Describe the innovation and how it is disrupting the market
Describe the innovation and how it is disrupting the market
The purpose of this assignment is to identify and research a potential problem that technology could help to solve. The ultimate goal is to imagine where technology will be in 18-36 months and how it will solve problems. Technology is constantly growing exponentially. As entrepreneurs, you have opportunities to use this technology to solve grand problems within the world that would better the human condition.
Part 1
Identify at least three innovations that are currently disrupting an existing market. Write a 250-word summary (750 words total) describing each innovation, how it is changing the market, and the benefit it will provide. Include the following items:
- Describe the innovation and how it is disrupting the market.
- Explain what benefit the innovation provides.
- Describe what barriers limit the adoption of this new technology.
- Explain how many people are affected by the problem.
