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Definition: digital disruption

The dramatic changes that occur in business and society when new technologies take effect. As technology eliminates jobs, many believe this digital disruption will have the most profound effects since the beginning of recorded history. Governments will eventually have to come to grips with this phenomenon by re-architecting the global economic system. If high tech keeps up its relentless pace, half the adult population on earth might be unemployed in the future. See creative destruction and computer ethics.