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Why Apple, Academia, Tesla & VCs May Die, Disruption Guru Christensen Talks

Why Apple, Academia, Tesla & VCs May Die, Disruption Guru Christensen Talks | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it

"Harvard business professor Clayton Christensen literally wrote the book on technology disruption...and he thinks Apple, Tesla Motors, venture capitalists and most of the nation’s colleges and universities should be afraid."

  

The author of The Innovator’s Dilemma said Wednesday that all of them could be killed by less advanced competitors in the same way that many once dominant technology companies have been in the past.

  

...He believes that and the commoditization of smartphones threaten Apple in the long run.

  

...“For 300 years, higher education was not disruptable because there was no technological core."

  

“But now online learning brings to higher education this technological core, and people who are very complacent are in deep trouble.'

__________________

    

...people who are very complacent are in deep trouble.

__________________

 

 

...“there is a different business model that is disrupting this in addition to online learning. It’s on-the-job education. ...you come in for a week and we’ll teach you about strategy and you go off and develop a strategy.  

 

...You learn it and you use it. These are very different business models and that’s what’s killing us.”


Via Deb Nystrom, REVELN
Patrick J Scanlon's insight:

If you don't like change.  You will like irrelevance even less #media #higherEd #VC

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Marie Jeffery's comment, February 11, 2013 11:13 AM
KMInstitute.org
Deb Nystrom, REVELN's curator insight, February 11, 2013 11:50 AM

I've posted this to BOTH Change Leader Watch & here.  On the Innovations & Institutions stream, I'll be adding examples of organizations that are adapting to this disruption in academe and the other industries mentioned.  ~  Deb

Deb Nystrom, REVELN's comment, February 17, 2013 4:30 PM
Thanks for your comments Marie. Knowledge Management is quite an industry, with various opinions of the traction it holds in business. I am most curious as to where it is headed.
Nautilus - A Deep Dive On Some Narrow Topics
Leadership, Media, Big Data, VC, Entrepreneurism
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5 most common #bigdata myths | ITProPortal.com

5 most common #bigdata myths | ITProPortal.com | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
Darin Bartik of Dell talks us through the most common misconceptions around big data, from volume to business intelligence to information analysis. (RT @DataHaters: The 5 most common #BigData myths.. Very interesting read!
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#BigData: Corps who use it - outperform (Infographic)

#BigData: Corps who use it - outperform (Infographic) | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
"Early adopters of Big Data analytics have gained a significant lead over the rest of the corporate world. Examining more than 400 large companies, we found that those with the most advanced analyt...
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Revealed – the 147 Companies That Run the World | Forbes & New Scientist

Revealed – the 147 Companies That Run the World  |  Forbes & New Scientist | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it

An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.


The study's assumptions have attracted some criticism, but complex systems analysts contacted by New Scientist say it is a unique effort to untangle control in the global economy. Pushing the analysis further, they say, could help to identify ways of making global capitalism more stable.
 

The idea that a few bankers control a large chunk of the global economy might not seem like news to New York's Occupy Wall Street movement, ...but the study, by a trio of complex systems theorists at the Swiss Federal Institute of Technology in Zurich, is the first to go beyond ideology to empirically identify such a network of power. It combines the mathematics long used to model natural systems with comprehensive corporate data to map ownership among the world's transnational corporations (TNCs).

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"If connectedness clusters, so does wealth, ...money flows towards the most highly connected members." ~ Dan Braha of NECSI

_________________________

 

"Reality is so complex, we must move away from dogma, whether it's conspiracy theories or free-market," says James Glattfelder. "Our analysis is reality-based."

 

From the Forbes summary version of this post:

 

... the data set...excludes GSEs and privately-held companies and is dominated by banks, institutional investors and mutual funds that don’t always have much in the way of control over assets.

 

Forbes reader danogden ...commented: “…pension plans, corporate 401(k) plans and individual funds..manage trillions in assets ultimately belonging to individuals who are predominantly not in the “1%”. …

 

...“custodian banks” in the list — companies who hold the assets of asset managers to ensure timely processing of things ...do not own the assets, or even really control [them.] A better list would be the actual asset OWNERS, rather than the vendors who manage, house and clear said assets.”

 

 If connectedness clusters, so does wealth, says Dan Braha of NECSI: in similar models, money flows towards the most highly connected members. 

 

...The real question, says the Zurich team, is whether it can exert concerted political power. Driffill feels 147 is too many to sustain collusion. Braha suspects they will compete in the market but act together on common interests. Resisting changes to the network structure may be one such common interest.

 


 


Via Deb Nystrom, REVELN
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Deb Nystrom, REVELN's curator insight, September 7, 2013 4:43 PM

Complexity science is a window to understanding nature as well as ourselves in a global system.  This article is blend of two, from the original New Scientist post from 2011, and from a Forbes summary that was listed on LinkedIn today, September 2013.  ~  Deb

Jim Allen, III's curator insight, September 13, 2013 10:26 AM

They didn't dig deep enough into who heads, runs, and holds most interest in these companies and the number will be closer to 12 families.

