From Wikipedia, for that don’t know the term: “a concept in economics that describes a process in which new innovations replace and make obsolete older innovations.”
Ironically, I had to google it, and agree with the comment.
I'm usually pretty verbose with prompts, so I wanted to see what chatgpt would do with just a "Schumpeter's Creative Destruction"
Not bad. I do love the ability to share a chatGPT thread. I haven’t found that yet in Claude and would use it.
You should read The Innovator's Dilemma as well, as it goes into detail on this concept, basically explaining why and how technological disruption occurs from the point of view of the disruptor and disruptee.