Dealing with disruptive ideas and technologies Let me now turn to another theme of discussion in this summit. This relates to the threats posed by disruptive ideas and technologies and the risks in not being able to swiftly appreciate the emerging challenges posed by the digital world.
There is a perceptible discomfort amongst a section of the business community with the rapidity with which the world is changing as a result of disruptive ideas and technologies. As per a PwC survey, 5 60 per cent of the firms surveyed indicated “the speed of technological change” as a threat to their growth prospects.