What it can — and cannot — do for your organization [Read More]
Summary… * Machine-Made
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LatestFor more than 250 years the fundamental drivers of economic growth have been technological innovations.
The most important of these are what economists call general-purpose technologies â a category that includes the steam engine, electricity, and the internal combustion engine.
The internal combustion engine, for example, gave rise to cars, trucks, airplanes, chain saws, and lawnmowers, along with big-box retailers, shopping centers, cross-docking warehouses, new supply chains, and, when you think about it, suburbs.
Companies as diverse as Walmart, UPS, and Uber found ways to leverage the technology to create profitable new business models.
Opinion… * Man-Made
Source: Harvard Business Review