Disruptive Technologies in Logistics Industry and their Possible Effects on International Trade

Abstract

The concept of disruptive technology is used to describe the development and evolution of innovative products or services that destroy, destruct and replace existing products and services that already exist. Production methods have changed radically with the rise of digital economy in recent years. Thus, the need for people continues to decrease significantly. Jobs in various sectors have become fragile due to accelerated automation. Advances in artificial intelligence technology, in particular, change processes in many branches. Foreign trade is affected by these developments. Disruptive technologies, especially in international logistics, will accelerate this change. The purpose of this article is to examine the effects of disruptive technologies emerging in the field of logistics on international trade.

Keywords: Disruptive Technologies, International Trade, Logistics, 3D printers, Drones, Warehouse Robots