Published in Sydney's Child, August 2003 Many of us have mixed feelings when we think of studying Shakespeare at school. Such recollections can range from the depths of boredom and anguish to the heights of sublime joy and intellectual awakening. But regardless of our opinion of Shakespeare, we speak his language everyday. It is estimated that Shakespeare added around 1500 new words to the English language. Whenever we use our mind’s eye, to find method in someone’s madness, as they eat us out of house and home, because we thought they had a heart of gold and a spotless reputation but we were actually living in a fool's paradise; whenever we decide that discretion is the better part of valour or detect something in the wind; whenever we remark that brevity is the soul of wit, that love is blind or caution someone that all that glistens is not gold or advise someone to be neither a lender nor a borrower; from the salad days of youth, throu...
Go to http://www.datamilk.com/survey/ to have your say. Technology has made it easier than ever for people to collect and store a valuable trove of personal information about themselves. However, there is no readily available means by which individuals can reap a financial benefit by selling their personally generated data. Companies such as Facebook, Linkedin and Twitter are multi-billion dollar companies built almost entirely on user-generated data, so it’s clear that when used correct, your personal data is extremely valuable. There is a growing unease about the disparity between the value that companies realize from personal data and the financial rewards individuals gleam from this information. Prof. Tim Wu from Columbia Law School recently argued that Facebook should pay us for our posts. Individually your data may not be worth very much. but collectibely it is a goldmine. The problem is that there is currently no way for individuals to collect and moneti...
Main Thesis – Companies need to invest in disruptive technologies, technologies which are typically low spec, more expensive and not required by their current customers in order to stay competitive in the long term. If they don’t, companies which do develop these new technologies will soon develop them into a main stream product which will displace the previous industry standard and the company will not thrive. There is a difference between sustaining innovations, which improve existing ways of doing things, and disruptive technologies, which do things in quite different ways or way a significantly lower cost. Christensen’s findings include: Companies need to invest in disruptive technologies early on. They usually need to do so by starting a new company or spin off which is solely dedicated to developing the disruptive technology, commercializing it and finding or creating the right market to sell it into. They need to do this because trying to dedicate sufficie...
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