Whoever gets that A.I. guardian angel operating system to work seamlessly with humans will disrupt the disruptors and will take control over the wearable hardware, which ultimately will need to bend to its (proprietary) specifications or be left out of the service proposition.
Jay Samit, author of "Disrupt Yourself," said, "Disruption causes vast sums of money to flow from existing businesses and business models to new entrants."
Let's do some quick and dirty math. In the scenario we have pictured here, considering the smartphone industry represents a conservatively estimated $350 billion per year in revenue, there is potential to disrupt $1.75 trillion over the course of the next 5 years—big-time for venture capitalists.
—By Ed Fernandez, an early stage venture capitalist, start-up investor and a member of the CNBC-YPO Chief Executive Network. Fernandez is a member of the advisory board at Daedalus, a big data, predictive analytics and NLP (natural language processing) company.
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