<ul data-eligibleForWebStory="true"><li>Digital technologies such as e-commerce, mobile applications, and platform-based businesses are enabling the formation of new industries by creating direct connections and disintermediating traditional sectors.</li><li>Innovations that start by solving specific efficiency problems evolve into General Purpose Technologies (GPTs) that transform entire economies through a seven-stage process.</li><li>Industries like aerospace, healthcare, real estate, manufacturing, agriculture, and energy are systematically applying e-commerce principles to disintermediate traditional intermediaries and create direct connections, leading to the formation of new markets.</li><li>The framework of identifying intermediary inefficiencies, applying digital platform principles, creating direct connections, and enabling other sectors serves as a guide for future industry formation opportunities in the digital age.</li></ul>

The Mechanics of Industry Genesis

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