of the day
100 words of wisdom. Daily Insights posted by Yegii's top thinkers. Only the knowledge that matters.
Recent releases about Google’s virtual test-driving matrix raises the question, where do self-driving cars stand? The impact of self-driving vehicles will be drastic across all industries and these additional tests allow the possibility of faster adoption.
Biological limits to immortality serve as inspiration for medical disruption with 3D Printing.
Slacktivism is the idea that people only support a cause to improve their public perception. Social media parlayed slacktivism often helps goodness gain traction quickly and spread to a large audience. The overall percentage of people that make an actual difference is low.
Blogs became indispensable part of the media landscape at least a decade ago. It is now an established, but simultaneously an ever changing format of public expression. Most companies rely on bloggers as part of their media strategy. Some bloggers become public figures.
To fully understand trends and all the sub-topics that may come with it requires powerful web tools with categorization and semi-automated analysis. These web applications will allow you to thoroughly monitor changes around the globe:
Social media outlets have accelerated online communication like never before. However, this advantage creates a new issue— too much information. Today, we face an immediate need for data consolidation, emphasizing quality rather than quantity.
Each news age has its star. The New York Times, AOL, Yahoo, Google, Facebook and as of this week, Buzzfeed. It is easy to think one player always, briefly, dominates a market. But this is akin to only focusing on the Great Men who changed history, a discredited approach.
Expert networks address a market failure. On the supply side, the world is full of dispersed, skilled individuals who previously did not have a market or who were underutilized. On the demand side, companies face a challenging business reality of constant industry disruption that cannot be resolved by a company’s own employees.
“Innovate or die” is a phrase used to describe the incessant need for businesses to change in order to stop becoming irrelevant in the marketplace. Businesses must keep the following four things in mind to adapt to rapidly changing markets and survive in the long term.
6. Start from scratch: Put “tech trends” into your favorite search engine. Exhausting!
5. Chase the news: Subscribe to 10 different newsletters on technology, business, consulting. Which ones?
4. Ask around in your network. But are your friends up to date?