Leonard Kish's thoughts on things 2.0 and a rapidly changing world.
They confuse pattern matching with knowledge As a VC, I have come to understand the value of “VC pattern matching.” Experienced VCs have been on dozens of boards and seen thousands of deals. As a result, they recognize patterns of strategy and behavior that generally work, and patterns that generally fail. This is very valuable information for an entrepreneur who, if lucky, only sees one deal in his career. Unfortunately, many VCs overreach with their pattern matching. Rather than saying, “Most companies who sell...
As a former neuroscience researcher turned software guy and semi-consistent user of a brain now for several decades, I believe the ultimate user experience with technology happens when there's a type of transparency between the user and the technology. It almost feels like the technology is just an extension of everyday thinking. You don't have to be trained, you just know how to use it. From this perspective, Microsoft Labs' Pivot looks like it has the potential to be disruptive to search, operating systems and...
There's no way I can see a global central clinical database working. Likewise the current models of distributed databases are chaotic and prohibitively expensive (monetarily and politically). Instead my best guess is that we'll evolve into a social media integrative model.For example, Twitter, Facebook, this blog along with other blogs can be configured to share information seamlessly. It shouldn't be too long before an EMR installation would include the same type of processes where a list of other systems would...
The themes of the collection are a good way to characterize Gladwell himself: a minor genius who unwittingly demonstrates the hazards of statistical reasoning and who occasionally blunders into spectacular failures. via nytimes.com Best quote I've ever seen on Gladwell. I'm glad he is who he is and that he brings attention to such important topics of our time. But he is frustrating to those who know better. I love the topics, love the style, but I'm way to often frustrated by the reasoning. He'll often confuse...
Here’s where things get interesting. From a learning standpoint, there is proof emerging that using Twitter builds intelligence. A study revealed these benefits: All of the study participants were new to Twitter and had not previously used it or any similar microblogging service…..In a relatively short period of time, the participants formed quite sophisticated peer networks…..Peer support became a key feature of this student network, with activity rising just prior to assessment deadlines or during revision for...
via sivers.org In general, I'll buy this, but take the analogy a slightly different direction. Ideas are just a map that you've concocted based on how you see the lay of the land. Your map may be 0%, 0.1%, 1%, 10% or 100% accurate. It may help you get to the ultimate destination. It may lead you to the buried treasure, or find some multiple of places to dig, but, at the end of the day, the map is irrelevant if you find some other way to get there or some other method to find and extract the gold.
As personal experiment, I'm trying to do more organizing and writing on paper, then digitizing. Digital formats seem to reduce the dimensions of our thinking as we are forced to work in 2ish dimensions, while our brains are still wired for working in 3-4 dimensions. Twitter, which I love, seems to nearly reduce our interactions to one linear dimension. What we gain in volume I fear we lose in depth. I've seen a few items on childhood development where kids shouldn't spend a few hours a day in front of the TV because...
via scientificamerican.com Game theory is the reason that economic theories cannot work under the assumption of a rational investor. Too much of our lives is spent thinking about what other people might be thinking, then making decisions based on what we think they might do. In these situations, there's no way to make predictions based on some sort of algorithm. The outcomes are stochastic over multiple trials. Due the the complexity, being able to predict what other people will do in a given situation might...
Six out of ten marketers we surveyed agreed with the statement "we will increase budget for interactive by shifting money away from traditional marketing. via blogs.forrester.com Health care and pharma, are you listening? Digital marketing budgets will double or triple in the next 5 years and not for banner ads. Traditional advertising is much less effective than money spent on interactive marketing and customer experience. By one study, your $1 spent on advertising will generate $5 in incremental value...