Creative Destruction and What to Do with What’s Left Behind…

Creative destruction often describes innovation and business cycles. How we buy and listen to music has undergone massive creative destruction over the last several decades: vinyl records lost to cassette players which lost to CDs which lost to digital files.

As a result, record players are considered obsolete technology; however, what about this real wooden furniture? Is that obsolete? Should it be, just because it’s attached to a record player?

What would a system look like that supported creating value out of what’s left behind? We need to focus on value creation, which leads to growing markets, jobs, reducing pressure on natural resources and more prosperity than burying things for eternity in a big hole in the ground.