Technology transforms business in the Noughties

A terrific short video from Rory Cellan-Jones here which highlights some of the fundamental changes in business brought about through technological change and innovation during the Noughties. There is so much to discuss by using this video as a stimulus or starter piece: for example

• The effect on product life cycles of traditional products such as cameras, music systems
• How technological change has broken down barriers to entry to many markets (but raised them in others)
• The speed with which consumers are increasingly taking up new technology (the early adopters seem to have less time to themselves these days)