Tag Archives: Industrial Revolution

Innovation Isn’t About Control, But Access

Completed in 1928, Henry Ford’s River Rouge plant was a marvel of its age. It was almost 100% vertically integrated, even producing its own steel and by the 1930s over 100,000 employees worked there, producing nearly every component for the cars that Ford built. It was, at the time, considered to be a key advantage. Nobody makes factories like that ...

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How Should We Educate Children to Win the Fourth Industrial Revolution?

Thriving in the fourth industrial revolution will require nothing short of restructuring public education at all levels, not just K-12. One goal should be to create entrepreneurial schools and universities, and by that I don't mean teaching children how to start businesses. Instead, creating the entrepreneurial mindset is about the pursuit of opportunity with scarce resources with the goal of creating user defined value through the deployment of innovation.

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How Doctors and Patients Can Win the Fourth Industrial Revolution

The Fourth Industrial Revolution is a mental model created by the leaders of the Joint Economic Forum and describes how physical, digital and biologic technologies have collided and the resulting challenges and opportunities that presents. Here is how AI is changing sick care. Here is how 3-D printing is changing sick care. Here are the opportunities using VR/AR in sick care. Google and ...

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More Management Equals Less Output

How can firms manage with so many bosses? Societies have never been good at moving from one big tech-induced change to another. The industrial revolution wrought havoc on populations. Production lines were thought to dehumanise people, and modern agriculture is still vilified, instead of being celebrated. And people now worry that technology will drive us towards some singularity where people are no longer required.

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