3 ms·
I would think that this comment could have been made in any point in history and a lot of people would agree. I just watched a documentary on Henry Ford - in h
by seer 7y ago
I would think that this comment could have been made in any point in history and a lot of people would agree.
I just watched a documentary on Henry Ford - in his time making cars was a “solved” problem - you’d have various highly trained and talented teams of craftsmen that would build a car using simple but versatile tools. It all worked rather well in europe and america, and is a model that has been around throughout most of human history - a “proven and reliable way” to do things.
And here comes Ford and invents mass production as we know it by applying principles already present in the military to the civilian sector. Not precisely new but applied and perfected in a different area. Changed the world.
Today I can see similar changes - people from the software world disrupting traditional industries by applying new methods learned in a different field. Sure a lot of the time they fail spectacularly and get the “I told you so” treatment, but there are some notable winners. Look at what Elon is doing for example.
So I’m rather hopeful to be honest - there is so much stress, unhappiness and efficiency problems present in the world, that I really doubt we’ll run out of things to do anytime soon.
- chiefalchemist 7y agoPlease re-read my question. I'm not doubting there are pockets of change, innovation, etc. That exists. The question is: What percentage of the economy can be truly competitive? And how much is closer to commodities wrapped in some semi-fancy marketing? How many investors / VCs are willing to solve the problem of (say): How to make a better kitchen chair? And improve the manufacturing there of?
- majewsky 7y agoFWIW, you just described Ikea. Their whole business model is shaving pennies off of each item by iterating on the manufacturing, shipping and selling processes.
- chiefalchemist 7y agoFine. But who else? Or have they cornered their market? And again, that % of the economy is this; is truly competitive??