obsolescence

American  

[ob-suh-les-uhns] / ˌɒb səˈlɛs əns /

noun

1. the state, process, or condition of being or becoming obsolete.

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obsolescence Cultural  

1. A decline in the value of equipment or of a product brought about by an introduction of new technology or by changes in demand. (See planned obsolescence.)

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Etymology

Origin of obsolescence

First recorded in 1820–30; obsolesc(ent) + -ence

Example Sentences

Companies that benefited from what some described as the “HALO” effect — an acronym for “heavy assets, low obsolescence” risk — enjoyed higher stock prices.

From MarketWatch

“My own view is that AI will indeed be revolutionary, but many of the claims around imminent mass job losses and widespread software obsolescence were overstated,” Reid wrote.

From MarketWatch

Regardless of whether you grew up with the show, many episodes of “7th Heaven” have plotlines worth revisiting, if only for their insanity and cultural obsolescence.

From Los Angeles Times

But a funny thing—socioculturally—happened on Mazda’s way to obsolescence.

From The Wall Street Journal

Investors are shifting to “HALO” firms, valuing heavy assets and low obsolescence over software due to AI threats like ChatGPT.

From Barron's

Related Words

• annihilation
• destruction
• elimination