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Newspapers appeal to readers for help - BC News - Castanet.net

Newspapers appeal to readers for help - BC News - Castanet.net | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
The president of Vancouver’s two major daily newspapers published an appeal for support from readers Wednesday, as their parent company revealed a third-quarter loss of $112 million.
Patrick J Scanlon's insight:
Divine Right giving way to Customer First?
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The 'Father of the Internet' Remembers Douglas Engelbart

The 'Father of the Internet' Remembers Douglas Engelbart | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
Douglas Engelbart, the inventor of the computer mouse who died yesterday at the age of 88, had tremendous influence over many of the computing technologies we now take for granted.
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4 Big Data Trends That Change Everything - Forbes

4 Big Data Trends That Change Everything - Forbes | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
4 Big Data Trends That Change Everything Forbes Brilliant speakers at the Brandworks Conference (run by Lindsey, Stone and Briggs) in May and at the Cloud Computing and Big Data Expo and the World Innovation Forum (WIFNY) both in New York last week...
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Social media's impact on TV isn't that big, new study finds - VentureBeat

Social media's impact on TV isn't that big, new study finds VentureBeat Social media's impact on television viewing is small compared to traditional marketing and communications, but it has the potential to grow quickly, according to new findings...
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Time-Lapse Photography for Your Smartphone

Time-Lapse Photography for Your Smartphone | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
Capturing quality motion time-lapses and panoramas have long been feats reserved for the most adept photographers, but two Ph.D.
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From Hype to Reality – Big Data Best Practices Emerge

From Hype to Reality – Big Data Best Practices Emerge | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
Forrester Webinar: From Hype to Reality – Big Data Best Practices Emerge. Sign up today. http://t.co/N7UmNsA2hU
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Have photo staffs become a luxury for newspapers? - World News Publishing Focus by WAN-IFRA

Have photo staffs become a luxury for newspapers? - World News Publishing Focus by WAN-IFRA | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
The website of WAN-IFRA, World Association of Newspapers and News Publishers. (RT @StKonrath: Have photo staffs become a luxury for newspapers? Analysts disagree.
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For ‘House of Cards,’ Using Big Data to Guarantee Its Popularity

For ‘House of Cards,’ Using Big Data to Guarantee Its Popularity | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
In any business, the ability to see into the future is the killer app, and Netflix may be getting close with “House of Cards.” (The Media Equation: For ‘House of Cards,’ Using Big Data to Guarantee Its Popularity: In any business, the...
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The fall of @Time is more about bad leadership than a dying industry

The fall of @Time is more about bad leadership than a dying industry | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
Michael Wolff: Even in the context of the general decline of the magazine business, Time Inc warrants special shame and humiliation
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No Data Scientists Required: Big Data is All About Business Users

No Data Scientists Required: Big Data is All About Business Users | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
Big data doesn’t sound like a provocative field. In a recent panel at the Global Big Data Conference, however, I said that the hype that has been building around the data scientist is over.
Patrick J Scanlon's insight:

The hardest part of #BigData is devising the business question you want it to answer.

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#BigData to Big Mac; how McDonalds leverages #BigData

#BigData to Big Mac; how McDonalds leverages #BigData | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
McDonald’s leverages big data to create the best experience for their customers and make the organization more efficient and effective.
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Big Data Is About To Produce A Whole Bunch Of Google-like Companies — Here's How

Big Data Is About To Produce A Whole Bunch Of Google-like Companies — Here's How | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it

Google is the biggest examples of a "big data" company that knows how to use correlations. It keeps records of everything we do with its online services and finds new ways to use that data.

For instance, Google created a realtime flu tracker by watching where people searched for terms relating to illness and mapping that data from the Center for Disease Control.
 

Here are some examples from the book of Google-like companies doing interesting things with big data.

Oren Etzioni, creator of one of the first search engines, MetaCrawler, scraped data from a travel website to build a tool called Farecast that predicted when an airfare price was likely to go down. Microsoft bought Farecast for $115 million in 2008. Today, it's part of Bing.
 Then Etzioni turned around and created Decide.com to help people predict when prices will drop on electronics.
 PriceStats tracks the prices of millions of products in over 70 countries to keep tabs on inflation and the economy.
 AirSage gathers 15 billion geolocation records daily from multiple cell phone carriers. It uses this for traffic analysis to help city planners.
 Similarly, Inrix collects traffic data from the sensors in the cars themselves via BMW, Ford, Toyota, and others and uses that to help city planners model traffic flow. And there's more.


Read more: http://www.businessinsider.com/big-data-is-about-to-produce-a-whole-bunch-of-google-like-companies-heres-how-2013-8#ixzz2c5C6mFMv


Via Deb Nystrom, REVELN
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Deb Nystrom, REVELN's curator insight, August 15, 2013 7:25 PM

It's good to see the companies that "big data" has wrought, that we are already using in some way.  For example, I've paid attention to the up and down arrows when deciding when to buy my airfare.  

