Sep 292016
 

The Robots Are Coming for Investment Bankers, Not Just Truck Drivers https://hunterwalk.com/2016/09/07/the-robots-are-coming-for-investment-bankers-not-just-truck-drivers/

 “Maybe in ten years investment bankers will stand alongside truck drivers in discussions about safety nets, universal basic income and skills retraining.”

“The vulnerability of these jobs is due, in large part, to the easy availability and rapidly declining price of computing power, as well as the rise of ‘‘machine learning’’ software, like Kensho, that gathers and assimilates new information on its own.”

*Machine learning, automation and innovation will led to human disruption at a rapid pace, perhaps outpacing precious technological transformations. 

Mar 122015
 

What is lock-out?:

There’s a reason big companies don’t create new stuff, they are subject to rules that individual creators aren’t. They aren’t free to try new ideas out.

*Innovation is on the side of startups. 1,000 startups can try multiple ideas and iterations to find product market fit. The incumbent firms have no idea on how to effectively find what is next.

Feb 112014
 

Bijan Sabet — The “blah blah blah on steroids”:

“Redefining an experience in a unique way is how you beat the market leader. “

(Via.) Marco.org

*Indeed.

Jan 212014
 

A new technology enables new opportunities.

A few lines from the book The New New Thing.

At some point in the early 1990s the engineers had figured out that they didn’t need to build new computers to get rich. They just had to cook up new things for computers to do.

p. 39

Dec 222013
 

“As knowledge becomes the resource of post-capitalist society, the social position of school as “producer” and “distributive channel” of knowledge, and its monopoly, are both bound to be challenged. And some of the competitors are bound to succeed.”

Peter Drucker

Post-Capitalist Society

*Business model innovation.

Jul 142013
 

“Successful innovations exploit changes that have already happened. They exploit the time lag-in science, often twenty-five or thirty years between the change itself and its perception and acceptance.”

Peter Ferdinand Drucker. Managing in a Time of Great Change (Drucker Library) (p. 20). Kindle Edition.

 

A few minutes ago I was in the Kindle for Mac app and was reviewing text others and myself have highlighted in this book. The quote above jumped out at me.

What changes have recently occurred?

What are the opportunities that the future will present?

Something to think about.