Skip to main content

Better problem leads to better society

Creating technology based on generation is essential. Because at the time of creation, it will be introduced to solve a problem that the current generation is facing. We could see from history that the problems are inevitable and gets better with time. Decades ago people faced a problem of not having enough information. To gain knowledge we had to put hours to find the source. Google solved the problem. But it doesn’t mean Google settled thereafter, instead they are solving better problem to further make humanity more advanced. This process of solving problems generation after generation actually made the modern world. Like Google, any company that is not limited to its predevelopment solution will find a great future.

Regardless of any industry, problem occurs one after another. By solving a problem means creating another. If we can’t find a solution to this chain of problem, then someone else will and we are kicked out. It is a competition that led us to discover and invent many things. Entrepreneurs sparkles the pace and scientists and engineers do the discovery.

Therefore invention or discovery is not an option, it is a survival which is getting difficult with time. This in someway good to the consumers. Consumers benefits from competition.

 

Labels:

Comments

Post a Comment

Most viewed

Investing with index

Expecting return a way more than the index average can be of greed influence. Index do gives a handsome return that sometimes even surpasses majority of the stock performance. But it is also true that index may stands still for some years. Yet in the very long it is way better than FDs.
Post a Comment
Read more

Private blockchain

The ledger in blockchain need not necessarily backed by a currency. For a system that need large amount of nodes, like in case of public permissioned blockchain, it is essential to give an incentive either in form of reduction in transaction fee or some currencies. This is a high incentive for those who works with high computational powers. They would demand this. But in case of private blockchain there is no need of providing a currency in the form of incentives. Private blockchains are used when the peer nods comes to know each at least half of them. They form a network of peer group and validate the transactions. Since private blockchain entitles the identity of each nodes, it is impossible to get a lot of people through. So these private blockchain lacks popularity and hence there is no coin. But this is extremely helpful in large corporations to store and validate data. They can create a supply chain where everything could be traceable form the very beginning. It involves no s...
Post a Comment
Read more

Diversify

Diversifying your portfolio is the best way to sustain in the market. When one goes down, other tops. But make sure that everything you invested was invested based on your knowledge.
Post a Comment
Read more

Compounding

Small everyday improvement leads to a large improvement. The compound effect is real and must be experienced. It is like witnessing our own growth for near as far. There is nothing to wonder that it is the eighth wonder.
Post a Comment
Read more