The Capitalist’s Dilemma
During The Critical Path #112, Horace Dediu suggested some upcoming materials to prepare for his discussion of Clayton Christensen’s Capitalist’s Dilemma. Christensen argues that future economic growth is complicated by a new context which features abundant financial capital relative to human capital and educational skills which he considers scare.
A smattering of source materials
A Capitalist’s Dilemma, Whoever Wins the Election (NYT, 2012-11-03)
We Are Living the Capitalist’s Dilemma (CNN, 2013-01-21)
I’m very much looking forward to Horace’s discussion. The past several months he’s been wading through a sort of political economy of the tech industry and this new dilemma will likely encourage more of the same.
As a side note, if you’re not listening to The Critical Path, shame on you.
Design works, however evil it may be.
Markets are effective in anticipating the path of a technology as it ascends into the hands of users, especially if it is destined for ubiquity. But markets are completely incapable of anticipating the emergence of new technologies. In this regard markets are a reflection of common sense rather than uncommon wisdom.
We have a lot of great bars… and because the city is cheap and easy to navigate, people go out a lot even in the dead of winter.
Jenna Kashou of Milwaukee Magazine on Milwaukee being ranked tenth in Kiplinger’s Best Cities for Singles list
Flappy Bird was a cultural tragedy, and the tragedy has nothing to do with the game.
Politicians use statistics in the same way that a drunk uses lamp-posts — for support rather than illumination.
Andrew Lang, Scottish poet. Via Bill Moyers (via politicalprof)
[O]ne possibility is that popular people do not want to endanger their popularity with controversial discussions. Another is that non-controversial people are simply more popular to begin with.
Tyler Cowen, discussing new research into social media
Customers don’t want design. People need to be careful when they’re too obsessed with the design of something. You see this a lot — products with really beautiful, fluid, smooth demos. People don’t have a void due to a lack of beautiful, fluid, smooth things. They have a void because they have a problem. Good design can help them get there, but design is not what they want.