services also disrupt older industries, making some obsolete while spawning massive new markets.
In simple terms: Technology both builds and breaks existing systems.
Embrace change, anticipate disruption.
Themes
Mood
Type
When to use this quote
- business strategy
- career planning
- policy making
- investment decisions
Key Concepts
Questions to Reflect On
- How can societies balance innovation with protecting vulnerable workers?
- What policies can mitigate negative impacts of rapid tech change?
Disruption can cause social inequality and job loss if not managed.