Cost Quote by Norman Pearlstine
“Just as there's some technologies that jeopardize revenue for traditional products, there are also technologies that can significantly lower costs.”
About This Quote
Some technologies disrupt traditional revenue streams, while others dramatically reduce costs, reshaping markets.
In simple terms: Tech can hurt profits or cut costs, changing markets.
Adapt to cost‑saving innovations.
Themes
Mood
Type
When to use this quote
- business
- strategy
Key Concepts
Questions to Reflect On
- Which tech offers the biggest cost savings?
- How can firms mitigate negative impacts of disruptive tech?
Cost‑cutting tech may lead to job loss.