1. home
  2. Innovation

Discover Latest Innovation News, Articles and Videos with Contenting

The latest innovation news from Contenting is both exciting and informative. Our team of experts have composed articles that explore the newest and most innovative ideas in the world, making sure to keep our readers up-to-date on all the latest happenings. Whether it's a new technology that's just hit the market or an interesting study that's been published in a leading scientific journal, we're sure to have something that will pique your interest. So be sure to check back often for all the latest innovation news!

4 Signs Your Industry Might Be Disrupted | Digital Tonto

In the 1920s the Teapot Dome scandal rocked Washington. The Secretary of the Interior, Albert Bacon Fall, was found to have corruptly leased Navy petroleum reserves to private companies. In response, Congress was given the right to subpoena any US citizen’s tax records as well as increased regulation of campaign finance. In the century since, we have had continuous cycles of largesse and reform. The savings and loan crisis in the 1980s led to the FIRREA Act to increase oversight. Accounting scandals, like those involving Enron and WorldCom, led to Sarbanes Oxley. The Financial Crisis led to Dodd-Frank. More recently, tens of billions of dollars were plowed into WeWork before it was exposed as little more than a Ponzi scheme. The Theranos fraud went on for more than a decade before its board realized that its product was an elaborate ruse. FTX was valued at $32 billion but turned out to be worthless. Yet there has been no reform. As Bain pointed out a decade ago, the extreme measures taken after the Great Recession led to a superabundance of capital, which paved the way for the highest profit margins in half a century. Now it seems that the era of easy money and easy regulation is ending, making it a near certainty that more frauds will be exposed. We need to learn the telltale signs that an industry is being disrupted. Once technology begins to mature, we can expect consolidation, rent-seeking and regulatory capture to follow. After that, it’s just a matter of how much time—and how big the bubble gets—before everything bursts.