article thumbnail

Adapt or die: lessons from 5 companies that failed to innovate

Idea Drop

They filed for bankruptcy in 2012. However, when they were told by an advertising company that their greatest threats were online retailers, downloadable music and supermarkets selling discounted products, they refused to believe it. Lesson: If you don’t do it, someone else will.

Company 68
article thumbnail

Artificial creativity (A.C.): Can a computer be creative? It’s scarily close

Idea to Value

in 2012, Google created a neural network of 16,000 computers and fed it random image thumbnails from Youtube. This is due to the distinct difference between creativity (the generation of new and valuable ideas) and craft (turning those ideas into something tangible). Big Data will eventually enable all of this, or at least enhance it.

article thumbnail

We Don’t Research. We Build.

Boxes and Arrows

The idea was basically to turn commercial spaces into the comments thread below any HuffPo story (granted, a way to place more advertising in front of people). He said it took resources away from selling and coding, and he thought that testing with users could leak the idea to competitors. million in seed funding in early 2012.).