The technological revolution is dead. Long live the technological evolution. You will be hard-pressed to find a business or person unaffected to some degree by technology – even more so this past decade.
Ten years ago, Instagram, Snapchat, iPads and 4G did not exist and WhatsApp, Uber, the App Store, Kickstarter and the Chrome browser were less than a year old. Now, any five-year-old can tell you about these technologies.
Back in the dark days of 2009, when Twitter was still text only and Facebook had just got its “Like” button, the combined market cap of the top four tech companies – Apple, Amazon, Microsoft and Google – was about $716 billion (R10 trillion). A decade later that market cap sits at $4.1 trillion, excluding Facebook’s measly $575 billion.
These…