Right now, it looks like the tech industry is the most important and is gradually becoming the most lucrative industry in the world. The fear of displacement is lingering across businesses outside the tech industry and people are doing all they can to associate themselves with the innovative bunch.
The truth of the matter is that the tech industry is not an island. It needs other industries to stay relevant. The ‘smart’ products and services that exist today were created based on insights from consumers who interact with other industries.
This indicates that CEOs and thought leaders of all markets should pay attention to issues which exist in their environment, use technology to solve these issues and consequently add value while gaining profit at the same time.