This is a very interesting read. I agree with you that crowdsourcing should be more widely implemented for the government to know more about its people and address issues. As in the case of Mexico City, I think this is also a great way to reduce costs and burden of the government as it leverages the ideas and input of civilians to improve the community. This also helps create buy-in from the people as they feel that their contribution is valued and appreciated.
This is an interesting article. I think Youtube is doing a very great job using AI technology to filter out inappropriate content. The photo that you posted at the very end pose an interesting question – is Youtube also eliminating free speech? I think AI and human may interpret this photo very different. But as we learned in class, I think it’s better to commit a type II error (“better to reject a good candidate than accept a bad one”) to ensure that Youtube is a healthy/safe place for people to browse videos and reduce the risks of legal ramifications.
This is an interesting read, especially after our Nike case that talks about the company’s goal to constantly innovative. 3D printing technology is a great way for Nike to improve its manufacturing process and save costs It’s also very interesting to see how the revenue of $100-dollar shoe is broken down into different costs. If 3D printing is to gain popularity in the shoe industry in the future, margin will increase drastically especially for large firms like Nike given even small amount of savings per shoe manufactured is significant to impact its bottom line.
Thank you very much. This is a very interesting piece. I think the original content can be successfully created by crowd. Not only does it helps generate buzz among the prospective customers, thereby increasing its revenues, it also can enhance the original/creative aspects of the cinema. However, one concern is that sometimes the audience doesn’t know what they want – they may throw in their ideas but if there are too many, then the content may have inconsistent theme or message.
Thank you. This is a very interesting piece. I agree that product development is Olay’s competitive advantage, but at the same time, I think it should hold the AI technology inhouse to gather the important data to continue to innovate and develop great products for its consumers. This is like a virtuous cycle where the more data you gather from consumers, the more you know about your consumers’ needs and preference, and the more likely you will develop a good product that would meet the consumers’ needs. I think they should continue promote this technology to more users.
Thank Adebodun. This is a fascinating example of how 3D printing is used in our world. I think the consumers and regulators will need time to adjust to the new technology as it applies to construction as this disruptive technology may have safety and license implications. It is also important for the traditional real estate/construction companies to keep up with this trend so that they can reduce costs and stay innovative in order to keep their competitive advantage in the long run.