Investing Quote by Nathan Myhrvold
“Technological 'revolutions' don't really overthrow anything - they simply append a new and dynamic market to that which went before.”
About This Quote
Source Speech: MIT Technology Review Forum, 2015
Technological revolutions add layers to markets rather than replace existing structures.
In simple terms: Tech adds new markets, not replace old ones.
Innovate by building on existing foundations.
Themes
Mood
Type
When to use this quote
- product development
- strategic planning
- investment analysis
- policy making
Key Concepts
Questions to Reflect On
- How can businesses adapt to layered markets?
- What risks arise from constant additions?
New markets can cannibalize old ones.