Disruptive Innovations

Disruptive innovation is a process where a new product, service, or technology can disrupt an existing market by creating a new market or significantly altering an existing one.?It can also refer to technology that causes a relevant change and abruptly interrupts the way in which industries, companies, and consumers operate.

The advent of Generative AI is poised to trigger a significant wave of innovation, investment, and productivity. The increasing capabilities of more powerful computers are becoming crucial, leading to transformative changes across various sectors. While Technology and Healthcare are at the forefront, several other significant shifts are occurring, such as the overhaul of the world's energy and power sectors, the reimagining of transportation (from autonomous vehicles to air taxis), and the growth of Blockchain and Web 3.0 in Finance. The landscape of innovation is indeed abundant.

Key Areas of Disruptive Innovations

1.?????? Antibody Drug Conjugates (ADCs): ?ADCs, which merge the potency of chemotherapy with the precise targeting of monoclonal antibodies, have become a critical weapon in the fight against cancer. They have already disrupted the treatment of many cancer types, with approvals granted and revenues set to rise.

2.?????? Autonomous Agents Digital assistants powered by Artificial Intelligence are increasingly performing useful tasks. The adoption of AI agents is already underway, offering benefits in engagement, commerce, and customer service. Following the fascination with large language models over the past 18 months, large action models could be the next breakthrough.

3.?????? FemTech Coined in 2016 by Ida Tin, "FemTech" legitimizes the female health tech market, driving innovation, attracting investment, and normalizing conversations about female health. Women are less well served than men in many health areas, including diagnosis, therapeutics, and pain management. FemTech aims to close this gender health gap.

4.?????? Joint All-Domain Command and Control (JADC2) Created by the Department of Defense (DoD), JADC2 aims to improve decision-making timelines using enhanced communications, cloud-based interactions, and AI. It leverages military assets across all domains – space, air, land, sea, and cyber – to reduce critical decision-making timelines and address military threats.

5.?????? Neuromorphic Computing Architecture: Neuromorphic computing mimics the human brain's structure, following a different paradigm from traditional von Neumann architecture. Unlike current systems that process precise numerical data, neuromorphic computing uses spikes to transmit and process data, integrating potential changes over time. This approach could reduce bottlenecks between logic and memory as AI-related computing demand rises.

6.?????? Piezoelectric Roads: Piezoelectricity, the generation of electricity through mechanical stress, is akin to wind energy. The concept of piezoelectric roads involves harnessing electricity generated by vehicular movements. These smart roads could generate electricity from vehicles traveling on them.

7.?????? Quantum Sensing: Quantum sensors, using quantum physics principles, can detect minuscule changes in physical quantities imperceptible to conventional sensors. These sensors can provide unprecedented detail, generating new insights and aiding decision-making across multiple industries.

8.?????? Retail Media: Retail media, a digital advertising format linked to a retailer's website or products on third-party sites, uses first-party data to target consumers and measure sales attribution. This model is driving revenue and profitability growth across multiple sectors, especially with stricter data privacy standards.

9.?????? Smart Money: Generative AI holds revolutionary potential in financial services, expanding the use cases of ML and AI into unstructured data. It can transform customer service, sales, marketing, content generation, and coding. The finance sector, rich in data, is more susceptible to AI-driven change than other sectors.

10.?? White & Gold Hydrogen: The hydrogen "rainbow" refers to different types of hydrogen fuel based on production technology. "Gray" hydrogen, derived from natural gas via steam methane reforming (SMR), emits CO2. "Blue" hydrogen is similar but captures the CO2 via carbon capture, utilization, and storage (CCUS). "Green" hydrogen is carbon-neutral, produced via water electrolysis powered by renewable energy. Naturally occurring hydrogen sources trapped underground are being explored by governments and private companies alike.

These innovations, sourced from CitiGPS, highlight the potential for transformative advancements across diverse industries, promising significant societal and economic benefits.