The document discusses various ways in which digital technologies are disrupting businesses and society. It describes how the internet and computer revolutions have led to a networked information economy. Key aspects of digital disruption include information and goods becoming digitized and manipulatable, the rise of non-proprietary and participatory production/sharing, and an increasing role for experiences over tangible products. The document also examines new realities blending physical and virtual worlds, the growing power of social media, and different industries being transformed through new digital platforms.