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Demonetization: Where a product or service once had a cost, now money vanishes from the equation. Photographs were once expensive. You took limited numbers of pictures because film and developing that film cost a lot of money. But once photos became digital, those costs vanished. Now you take photos without thinking of them, and the difficulty comes in sorting through too many options. Dematerialization: Now you see it, now you don’t. This is when the products themselves disappear. Cameras, stereos, video game consoles, TVs, GPS
The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives (Exponential Technology Series)
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