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Conduct a Cost/BenefitAnalysis : Do the potential benefits derived from the decision justify the expected costs? What if the costs exceed projections, and the benefits fall short of projections? What would your family think of your decision? I Think Not. mikemyatt: RT @janemyatt Their sacrifice.
However, concerns have been raised regarding the extent to which individuals are willing to cede control to computer systems, particularly with respect to important matters such as health and finance. This suggests that people are not necessarily afraid of algorithms, but that for many people, this is yet another cost-benefitanalysis.”
As a result of our conversation, I decided to dust-off an old post, give it a few updates, and pass along my thoughts, which can be best summarized as “ Ideas Don’t Equal Innovation. “ It is my hope to help dispel the myth that ideas are inherently good things.
Innovation-led growth can square a circle that is challenging modern capitalism: how to generate sustained and sustainable economic growth, built on high-value, well-paying jobs. The reason for this elusiveness lies in widespread misunderstandings about how innovation-led growth has been achieved in the past.
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