How Many Trillion-Dollar Companies Should There Be?
despite the inherent unpredictability of consumer tastes and the complex way they interact, Venture Capitalists (VC) still put a heavy bet on pattern recognition. These patterns – be it a proprietary product, low-cost customer acquisition tactics, or the ability to reach scale fast – are hardly reliable predictors of success.
Ana Andjelic • The Business of Aspiration: How Social, Cultural, and Environmental Capital Changes Brands
In sum, returns on intelligence will compound exponentially. A select few artificial intelligences that we used to call organizations will massively benefit from a new concentration of ability—probably the greatest such concentration yet seen. Re-creating the essence of what’s made our species so successful into tools that can be reused and reappli
... See moreMustafa Suleyman • The Coming Wave: Technology, Power, and the Twenty-first Century's Greatest Dilemma
It might seem like the complexity of predicting geopolitical and economic events would necessitate a group of narrow specialists, each bringing to the team extreme depth in one area. But it was actually the opposite. As with comic book creators and inventors patenting new technologies, in the face of uncertainty, individual breadth was critical. Th
... See moreDavid Epstein • Range: Why Generalists Triumph in a Specialized World
The bottom line is that small changes in the communication structure can affect decisions.
W. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
“The scarcest resources in any organization are performing people. Since World War II, the U.S. military—and so far no one else—has learned to test its placement decisions. It now thinks through what it expects of senior officers before it puts them into key commands. It then appraises their performance against those expectations. And it constantly
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