Professional Documents
Culture Documents
Reaction Activity Creative Destruction
Reaction Activity Creative Destruction
When I finished watching the video about creative destruction I realized that even
there were innovation there are sacrifices that we need to accept like the example in the
video, the ice industry, before they were harvest and very hard to make so they hire many
workers because it is in demand to have ice therefore ice back then cost a lot. And then
innovation happened, they find a way to make tons of tons of ice and some of labor work
were automated therefore they needed to decrease their workers because they were
replaced by machines that can handle a work of estimated 10 workers at the same time
but without the monthly salary and the fatigue of the said workers. Since then, the ice
cost less and it is accessible by everyone. That is the creative destruction that the video
stated.