A paradigm shift, identified and coined by American physicist and philosopher Thomas Kuhn, is a fundamental change in the approach, concepts, and assumptions of a practice. While Kuhn’s observations and work were focused on the experimental practices of science, these shifts have influenced a number of industries, including business, education, psychology, technology, and life itself. In fact, because these shifts happen at such a fundamental level, they do more than merely influence these industries, but change and evolve them at their core.
For instance, technology has had, and continues to have, a tremendous effect on the way we live or lives, particularly in the way we do our jobs. With its progress into the digital age, snail mail and fax machines have been replaced by email and pdfs, most notably executed from a smart phone from anywhere, as opposed to the confines of an office. For example, the stock market. Trades can now be made directly from the investor online, from anywhere, in a matter of seconds.