The Second Phase of Technological Disruption
I’ve been thinking about a book called Why Nations Fail, by Daron Acemo?lu and James Robinson. To (over)summarize, the coauthors say that nations fail because they resist, and try to stifle, the disruption that follows technological breakthroughs.
Technological disruption challenges prevailing power. Naturally, those established institutions try to fight back. But they rarely win. Disruption tends to release a dam of pent-up and democratic energy. Eventually, it overwhelms or transforms the established order.
Digital publishing is a case of technological disruption. Its challenge to the gatekeeper of a traditional publisher is now clear. Can’t get your book published? Do it yourself, and do it a whale of a lot faster—meaning you can capitalize quickly on issues of the day.
But I’ll propose that disruption has three predictable phases.
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