4/21/2024

“Disruptive Innovation”

A great HBR podcast on the legacy of the Innovators Dilemma book and “Disruptive Innovation” theory defined by Clayton Christensen. Great discussion by subject matter experts and valuable insights on this topic. In 1995, the late and legendary Harvard Business School professor Clayton Christensen introduced his theory of “disruptive innovation” right here in the pages of the Harvard Business Review. The idea inspired a generation of entrepreneurs and businesses, ranging from small start-ups to global corporations. Three decades later, debates have emerged around how the theory should be applied — especially within technology start-ups that have driven so much economic growth since 2000. In this episode, Harvard Business Review editor Amy Bernstein and a panel of expert scholars discuss the legacy of disruptive innovation, and how the common perception of disruption has drifted away from its original meaning. Expert guests include: · Harvard Business School senior lecturer and director of the Forum for Growth and Innovation Derek van Bever · Columbia Business School professor Rita McGrath · Harvard Business School professor Felix Oberholzer-Gee Key episode topics include: strategy, competitive strategy, business history, disruptive innovation, Clay Christensen, innovator’s dilemma. HBR On Strategy curates the best case studies and conversations with the world’s top business and management experts, to help you unlock new ways of doing business. New episodes every week. https://podcasts.apple.com/es/podcast/hbr-on-strategy/id1683845677?i=1000652728351

- Pedro

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A brief story of numerical systems by TED-Ed!

A brief story of numerical systems by TED-Ed! How did we get to the decimal system, why the zero was derived and by 15th century how the Hindu-Arabic system become the norm. Enjoy! https://youtu.be/cZH0YnFpjwU?si=lmO6oH4aDI37xIL7

- Pedro

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Fide's Candidates Tournament

Where we are after round 8! Up to Fabiano everything is possible. Gukesh (17 years) and Pragg (18 years old) are doing a great tournament. 6 rounds to go!

- Pedro

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The Solow Model of Economic Growth.

The Solow Model of Economic Growth. a simple model but from which you can derive so many insights! GDP= f(K, EL, A) The relation of capital (K), Labor and technology to GDP The law of diminishing returns and its implication to the steady state equilibrium (investment on capital vs. depreciation) The impact of education and labor (EL) and its investment to sustain the level of growth also will leads to a steady state equilibrium and will lead to conditional convergence. Technology or ideas (A) how it contributes to growth, that has a multiplier effect on growth and makes the difference between catching-up growth and cutting edge-growth. A good recap on basic economic principles, that when you think it also applies to company valuation (to be further developed in a future note or post). Enjoy! https://marginalrevolution.com/marginalrevolution/2024/03/teaching-the-super-simple-solow-model.html https://youtube.com/playlist?list=PL-uRhZ_p-BM6L_I3IHvE85NHooK2Ln9Rm&si=tqMNXL-DApeStem7

- Pedro

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4/14/2024

FIDE Candidates Chess Tournaments 2024

Where we are after round 8! Up to Fabiano everything is possible. Gukesh (17 years) and Pragg (18 years old) are doing a great tournament. 6 rounds to go!

- Pedro

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A stealth attack came close to compromising the world’s computers

A image is worth 1.000 words and the picture tells it all. it’s really surprising, to say the least, that fundamental building blocks of internet code is developed and maintained by a handful of pro-bono experts that underpin the entire eco-system. Goes without saying that situations like the one exposed might be the rule and not the exception. Additionally, the attack was detected by another expert user that has detected that the system to log-on securely to another device was 500 milliseconds slower and while investing the root-causes for such delay found the attack (a back door that would impact all systems that use this code) that could have compromised almost all systems! The story explained in the Economist article, as an overview, and in greater detail in the YouTube link (in Spanish), sounds like a Bond’s movie with all the ingredients necessary to make a blockbuster. My takeaways are: how can an entire fundamental eco-system be created and maintained as an unpaid hobby by some highly expert geeks, how can it be easily hacked by malicious parties. how the controls in place are fragile and serendipitous, how many situations like that might have happened in the past or might happen in the future getting unnoticed. https://youtu.be/Wi2_x3Mjm90?si=6w9_N0EiooTILGHN A stealth attack came close to compromising the world’s computers https://www.economist.com/science-and-technology/2024/04/02/a-stealth-attack-came-close-to-compromising-the-worlds-computers from The Economist

- Pedro

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4/13/2024

Modern Principles of Economics

A book that caught my attention. Added to the wish-list. https://marginalrevolution.com/our-textbook

- Pedro

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