The Absolute Power of Disruptive Technologies

How they are disrupting the markets and also your daily life

If you’re tired of the educational systems setting your thinking then, move in accord.

Contrarian thinkers are the one’s who swan against the current. They fight massive battles against installed powers. And because of that, they are seen as visionaries.

They are the executors, the one’s who are always questioning everything. They are still the new generation of philosophers.

Yet, history has mistreated these disruptive human beings. Ostracizing them and making a real witch hunt, while they broke with dogmas, myopia, and fundamentalisms.

Ironically their power has always concentrated on error. They’ve been mostly wrong. And there’s where lies their power and strength.

The error is the magnetic attraction of contrarian thinkers.

“You have to remember that contrarians are usually wrong.”- Jeff Bezos.

In an era of profound disruptive innovation, contrarian thinkers once more lead the revolution.

Contrarian thinkers master the art of finding one solution that won the day.

Yet, the questions remain.

We know contrarian thinkers always look for the truth, absolute truth.

So, what are they changing right now in search of the longed-for truth?

And how is this new truth influencing us in our daily lives?

Will this new technological revolution brings us closer to justice, and equality?

Nothing on the Planet Grows Except by Convergence

We’re facing a disruptive innovation era as a unique event. Many platforms and technologies are converging after they mature in the first decades of this century.

So, why didn’t disruption work in the tech bobble of 2000?

Because the cost of production was too high. And there was too much capital chasing so few opportunities.

As an example of cost production, to sequence the first all human genome took thirteen years of computing power. And it costs 2.7 billion dollars.

Today it takes roughly 600 dollars and a few hours of computing power. That’s what a convergence technology breakout does. It has a deflationary power.

The Price Is Too Low for a Bear and Too High for a Bull

Some of the new technology companies have been entirely misunderstood by Wall Street.

Traditional analysts and asset managers consider the benchmark to be the center of their universe. While tech companies can’t be evaluated for something that doesn’t yet exist.

We’re not here to invest in what has already worked. Investing is about the future. — Cathy Wood, CEO of Ark Invest

The future is going to disintermediate and disrupt the traditional benchmark.

And you have already started to see it in the recent Game Stop novel. Young and smart investors are tired of seeing hedge funds manipulating the stock market at their own pleasure.

So, as highly tech-savvy investors, these young Redditors are disrupting the investment market. Whether developing new fintechs. Or confronting the old hedge funds.

I believe technology innovations are going to finish the job about immorality in the stock market. The markets should be a powerful tool to finance companies, not to feed speculation and casino bets.

We’re Changing the World With Technology

Some specialists believe that deep learning can create more economic value than the Internet did.

Deep learning is a form of artificial intelligence (AI) that uses the data to write software. By “automating” the creation of software, deep learning could turbocharge every industry.

Over two decades, the Internet added $13 trillion to equity market capitalizations globally. Deep learning has created $2 trillion in market capitalization as of 2020.

Ark Invest believes that deep learning will add $30 trillion in equity market capitalization over the next 15–20 years.

All the technologies that are using deep learning, like Tik-Tok, Alexa, or self-driving cars, are lowing AI costs at a rate of 37% a year. So, the growth rate for companies using AI, and thus deep learning, will explode.

5 Platforms, 14 Technologies

In the present time, 5 major platforms will revolutionize the global economy.

• Artificial Intelligence; Robotics; Blockchain Technology; Battery Storage; DNA Sequencing.

From this base, new technologies emerge:

• Deep learning, streaming media, electric vehicles, battery cost tipping point, automation, 3D printing, autonomous ride-hailing, aerial drones, next-generation DNA sequencing, biotech R&D efficiency, digital wallets, Bitcoin, cryptocurrencies, and gaming.

For the next 20 years, these technologies will influence us, like the telephone, electricity, and internal combustion engines did, at the beginning of the 1900s.

It will change the way we work. It will change our cities landscape. It will change our behavior as social communities.

We’ll have more time for leisure, and less time for work. We’ll have more quality of life, and less pollution in the air.

The world is going to change a lot. We don’t know if it’s for the better. Yet, it will be so much different than today.

Final Thoughts

If you open your smartphone, you’ll have access to infinite free service apps. That’s the true definition of a deflationary economy.

Technology disruption will not only change your life in a matter of comfort, health, and wealth. It will also be tremendous deflationary. You’ll have access to thousands of services at zero cost.

New Yorkers couldn’t imagine themselves riding in a car, as they always rode horses in the 1900s. In the same way, you can’t imagine yourself entering a self-driving vehicle and let it take you wherever you want.

Most people don’t accept future technologies. They have hard times projecting their life ten years from now.

We more readily look to the past than to our future self. It’s a human characteristic.

And that’s why so many people don’t believe in self-driving cars or cryptocurrencies.

Humans are accommodated to the reality for which they live daily. Any new concept that forces them to change radically provokes resistance.

Hence the word disruption.

One thing I’m sure of. The world will change, in the next 20 years, in ways we can’t imagine.

It’s time to open our minds and embrace it. Embrace it as humans accepted the internal combustion engine, the telephone, and electricity.

I’m forty-five years old, and I want to enjoy all the good things these new technologies can offer me.

I already have my arms wide open to receive.

How about you?

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