Creative disruption is constantly dismantling the establishment. Innovation has improved the quality of life for humans since the begging of civilization and will continue to do so.
We’ve seen audiotapes replaced by CDs, which were replaced by mp3s. We’ve watched the internet boom and bust and boom again, making a billionaire out of a 23-year-old college dropout. We can connect with each other today in ways that were unfathomable ten years ago. Smartphones and their applications have made life infinitely more convenient.
Businesses live and die by their ability to adapt to a dynamic marketplace. The only real impediment to the progress of business has been government.