I recently read “Digital Transformation,” written by Tom Siebel. The book suggests that we are undergoing a period of mass extinction and mass diversification in our economy and society, brought about by the confluence of four profoundly disruptive technologies: elastic cloud computing, big data, artificial intelligence (AI) and the Internet of Things (IoT).
Digital transformation has its roots in two waves. The first wave was digitalization, with the arrival of the personal computer. The second wave was the internet.