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He compared their likely effect to that of Spotify on the music industry, predicting they would cause some traditional institutions to fail while opportunities would emerge for people ill-served or shut out of the current system.
Analysts said they were uncertain that there would be bidders within the paper industry, predicting that few such companies would take on huge debt at a time that the market appeared to be weakening.
Deloitte released a 2016 report on the legal industry predicting "profound reforms" over the next decade.
For the pharmaceutical industry, predicting and minimizing off-target effects is important because they are the source of low efficacy and high toxicity that result in a high failure rate of new drugs in clinical trials (Arrowsmith, 2011a, b; Liebler and Guengerich, 2005).
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The industry predicted that the system would fail.
Some in the industry predict an uphill climb.
The telecommunications industry predicts that four-digit area codes could be necessary in the next decade.
By contrast, from 1990 to 2009 industry predicted only 3.7% of the difference.
The announcement is a setback for the "nuclear renaissance" that the industry predicted a decade ago.
Analysts who study the home improvement industry predict a slow recovery.
Some in the real estate industry predict a new appeal for midrise buildings.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com