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Showing posts from October, 2020

Toyota production System

  Toyota 1973 Manual more TPS Lean manufacturing through factory design Production and Operation analysis Adapted from ch 10 of  the book  Designing the Future: How Ford, Toyota, and other World-Class Organizations Use Lean Product Development to Drive Innovation and Transform Their Business Reducing Variability Spaghetti chart of movement JIT

Auction for evaluation

Robert Wilson and Paul Milgrom  " developed the theory for auctions of objects with a  common value  – a value which is uncertain beforehand but, in the end, is the same for everyone." and " formulated a more general theory of auctions that not only allows common values, but also  private values  that vary from bidder to bidder. " respectively.

Building AI/ML Organisations

Building Impactful AI/ML organisations Imagine AI/ML becoming as ubiquitous as electricity. Taking this metaphor further, as electric cars are going viral, what can disrupt them? In the long future, what can disrupt AI/ML? Etsy moved AI to cloud 1. Running experiments with AI/ML 2. On your own infrastructure or cloud? 3. How long does it take? aka Speed of innovation 4. Reduced number of servers from 3000 to few hundred. 5. Moving to cloud freed up 75 infrastructure engineers. How Etsy uses ML  for searches. Their extreme challenge is the unstructured and no SKU. Ebay's  Cassini project .  Structured data initiative Get the first page right  aka make a good first impression. Top tier conferences  KDD, NIPS, ICML, ICLR, CVPR, ICCV, WWW, WSDM, SIGIR Book recommendations Learning from Data  by  Yaser Abu-Mostafa Possible minds: Twenty-Five Ways of Looking at AI  by  John Brockman High output management  by Andy Grove edge.org

Scheduled personal delivery

In  Why letter writing has become less popular , the author writes that the improved means of transportation makes it effective for the person to travel instead of the missive and faster than the missive. The messenger is the message originator. Translate this to freight and goods. With companies acquiring their own shipping and transporting of goods to the customer, the final disbursing of products could be made into memorable experiences with exact scheduled cake, flower or good news deliveries. 

Mary Meeker Report

  Coronavirus report Creative Innovators (Globally + together) eg:  Distributedvalley "one person's lost revenue is another person's lost revenue" - the cascade/telescope aspect. Connected devices adding to telehealth as well as point-of-care diagnostics.  Point of care diagnostics  gets easier with  "Connecting Dark pools" of health information

Untimely feedback

  Looking to AI to understand how we learn Not everyone corrects their mental models with back propogation. Ideally we should, but if the data comes back at an inopportune time, ie untimely feedback...

CoMotion Labs

  Fundamentals of startup valuation Notes: Pick a funding amount to fund the engineering/support needed for the product to hit metrics for the next round of funding. ownyourventure.com  tool to analyse how much of your company to sell. Valuation methods 1. Venture Capital Method 2. Scorecard valuation methodology 3.  Complex evaluation Method Calculating  Total Addressable Market  calculation methods - Bottoms up (preferred for mature market), top down . Ten important tips for entrepreneurs to raise venture capital

Trends in Cryptocurrency

  Know about NFT - non-fungible tokens NFT disrupts these industries Tug of War between  gold and bitcoin .  Bitcoin's intrinsic value will rise in the coming months while gold may struggle as institutional investors flock to crypto, JPMorgan says Bitcoin's price depends on the  mining difficulty  in percentage points . The difficulty keeps rising, increasing the bitcoins cost as well as intrinsic value rise. As more difficult mining continues, the gap between the intrinsic value and market value reduces. " We estimate that a 70% increase in difficulty, all else equal, would see the intrinsic value approach current market prices," the strategists wrote.  - Emily Graffeo Price follows hashrate  but atleast not once in the case of Ethereum. Can GPT mine bitcoin?  Crypto neednt fear gpt-3, it should embrace it Bitcoin as a  Hedge against inflation Microstrategy made a  tender offer  before buying bitcoin to allow skeptical investors to...

Whats stopping telehealth ahead?

A telehealth provider enjoyed a breakfast with family. Can this be true for long? Not if the telehealth remains a cost to the provider. Not as long as it is not reimbursed.  Telehealth adoption  by providers will result in reduced healthcare costs only when the costs are reimbursed. The pitfalls of telehealth . A hybrid such that everyone wins-wins, the second time around. Clinician behavior Tiers of telehealth support    Initial overhead of setting up appointment - Lending technology for the visit time. Role of non-clinician care givers Technology Literacy Assist with community workers Can you app become a digital health tool?

Startups

Craig Rispin keynote  mentioning  Twist Bioscience  which uses DNA to store data.   Carbonscape graphite A materials company has its way into the supplychain.  Extracta pty  Using food waste. Seeing Machines How do you make any marketplace? Has it become easier? SendGold Is it only non-profits and impact companies that use "combined experience" of team?