Thinks 564

Evan Armstrong: “Software is consuming industries but it is also consuming individuals. What it means to be human is shifting. We are becoming what I call “embedded humans.” Our interactions with the world are determined by the software that we use. Software is being embedded into our identity and individuality… up to this point in human history, almost all of these goods have been centered around physical augmentation. The vast majority of products were meant to increase the labor capacity of a person’s hands. Now though, most technology is doing mental automation. Rather than increase the strength of an arm, we are directly embedding software into our cognitive processes to automate away mental labor…This arguably makes the creation of thoughtful software the most important task facing the technology sector today.”

Bikram Gupta Sarma: “A technology CEO constantly faces these five anxieties or challenges. The first is dealing with increasing individual and team performance. Technology moves at such a rapid pace that it is difficult to keep up with evolving new concepts. The second is with doing more with less – either with resources (people and budgets) or time to meet the company goals. Most technology organizations have developed specializations over the years and the CEO experiences the third anxiety of leveraging with partner organizations as specializations are all over. Often, either the organization, the investors or the board has a new vision, and the CEO now needs to deal with a fourth anxiety of how to synchronize one’s execution with a new vision. Finally, the technology world has grown global and technology teams take the job to where the talent is. This now means managing and leading global workforce, the fifth anxiety.”

From Common Sense Economics: “Competition is a disciplinary force. In the marketplace, businesses must compete for the loyalty of customers. When firms serve their customers poorly, they generally lose business to rivals offering a better deal. Competition provides consumers with protection against high prices, shoddy merchandise, poor service, and/or rude behavior. Almost everyone recognizes this point with regard to the private sector. Unfortunately, the importance of competition in the public sector is often overlooked.” [via CafeHayek]

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.