Jan 23, 2024 /
Megan Filak
The following is part of our blog series "The 12 Laws of AI." The series is a set of practical and philosophical guidelines for DMOs to work from as they explore the opportunities and challenges of artificial intelligence (AI). Check out the previous blog in this series, "The 12 Laws of AI – Law 11: The Law of Creative Exploration"
Law 12: The Law of Ascendency
In 1942, an Austrian-American economist, Joseph Schumpeter, coined the paradoxical term 'creative destruction' to explain how economies and businesses develop under long waves of innovation. More