Quizzed article | REF: G7032 V1

Societal, economical, and political consequences of obsolescence

Authors: Valentin DELORT, Arthur DEVAIVRE, Clément ESSNER, Thibault POUYANNE

Publication date: March 10, 2025

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ABSTRACT

This article presents the different types of obsolescence and how they influence the decisions of companies in an economical way. It will be explained that obsolescence can be an innovation boost; however, only massive companies will benefit from it. Also, the article will explain the social consequences of obsolescence, showing that the impacts are different depending on the person. Finally, in this article, we will see the influence of obsolescence on the decisions of different countries, which are voting laws to reduce their consequences.

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AUTHORS

  • Valentin DELORT: Student engineer - Institut national des sciences appliquées de Toulouse, France

  • Arthur DEVAIVRE: Student engineer - Institut national des sciences appliquées de Toulouse, France

  • Clément ESSNER: Student engineer - Institut national des sciences appliquées de Toulouse, France

  • Thibault POUYANNE: Student engineer - Institut national des sciences appliquées de Toulouse, France

 INTRODUCTION

Obsolescence is a phenomenon that occurs when an object, idea or knowledge - let's say an entity - becomes obsolete, loses its use value or interest. This entity is then replaced by a new one [H 7 000] . The entities affected are, for example, everyday consumer goods – such as telephones or televisions –, but also laws and even languages.

Obsolescence affects many fields, from science to economics. It pervades our daily lives without us even being aware of it. In this article, we're going to focus on a few points relating to obsolescence, and in particular its impact on organizations, states and companies. We'll also look at its various effects on consumers and on political and economic decisions around the world.

Section 1 describes the different types of obsolescence that can be distinguished. Section 2 examines the effects of obsolescence on companies' economic decisions. Section 3 ...

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KEYWORDS

compagnies   |   obsolescence   |   countries


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Societal, economic and political consequences of obsolescence