Chaos – In this domain, there is no relationship between cause and effect at systems level. The approach is to Act – Sense – Respond and we can discover novel practice. In case of chaotic solution, there is no relationship between cause and effect, so first step is to establish order. Crisis & emergency situations fall in this domain. Hence,... See more
None of this bodes well for many of the new VC entrants who have suddenly become enamored by the capital return potential of science. We have a view that real advances in science are relatively rare, that they are hard to produce, and they tend to be signaled by clear research evidence years if not decades in advance. Venture capital is not a fit... See more
Andy Kessler on the other hand, states that innovation on the computers' and digital fronts (citing Moore's Law amongst other things) is not something you should easily discard as non-innovative. He goes back to the discovery of oil in Philadelphia during the 19th century and the creation of a massive industry in the following decades.
The New Polymath is an enterprise which has learned to amalgamate 3, 5, 10 strands of technology-infotech, cleantech, healthtech, nanotech, biotech-to create compound new products and to innovate internal processes.