Big Data’s ability to make increasingly accurate predictions will change the economics of industries based on amortizing risk across a population.
Tag Archives: Economics
Slides from my Startupfest 2012 presentation on coefficients of friction, affectionately titled Thrust And Lube.
For thousands of years, humans have fought friction with force to bend the world to their will. But a digital world is frictionless, and successful companies focus on lube, not thrust, to disrupt their industries.