Re:Mass Layoffs and Absentee Bosses Create a Morale Crisis a...
by JumpCrisscross on Wednesday April 12, 2023 @12:20PM
(#35542205)
> that's sort of looking in hindsight at the struggles that tech has and the unknown market
There is innovating, trend following and what I’ll term trend completion.
Innovation creates new categories. Crypto was innovative. It looks like a losing bet, but nobody can doubt it was daring. Trend completion doesn’t create new categories, but it delivers on a promise. The iPhone is in this category. A product delivered against the incompleteness preceding it. (And synthesising categories.)
Absent that tangibility or specificity you have trend following. Facebook didn’t create the VR/AR category. It hasn’t delivered a product. It hasn’t even described a uniquely compelling vision. It jumped into a fad because others were doing it and then flailed around helplessly while executives penned PowerPoints.
There is innovating, trend following and what I’ll term trend completion.
Innovation creates new categories. Crypto was innovative. It looks like a losing bet, but nobody can doubt it was daring. Trend completion doesn’t create new categories, but it delivers on a promise. The iPhone is in this category. A product delivered against the incompleteness preceding it. (And synthesising categories.)
Absent that tangibility or specificity you have trend following. Facebook didn’t create the VR/AR category. It hasn’t delivered a product. It hasn’t even described a uniquely compelling vision. It jumped into a fad because others were doing it and then flailed around helplessly while executives penned PowerPoints.