Tech Giants and Creative Destruction

This chapter examines the evolution of global business coverage, highlighting the shift from niche storytelling to major technology corporations dominating the market. It explores the concept of 'creative destruction' as articulated by economist Joseph Schumpeter, focusing on how modern tech companies have grown significantly and reshaped the landscape of innovation and competition. By contrasting historical tech leaders with today's giants, the chapter reflects on the changing dynamics of market power and the inevitable disruption within industries.