Seth Godin:

Industrialists are not capitalists.

Capitalists take risks. They see an opportunity, an unmet need, and then they bring resources to bear to solve the problem and make a profit.

Industrialists seek stability instead.

What we see today in “established industries” like old media and banking aren’t the disruptors of a century ago, they are leaders who seek stability and will do what they can to maintain the status quo.

Those who are going to change the world aren’t going to change established industries, they’re going to invent new ones.