InvestNow News 6th Sep – AMP Capital – Why disruption alone is not enough
3rd sep 2019 – Simon Steele – Head of AMP Capital Global EquitiesLondon, United Kingdom
Capitalising on opportunities created by disruption is, in our view, a key investment theme in the 21st century as technology advances the pace of change, but the concept of disruption itself is not new – it is simply a modern-day term for the change to a longstanding phenomenon that has underpinned economic development for a period of time.
From an economic standpoint, disruption leads to efficiencies by reducing costs and introducing new goods and services, as well as fast-tracking and improving business outcomes. Society has benefited substantially from the competitive and innovative forces upon which disruption is founded, helping to raise living standards.