a digital disruption

The NBN, which is the core public infrastructure of the digital economy, will enable the collapse of “value chains” and enable employees to work from anywhere. That means less office space, or shared office facilities in locations outside the CBD.

I had the impression that there was little sense of how the digital innovations are transforming the economic landscape far more profoundly than other big shifts in our economic history such as deregulation, oil shocks or mining booms.

fashion shop
fashion shop

The growth of smartphone apps means that industries (eg., the taxi industry) need to get used to this happening more as consumers increasingly cut out the person in the middle to make their decisions about purchases and services.

The negative reaction to the digital disruption (eg., from retailers) suggests that businesses just don’t understand the changes that are occurring. How many tourist businesses in South Australia have a website, let alone an e-commerce-enabled website, I wondered?

How many art galleries in Adelaide offer this kind of digital service?