August 2011
51 posts
Rather, it is by creating an entirely new business model – a new form of organization, to use Schumpeter’s term – that makes possible what incumbents can, almost literally, not even dream of – not because it is beyond their imaginations but because it is beyond their desires.
Michael Raynor commenting on Schumpeter’s creative destruction and the dilemma of incumbents.
This is the best part of my job.
And then, we got too good at it. We overlearned the game. Within the bounds of the rules of the game, we realized that there is a strategy to crafting answers to questions that guaranteed a win. The opposing teams would try to defeat this approach with more and more difficult questions, but in the end, we gave up, and stopped playing the game.
I think this problem, of overlearning the game to a point where you exploit the rules to achieve goals that are far removed, or even opposed, to the original intent of the game, is systemic in human society and permeates almost all aspects of our lives.
” —The “overlearning the game” problem - Andrew on EverythingThis week Facebook announced some pretty neat changes to the way we share content. It is now easier to see and control who you share your content with, control the visibility of your profile elements and we have the ability to manually approve tags on photos or posts before they appear on our…