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A devastating superstorm, whose phenomena (or events) are the Osborne effect:
. . . . . . delayed demand,
. . . . . . technology (cost) curve of battery prices, and other technology, and
. . . . . . the S-curve that describes market acceptance of new technologies.

Each of these 3, can cause disruption of an industry,
. . . like the S-curve that hit the mobile phone industry,
. . . when Apple launched its smartphone.
All 3 working together, amplifying each other,
. . . is what is going to happen in a couple of years to the auto industry,
. . . with the advance of electric cars.
Because it is the biggest production industry in the world,
. . . it will also disrupt the world economy.

“The Osborne effect,
. . . is a social phenomenon, of customers canceling, or deferring orders,
. . . for the current soon-to-be-obsolete product,
. . . as an unexpected drawback of a company’s announcing a future product prematurely.”

2-26-2019 Source:  What is the Auto #Osborne effect?