"Blockbuster vs. Netflix: Blockbuster's leadership couldn't break free from their retail store mental model."
Silicon Valley cannot break free from its surveillance, data collection and online advertising mental model of the internet.
"It's that their past successes created the conditions for these mistakes. Their expertise became their vulnerability. Their conventional wisdom became the instrument of their downfall."
Ad services have been highly profitable in the absence of meaningful competition or regulation. But how long will those conditions last. Silicon Valley's "conventional wisdom" comprises "products" and "services" priced at zero dollars, "normalised" anti-competitive conduct, relentless data collection and surveillance and finally, the sale of online advertising services as a "business model".
"Disruptors and innovators intuitively understand the Cannae Problem. They specifically look for gaps between established organizations' mental models and reality. These gaps represent enormous opportunities."
The established "tech" organisations' mental models are so weak they were never able to find a business model. They had to resort to internet intermediation for the purpose of surveillance and advertising services.
Silicon Valley cannot break free from its surveillance, data collection and online advertising mental model of the internet.
"It's that their past successes created the conditions for these mistakes. Their expertise became their vulnerability. Their conventional wisdom became the instrument of their downfall."
Ad services have been highly profitable in the absence of meaningful competition or regulation. But how long will those conditions last. Silicon Valley's "conventional wisdom" comprises "products" and "services" priced at zero dollars, "normalised" anti-competitive conduct, relentless data collection and surveillance and finally, the sale of online advertising services as a "business model".
"Disruptors and innovators intuitively understand the Cannae Problem. They specifically look for gaps between established organizations' mental models and reality. These gaps represent enormous opportunities."
The established "tech" organisations' mental models are so weak they were never able to find a business model. They had to resort to internet intermediation for the purpose of surveillance and advertising services.