As far as big data affecting how we do our work in organizations, how we receive feedback, how we understand the next big priorities at work, for sure, it matters.

~ Deb 

Hein Holthuizen's curator insight, September 1, 2013 6:44 AM

how to get to this data, will be business webservices my new service

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Investing in venture-capital funds isn't a great idea

Investing in venture-capital funds isn't a great idea | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
That's a generalization of findings made by Ewing Marion Kauffman Foundation, an organization designed to promote entrepreneurship that invests in venture capital funds. Read this article by Don Reisinger on CNET News.
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The Problem With Big Data (It's Not Me, It's You)

"That's not Big Data... That's just more data..."
Patrick J Scanlon's insight:
It's Not Me, It's You
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Leadership is Not Title or Position - George Ambler

Leadership is Not Title or Position - George Ambler | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
Position, title and authority are often confused with leadership. The best leaders don’t lead from position or authority. (#Leadership is not a title.
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Former student editor: Print editions aren't fundamental to college newspapers ... - Poynter.org

Former student editor: Print editions aren't fundamental to college newspapers ... University of Virginia graduate Matthew Cameron wrote a thesis suggesting ways university newspapers can survive and thrive, Dan Reimold writes.
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Where Newspapers Are Alive And Kicking (for now)- Forbes

Where Newspapers Are Alive And Kicking (for now)- Forbes | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
The question is- if their readers had access to wifi the way US ones do... Would the newspapers still be thriving? Newspapers: If you dont like change... then you will like irrelevance even less.
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The Art of Data Visualization | Off Book | PBS

Humans have a powerful capacity to process visual information, skills that date far back in our evolutionary lineage. And since the advent of science, we hav... (Big Data Can Look Awesome!
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2nd Annual Big Data World Congress 2013 | London | Conference | Summit | Big Data Analytics | Hadoop | Co-located with Cloud World Forum | 26 and 27 June

2nd Annual Big Data World Congress 2013 | London | Conference | Summit | Big Data Analytics | Hadoop | Co-located with Cloud World Forum | 26 and 27 June | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
Big Data World Congress 2013 - conference focusing on the latest trends and technologies related to the rise of big data in business.
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Why Apple, Academia, Tesla & VCs May Die, Disruption Guru Christensen Talks

Why Apple, Academia, Tesla & VCs May Die, Disruption Guru Christensen Talks | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it

"Harvard business professor Clayton Christensen literally wrote the book on technology disruption...and he thinks Apple, Tesla Motors, venture capitalists and most of the nation’s colleges and universities should be afraid."

  

The author of The Innovator’s Dilemma said Wednesday that all of them could be killed by less advanced competitors in the same way that many once dominant technology companies have been in the past.

  

...He believes that and the commoditization of smartphones threaten Apple in the long run.

  

...“For 300 years, higher education was not disruptable because there was no technological core."

  

“But now online learning brings to higher education this technological core, and people who are very complacent are in deep trouble.'

__________________

    

...people who are very complacent are in deep trouble.

__________________

 

 

...“there is a different business model that is disrupting this in addition to online learning. It’s on-the-job education. ...you come in for a week and we’ll teach you about strategy and you go off and develop a strategy.  

 

...You learn it and you use it. These are very different business models and that’s what’s killing us.”


Via Deb Nystrom, REVELN
Patrick J Scanlon's insight:

If you don't like change.  You will like irrelevance even less #media #higherEd #VC

more...
Marie Jeffery's comment, February 11, 2013 11:13 AM
KMInstitute.org
Deb Nystrom, REVELN's curator insight, February 11, 2013 11:50 AM

I've posted this to BOTH Change Leader Watch & here.  On the Innovations & Institutions stream, I'll be adding examples of organizations that are adapting to this disruption in academe and the other industries mentioned.  ~  Deb

Deb Nystrom, REVELN's comment, February 17, 2013 4:30 PM
Thanks for your comments Marie. Knowledge Management is quite an industry, with various opinions of the traction it holds in business. I am most curious as to where it is headed.
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25 Cartoons To Give Current Big Data Hype A Perspective

25 Cartoons To Give Current Big Data Hype A Perspective | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
Have you heard about “Big-Data”? It is an important word now-a-days and is driving enterpr...
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Venice-based ‘Pinterest for Men’ Raises $825k in Venture Capital

Venice-based ‘Pinterest for Men’ Raises $825k in Venture Capital | Nautilus - A Deep Dive On Some Narrow Topics | Scoop.it
Venice-based Tapiture, a sort-of Pinterest for men, (Venice-based 'Pinterest for Men' Raises $825k in Venture Capital - http://t.co/SnfwlGyw)
Patrick J Scanlon's insight:

$825K for an "@pinterest for men" Isn't that called porn.

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