In this episode of the Motley Fool podcast, Sanmeet Deo interviews Scott D. Anthony, a business professor and author, about his book "Epic Disruptions" and the concept of disruptive innovation. Anthony defines disruptive innovation as taking complex and expensive things and making them simple and affordable, leading to explosive growth. They discuss why great companies fail despite doing everything right, using Kodak as an example, and how listening too closely to existing customers can be misleading. Anthony emphasizes the importance of business models over technology and the need for companies to create, deliver, and capture value in unique ways. The conversation also touches on the current state of AI, the societal impact of disruptive technologies, and how investors can identify management teams capable of turning small ideas into massive disruptors.
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