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The Dude abides. The Dude, from The Big Lebowski We’ve seen it over and over again. A new product is entering the market, and everyone who helped bring it to life believes it will revolutionize the industry. And, with respect to its Value (i.e., its sustainable price based on its features), they often do. The […]
Research is to see what everybody else has seen, and to think what nobody else has thought. Albert Szent-Gyorgyi Ten years ago, a Chinese national was convicted of stealing sensitive data from Lockheed Martin—data that contributed to the development of the Chengdu J-20 stealth fighter. Today, reports suggest China is aggressively acquiring U.S. AI capabilities. […]
Yet I exist in the hope that these memoirs… may find their way to the minds of humanity in Some Dimension and may stir up a race of rebels who shall refuse to be confined to limited Dimensionality. Edwin Abbott Abbott (Author of Flatland) Most analyses fail for a simple reason: They’re too shallow. They […]
Man is a tool-using animal. Without tools, he is nothing; with tools, he is all. Thomas Carlyle The theory of probability is the only mathematical tool available to help map the unknown and the uncontrollable. Benoît Mandelbrot Prospective clients often ask me, “Why should I use Hypernomics?” I say that Hypernomics helps you see your […]
Professor Marvel never guesses; he knows! Professor Marvel (aka The Wizard, from The Wizard of Oz) Imagine you are a modern-day Dorothy going off to quiz the Wiz. His side gig as a Professor is no secret to you. You’ve been told of the Law of Supply and Demand, maybe second-hand from him. You want […]
Always deliver more than expected. Larry Page, Former CEO of Google Have you ever wondered how Elon Musk managed to become the wealthiest person in the world? I know I did. In the space industry, we knew that by selling SpaceX launch platforms for less than their projected Value, Musk drove SpaceX revenue higher. How […]
ChatGPT is scary good. We are not far from dangerously strong AI Elon Musk, X, 12/3/2022 A Google search is good, but a pointed question to ChatGPT is better. I asked it, “Why should a company or government agency use Hypernomics?” and it wrote: Hypernomics, a powerful analytical approach leveraging hyperdimensional economics, offers companies and […]
If you are out to describe the truth, leave elegance to the tailor. (On being reproached that his gravitation formula was longer and more cumbersome than Newton’s.) Albert Einstein So, I’ve combed through all the big sellers used as economics textbooks and discovered that they all agree that we should portray Demand the way they […]
The new scientific truth does not triumph by convincing its opponents and making them see the light, but rather because its opponents eventually die, and a new generation grows up that is familiar with it. Max Planck Kurt Vonnegut called him “my hero.” His birth house is now a museum named for him. Many wrote […]
Hit ‘em where they ain’t. Wee Willie Keeler You may not have heard of Wee Willie Keeler, but he changed baseball. With over 63 at-bats between each strikeout over his career, he could bunt any ball pitched to him. Because of him, baseball stopped allowing unlimited bunt fowls and made one with two strikes a […]