digital disruption

Digital disruption refers to the transformation of business models and industries through new digital technologies, fundamentally altering how companies operate and compete. This phenomenon has reshaped the American economy since the 1990s, causing the decline of once-dominant retailers, entertainment companies, and technology firms that failed to adapt to changing consumer behaviors and technological advances. Understanding digital disruption is crucial for comprehending modern American business history and the rapid pace of economic change in the internet age.