In economics, Pareto optimality is when no individual can be better off without making someone else worse off. Here’s how you can apply it to sustainable product innovation.
Tag Archives: innovation
Taste is Not Tech
Technology tends to have a remarkably short half-life. New innovations are made almost on a daily basis. So how do you protect yourself against the time decay of tech? Well, you focus on something else — taste.
Dow 30,000
Back during the tech boom of the 2000s, there was a saying going around that the market would be carried by internet firms so far that the Dow Jones Industrial Average would go from 10,000 to 30,000 in the span of a few years. Of course, the subsequent bust crushed that dream. But here weContinue reading “Dow 30,000”
The Machine Learning Revolution
When the internet became big, everything changed. Fundamentally everything we did — learning, writing, communicating, finances, business, science — became changed. In many ways, convenience exponentially grew. So, here comes another question: is something similar to this already coming up again on the horizon?
The Most Important Indicator on Why a Company Succeeds
I’ve been spending a lot of time as of late trying to determine patterns within successful products that I’ve seen, and I think I’ve finally found one that summarizes each of them pretty well. It’s quite simple, but I think there’s a lot of nuance to be developed here that would set this up toContinue reading “The Most Important Indicator on Why a Company Succeeds”