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IY1 AELD L4 Assignment Brief 1 2024-25 (3)

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english assignment  disruptive technology

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Assignment 1 Notes

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Introduction

Disruptive technology is an innovation that significantly alters the way that consumers, industries, or businesses operate. A disruptive technology sweeps away the systems or habits it replaces because it has attributes that are recognizably superior.
History has many examples of industries that have been disrupted by new technologies. Recent disruptive technology examples are e-commerce, and GPS systems.In their own times, the automobile, electricity services were also disruptive technologies.
Clayton Christensen introduced the idea of disruptive technologies in a 1995 Harvard Business Review article. Christensen later expanded on the topic in 'The Innovator's Dilemma' publsihed in 1997 ( 1 )
Both disruptive and incremental innovation play an important roles in driving progress and growth. Disruptive innovation requires risk-taking and investment but brings revolutionary changes that challenge established norms. Incremental innovation focuses on continuous improvement, making gradual advancements that keep the products involved ahead of the curve. ( 2 )

Notable Examples of Disruptove Technologies

The advent of 3D printing technology, also referred to as “additive manufacturing,” has led to seismic shifts in the way that products are made for industries ranging from aerospace to healthcare, and tremendous opportunities lie ahead. A report by management consulting firm A.T. Kearney projects that 3D printing will triple its market value in the coming years, increasing from $8.8 billion in 2018 to more than $26 billion by 2021.The limits of what is possible with 3D printing are still being tested, but the technology is already shaking up the traditional manufacturing sector, and it’s poised to make a lasting impact
Electric cars – a new breed of vehicles that operate entirely on battery power, is the future of personal transportation. With zero emissions, they are environmentally-friendly and promote clean air. Additionally, they are quieter and smoother to drive, with lower maintenance costs than their gas-powered counterparts. The shift towards electric cars is already happening, with major car manufacturers investing billions of dollars in developing electric cars to meet the demand of the market. ( 3 )
Electric cars are gaining in popularity as people become more aware of its benefits.This is a significant benefit as fossil fuels contribute heavily to climate change. ( 4 )

Opportunities and Challenges

Gradually more car manufacturers are now investing in electric car production, offering a wide selection of models to choose from. The electric car trend is not just limited to individuals, as large corporations and government sectors are also taking advantage of this opportunity. As the world transitions towards electric and autonomous vehicles, the automotive industry is being disrupted at an unprecedented pace. The global electric vehicle market size is projected to reach $8081 billion by 2027. By using more renewable energy sources, such as wind and solar power, to charge electric cars, we can further reduce our carbon footprint. In short, the benefits of electric cars go beyond just saving money on gas – they can also help us protect the environment and create a greener, more sustainable future for us all.
Electric cars are undoubtedly a disruptive technology with the potential to revolutionize the automotive industry. However, there are still significant challenges and limitations that must be addressed before these vehicles can become mainstream. One of the biggest challenges is the high cost of electric cars, which can be prohibitive for many consumers. Additionally, the infrastructure needed to support widespread use of electric vehicles, such as charging stations, needs to be improved. Range anxiety is another hurdle, as drivers may be hesitant to adopt electric cars if they worry about how far they can travel before needing to recharge the battery. Despite these challenges, the benefits of electric cars, including their lower emissions and efficiency, make them a promising solution for the future of transportation. As more people switch to electric cars, the demand for gas-powered vehicles is likely to decline, and the infrastructure to support electric cars will continue to expand. While there are still some challenges to overcome, such as range anxiety and the high cost of batteries, the future of electric cars looks bright, and it’s an exciting time to be a part of this emerging industry. ( 4 )
Reflection and Conclusion
In conclusion, Disruptive technologies have a lot of potential to advance sustainability, creativity, and quality of life. Disruptive technologies are remodeling industries and recreating consumer behaviors. Meanwhile these innovations generates massive opportunities like buisness opportunities and also manufacturing new possibilities , Still they face challenges like high costs. As these technologies develop, they guarantee to redefine the future of industries and contribute to a more sustainable world. It is clear that they are not just changing products but entire system. The balance between overcoming challenges and embracing innovation will define how quickly these technologies achieve general accepetence and their  game-changing capability.

References

(1) https://www.investopedia.com/terms/d/disruptive-technology.asp#citation-2

(2)

https://www.uk-cpi.com/blog/the-difference-between-disruptive-and-incremental-innovation#:~:text=Disruptive%20innovation%20requires%20risk%]2Dtaking,involved%20ahead%20of%20the%20curve

(3) https://online.hbs.edu/blog/post/disruptive-technology-examples

(4)

https://electriccarwiki.com/electric-cars-disruptive-technology/

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Plan

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Notes

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Plan

Introduction

·       an innovation that significantly alters the way that consumers, industries, or businesses operate

·       role and importance in innovation and idea generation

·       Comparison between disruptive technology and incremental innovation

Notable Example 1

·       3d printing benefit and history

·       Impact of 3d printing on aerospace and healthcare

·       Future of 3d printing

Notable example 2

·       Electric vehicles history and invention

·       Environmental impact and impact on the automobile industry

·       Electric cars create more business opportunities

Opportunities and Challenges

·       Benefits of electric vehicles for businesses and consumers

·       Challenges that EVs are facing

·       Ethical implications

Reflection and Conclusion

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new plan

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Introduction

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Assignment 1 Draft (Introduction and Examples)

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Assignment 1 Draft(Introduction and Examples)

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Assignment 1 Draft(Introduction and Examples)

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Final notes

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Final plan

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draft

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Final draft

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1. Concise my note

2. Use the proper font

3. Add more citations

4. Add the conclusion in my plan

5. Fix my reference list

6. Include notes and plan in the final assignment