Significantly Correlated's Profile
Thanks for the thought-provoking article! Facebook has access to a lot of information which allows it to utilize machine learning to draw insights on its users. I’d always thought that this was a dangerous imbalance of power, but I liked how you brought out the potential benefits. I think that Facebook has the potential to do a lot of really good things with their data (as you laid out) and I think that if they explained how they could use the data, people would be more comfortable sharing. In my mind, it may not be ethical for people to withhold information, if that causes many others in the world to die. Thanks for the great food for thought!
Thanks for the thought-provoking article! I think that you bring out a really good point in that innovation is really difficult, especially in some stalled industries. What the Gates Foundation and X-Price foundation did really well was to bring out entrepreneurs and incentivize them to think completely outside the box. Crowd-sourcing I think definitely helps bring attention to a cause – and potentially we wouldn’t have as much progress had Gates and X-Price not made the first move. Thereby, I think that had Gates and X-Price found a solution they would have done best but raising awareness they have done well and a lot of good.
Thanks for writing such a though-provoking article! I’ve always enjoyed Lego and it makes sense that they used open innovation to create their new concepts. In that vein, I actually think that Lego should contniue to utilize it’s users to build it’s concepts. This strategy almost guarantees that its new concepts will be great hits and customers who have previously liked or generated the products become agents who will also help market their designs.
On your point about geographic expansion, I believe that expansion into those areas requires even more open innovation as many concepts might not transfer over to other countries. Lego needs to be extremely thoughtful in its approach to entering these new markets.
Fascinating article! I would never have thought of additive manufacturing in chocolate so thank you for helping me think outside of the box. I think you raise a really interesting question on how this technology could be integrated, especially since pastry chefs spend years fine-tuning their art only to have a machine replace some of their craft. Chefs do currently outsource some of their production, I would question how big the market for this technology would be as I expect only high-level pastry chefs would be utilizing this technology. Furthermore, once customers know that their chocolate is printed rather than carefully crafted, would customers still want to pay a premium for these services?
Thanks for such a thought-provoking article! I definitely agree that bringing expertise in-house is a great idea, especially as additive manufacturing is a great ‘fit’ for this industry. I believe that by doing so, Adidas will continue to press its first mover advantage and be able to capture the market who are willing to pay at that price point for a shoe. To continue this trend, I believe Adidas should develop enhance the customers’ experience with this technology by introducing in-store custom fitting. This would allow customers to really fit their feet to the shoe!
On cost savings, I believe automating as much of the process will drive costs down. Designing systems to reduce post-processing steps should be first priority. I would not focus on reducing lead times as I’m not convinced that lead times would be a differentiator to a customers purchase decision given how customized this product is.