Strategic Simplicity® is the Key to Business Success

As I've said before, we are in the Attention Scarcity Age and the key to business success today is streamlining the customer experience, and making it very quick and easy for people to accomplish tasks.

It's the secret to Uber, AirBNB, take out services, and AI.

The Lefsetz Letter touches on this while talking about how the best non-blockbuster/superhero  movies are 

now appearing on Netflix (https://lefsetz.com/wordpress/2024/06/11/hit-man/), bolding is mine:

"On Netflix, to paraphrase Mick Jagger, it’s just a click away.

There’s too much friction in going to the movies. You’ve got to look up the time, get in your car, park, pay, sit through a zillion trailers, and maybe commercials, and endure the great unwashed populace.

But on Netflix… It’s on demand, ready when you are. To watch straight through, to pause, to see again and again.

This is the modern paradigm. He with the most friction loses. Didn’t the music business prove this?"

© 2024 Praveen Puri

Interesting Connection 2

Elon Musk launched a new AI company (xAI - he's fascinated by the letter X), and it raised a lot of money in a short time.  Why?

Because he also owns Tesla and X (nee Twitter), which gives his AI models a big advantage in training data (tweets, file from Tesla cameras, etc).
© 2024 Praveen Puri

Interesting Connection 1

Did you now that, outside the main bull fighting stadium in Madrid, there is a statue dedicated to Alexander Fleming?

Why?  His invention of penicillin saved countless bullfighters.

© 2024 Praveen Puri

The Mythical Man-Month

When a project is falling behind, beware the seductive idea of simply increasing manpower. Adding bodies doesn't scale for knowledge workers.

hashta work.
For example,

Adding more farm workers to pick wheat is productive because the work can be divided and they don't have to communicate with each other.

Adding more hashtagprogrammers to a project falling behind does not increase hashtagproductivity because they have to communicate / coordinate / share constraints.

© 2024 Praveen Puri