I know this isn’t related to the TOM prompt but I love your breakdown of Sony’s problem – it really brings alive the Fin 1 discussion today about how businesses typically shouldn’t diversify away from their core competencies.
I’m a bit confused as to how SAP works – do individuals and/or businesses with innovative ideas approach Sony? At that point, would Sony partner them with a team to continue growing the project?
Hey! I definitely think your concern will be valid, but not anytime soon. Additive manufacturing is still prohibitively expensive for many retailers, let alone the individual person. Additive manufacturing requires a thorough knowledge of the complicated software and hardware elements required to produce the design, including the multi-step finishing process that often requires the use of dangerous chemicals.
Additionally, I think that mass-market personalization cheapens the overall allure of additive manufacturing, and that for it to become more prevalent it should currently be rarified.
For these reasons and the ones mentioned in my post, Vojd is an organization that is utilization this industry paradigm shift to capture value and establish their market as early adopter!
This is a terrifying statistic:
“It took 13 minutes to discover the first vulnerability and over the course of the next 6 hours, hackers submitted over 200 findings, earning $75,000 in reward money.”
This explains so much about my frustrations with Army IT platforms:
“Hack the Army paid $100,000 in bounties for 416 reports – the first bug was found in 5 minutes.”
I would love to see the demographics of Olay’s user population. This brand is extremely stogy and tired – I can’t imagine that this new offering alone will endear itself to younger consumers. Is there a way that Olay could use the data gleaned from this new functionality to produce marketing campaigns that would further its appeal to younger consumers? However, I like how you can use this application anywhere unlike Sephora where you have to enter a store to access their facial recognition software.
Millennials like to believe they are curating their lives, and Secret Cinema allows them to do this through their “creator consumer” concept. I’ve personally loved my experiences with Sleep No More in New York and Shanghai and wish that I could go to London, or have Secret Cinema come to Boston, to participate. I honestly think HBS would be the ideal location for a Secret Cinema production…. business proposal?
I honestly can’t wait to use one of these stores. To answer your second question, I really think that Just Walk Out technology is the way of the future. Often I don’t want to interact with cashiers, either they’re in a bad mood or chatting too much or I’m in a bad mood and in my own head. The idea of being watched is slightly terrifying, especially if taken to the logical extreme where this technology applied everywhere. That being said I think this technology will be much harder to apply at stores with more square foot i.e. CostCo and Walmart, because the cost of implementing sensors and running analytics on past purchase history. As for your first question, I don’t think Jeff Bezos cares about the short-term cost. Implementing this new business model allows him to have first-mover advantage and expand his Amazonian empire, which is his ultimate goal. He is establishing the paradigm for the next generation of shoppers: quick, anonymous, and driven by data and surveillance.
This is amazing, send me the information and sign me up!
We must absolutely regulate. If you haven’t already, please watch the Black Mirror episode “Metal Head.” Without giving too much away, the episode follows a woman as weaponized dog-robots tirelessly hunt her down. AI is already positioned to be the next step in human evolution, one that potentially invalidates our existence. Why do we need to weaponize it?
Great write-up! I think the bioprinting of organs is extremely important for the reasons you’ve mentioned, but while reading your piece I also recalled a horror movie in which (if I remember correctly) the DNA of a murdered supermodel was fed into a bioprinting schematic and instead of reproducing her enviable body, the process created a monstrosity. While this scenario is obviously a gross exaggeration, it begs larger moral questions, specifically regarding the bioprinting of organs like the human brain and heart. Would a human brain, absent a body, be sentient? Could a lone human heart posess a soul? We have to discuss and regular these questions before mad scientists (joke) run amok.