Past Midway Ramblings on Business & Life

TagInnovation

The Imminent Transformation: How AI Will Revolutionize Industries and Reshape the Workforce

Artificial Intelligence (AI) is all the buzz lately, and rightly so. I suspect it’s a bigger deal than you think. AI isn’t just some fringe, hypothetical Star Trek tech for geeks and nerds to drool over. Not any longer. Prediction – AI technology will creep into every facet of modern culture and will completely transform vast industries such that we will not recognize them in 10 years, perhaps 5...

No One Else Is Doing It

If the market you want to enter is wide open, without competition, you might pause to ask yourself why. There may be a legitimate reason. It is possible to be too avant-garde. Completely original ideas without pre-existing competitors are difficult businesses to start. On top of everything a new business must do right to succeed, you really don’t want to add “educate the customer” to your TO DO...

Adjacent Possible

In his book, Where Good Ideas Come From: The Natural History of Innovation, Steven Johnson talks about the “adjacent possible”. The adjacent possible, as the name suggest, entails all the near-collision ideas that might form with a simple, first-order combinations of previously existing concepts, ideas, products or services. Although important, the adjacent possible requires no monumental leaps...

Past Midway Ramblings on Business & Life

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