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5 Industries Radically Transformed by the Internet

Innovation does come at a cost. Uber is negatively impacting the taxi industry. Internet radio is impacting broadcast radio and music on traditional media. On-demand video is impacting traditional movies. But what we’re seeing isn’t a transfer of demand, it’s new demand.

I always tell people that what’s happening isn’t one industry murdering another, it’s just that traditional industries were safe in their profit margins and slowly committing suicide. It’s a call to any traditional company that they must invest in new technology if they hope not to be run over eventually.

In the last two decades, the Internet revolution has destroyed traditional ways of working but has also created entire industries with countless opportunities for innovation.

CompanyDebt has created this infographic, Evolve or Die: 5 Industries Radically Changed By The Internet, which provides an overview the music industry, the retail industry, the publishing industry, the travel industry and the transport industry.

Industries Changed by the Internet

Douglas Karr

Douglas Karr is CMO of OpenINSIGHTS and the founder of the Martech Zone. Douglas has helped dozens of successful MarTech startups, has assisted in the due diligence of over $5 bil in Martech acquisitions and investments, and continues to assist companies in implementing and automating their sales and marketing strategies. Douglas is an internationally recognized digital transformation and MarTech expert and speaker. Douglas is also a published author of a Dummie's guide and a business leadership book.

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