Thinks 1735

Robert E. Siegel: “A systems leader fundamentally does two things: masters certain dualities and internalizes them, and understands action and reaction within systems—between functions inside a company or between a company and its ecosystem. Regarding dualities, they understand both hardware and software, horizontal and vertical—the notion of having a platform that can scale globally, yet having a product that can be customized quickly on the front end for customers. The systems leader has the ability to navigate through that mindset of internalizing these dualities, and they also have certain other characteristics. They act and behave like a product manager. With a “product manager’s mindset,” they understand what customers need and know how products get built. They also understand the go-to-market motion and that process of how you sell a product and serve customers better.”

NYTimes: “When the sociologists Donald Horton and R. Richard Wohl coined the term “parasocial interaction” in 1956, they were describing the popular media of the midcentury: radio, film and especially television. The academics described a culture in which audiences felt personally involved in the lives of performers, who could not necessarily reciprocate those feelings of closeness. Mr. Horton and Mr. Wohl noted the rise of figures they called “personae,” personalities like announcers, quizmasters and radio hosts, who had no special skill except their ability to cultivate these asymmetrical relationships with their audience…An emerging genre of video collapses the boundaries between celebrities and their audiences.”

Agustin Lebron: “Markets find an efficient price when lots of different organizations are incentivized to contribute their own knowledge and understanding. The HFT, the earnings trader, the long-term investor: all contribute their own specialized knowledge and all are necessary for a well-functioning market. It’s that last key property, that of heterogenous participants, which prediction markets so resoundingly lack.”

NYTimes: “Executives refer to the promise of A.I. with grandiose comparisons: the dawn of the internet, the Industrial Revolution, Carl Friedrich Gauss’s discovery of number theory. But while boards and top executives may mandate using A.I. to make their businesses more efficient and competitive, many of those leaders haven’t fully integrated it into their own workdays. As with most technological advances, younger people have taken to A.I. more quickly than their elders. And the work that people do earlier in their careers — inserting data into spreadsheets, creating decks, coming up with designs — also lends itself to playing around with the technology. Top executives, on the other hand, are often several steps removed from the mechanics. Once they’re in the C-suite, days are filled with meetings. Less doing, more approving. So to nudge high-level managers, chief executives who have fully embraced A.I. are trying new tactics. Some have told senior leaders to use Gemini, Google’s A.I. assistant, before defaulting to Google search. Some are carving out time at corporate retreats to play around with generative A.I. tools like Creatify.”

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.