Discussion | Disruptive Technology

Discussion | Introduction to Entrepreneurship

Discussion | Disruptive Technology

24 points

Learning Objectives

· Understand the business concept of disruption.

· Describe business environments that allow the opportunity for technology disruption

Instructions

Every week you will be asked to reflect and respond in a Discussion Board forum. Your contribution to the topic should be clear, complete, and accurate. This assignment also requires that you read the discussions posted by your classmates and share substantial feedback to at least one peer. Substantial feedback shares detailed insight and expands on the discussion topic.

You are required to meet the following guidelines.

· Develop a detailed response using APA format (in-text citation, reference list) and utilizing at least one credible resource in addition to the assigned resource. This means you are required to conduct additional research and include at least  two references total. 

· Post your initial response before  Friday, by 11:59pm

· Post substantial feedback to a classmates post before  Sunday, by 11:59pm

After completing the assigned readings (Linkedin Article:  Impact of Disruptive Technology in Business) answer the following discussion questions. 

1. Define disruptive technology and discuss two ways that it can affect a business environment.

 

2. According to Case Study 1, how was the UR5 beneficial to SFEG

 

3. What is the current average robotic density in the US and how does it compare to the rate shared in Case Study 1? Discuss this data trend and your predictions on how it will affect the future of the business workforce.

The original post OF AT LEAST 150 WORDS is due by tomorrow.  Responses OF AT LEAST 100 WORDS EACH to two classmates are also required and due by Sunday at midnight.  Users must post in order to see classmates' replies to this discussion.

Instructional Materials to Use to complete the assignment

Linkedin Article

(FYI: There are several grammar and spelling errors in this article.)

https://www.linkedin.com/pulse/impact-disruptive-technology-businesses-harshal-agrawal/

https://www.ted.com/talks/elizabeth_strickler_nfts_the_metaverse_and_the_future_of_digital_art

FIRST CLASSMATE POST:

Isaiah Brooks

ThursdayAug 18 at 11:27pm

Manage Discussion Entry

1.Disruptive Technology is technology that is able to affect a normal operation of a market ,industry, or businesses operate.It basically sweeps away systems and replaces it with superior systems.It can help by modifying  a company that processes how to adapt, and helps provide provision of better services that will make sure the company is modified.

2.The UR5 bot  helped the SFEG by deploying  a fleet of mobile UR robots deployed throughout the sheet metal department, integrating them in the entire production cycle from cutting the initial blank on the blanking press to forming, folding and final assembly of the electrical components. Additional robots are planned to help tend the turret presses and press brakes.The UR5 cuts 16,000 wires daily, a job that used to be performed manually.The UR5 is placed at the end of the line right next to an employee that hands the robot a motor field part. The UR5 picks up the part, puts it in a holder, picks up a wire cutter to trim the wires.

3. The current average robotic density in the US is 176 units in 2015 to 255 units in 2020, ranking 7th in the world – ahead of Chinese Taipei 248 units and China 246 units.It compares to case study 1 because of how many bots were made from year to year around the world.The future of the business workforce will come down to how much technology will develop and sell overtime.Also how  much company's can make from the upcoming profit that is made from how much tech is sold by businesses .

SECOND CLASSMATE POST:

Keyshaun Fleetion

YesterdayAug 19 at 8:43pm

Manage Discussion Entry

Impact of Disruptive Technology in Business - Keyshaun Fleetion

1)  Disruptive technologies are recognized for their superior attributes, leaving behind the systems they replace. With disruptive technology, businesses can grow exponentially and be more successful. In addition, with new technology, workers' repetitive, tedious tasks are being eliminated, enabling them to be more strategic and innovative. 

2)  The advantage of employing UR5, a universal robot, eliminated tedious and dangerous tasks for humans.

3) The current average robotic density in the US is 720,550 units. In contrast to Case Study 1, the average robotic density was 230,000 units in 2014. The uprising in robotic density has increased by 490,550 units. From my perspective, with more new advancements in technology, there will be a constant increase in robotic density. Which will lead to job loss and a rise in unemployment. 

(Detailed APA Format Response)

The impact of disruptive technology in business has been gradual. According to Agrawal (2018), "technology has the potential to drastically change the way to work, live, do the business and increase the economic output" (p. 1). The use of disruptive technology makes products more affordable and accessible to a large community of people. In agreement with Smith (2022), "In most cases, disruptive technologies are better than the systems they replace, and they overthrow existing habits or systems"(p.1). As a result of innovation, products and services become better in a way the market does not expect or demand, but which rapidly becomes known as the best option for consumers. 

References

Smith, T. (2022, July 8).  What is disruptive technology? Investopedia. Retrieved August 19, 2022, from  https://www.investopedia.com/terms/d/disruptive-technology.asp#:~:text=What%20Is%20Disruptive%20Technology%3F,attributes%20that%20are%20recognizably%20superior  (Links to an external site.) .

Agrawal, H. (2018, March 10).  Impact of disruptive technology in businesses. LinkedIn. Retrieved August 19, 2022, from https://www.linkedin.com/pulse/impact-disruptive-technology-businesses-harshal-agrawal