Winning the Hardware Software Game Winning the Hardware-Software Game - 2nd Edition

Using Game Theory to Optimize the Pace of New Technology Adoption
  • How do you encourage speedier adoption of your product or service?
  • How do you increase the value your product or service creates for your customers?
  • How do you extract more of the value created by your product or service for yourself?

Read more...

Latest Comments

  • Anonymous said More
    Well written. Well constructed. Tuesday, 13 August 2019
  • Ron Giuntini said More
    As always a good read.
    I have always... Thursday, 25 January 2018

Insights Blog

It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way…

— Charles Dickens (1859), A Tale of Two Cities

What Charles Dickens wrote 150 years ago before and during the French Revolution rings eerily familiar today. The upper classes in the US today have never had it better: health, comfort, and convenience like no other time in history. Yet, at the other end of society lies a rising tide of homelessness, addiction, and mental illness.

What contributes to peoples’ health and well-being, and why are we simultaneously experiencing such highs and lows in society today?

Technology

Technology has enabled people to amass wealth like never before. Advances in communication and transportation technologies in particular have given us access to whole new markets that have rained untold wealth on those who have been able to master them.

Yet, technological avenues to amassing wealth require access to resources, information, and expertise that are not accessible to many people in today’s society.

There’s more. Technology is a tool. It can be used either to the benefit or to the detriment of select individuals and, more broadly, of society as a whole. Plenty of technologies have been developed and used to increase social well-being overall. These are positive-sum uses of technology, and they should be applauded. Unfortunately, plenty of other technologies have been developed and used to promote the well-being of some, but at the greater expense of others, leading to losses in social well-being overall. There are zero-sum or negative-sum uses of technology.

Write comment (0 Comments)

More Blogs

Hurdles to Mainstream Adoption of Medical Cannabis

21-09-2019 - Hits:16 - Ruth Fisher - avatar Ruth Fisher

Based on the incentives facing different players in the US medical cannabis market, I believe the market will not achieve mainstream adoption unless or until the US overcomes several hurdles: (i) the classification of cannabis as a Schedule I drug, (ii) cannabis’s lack of FDA approval, (iii) the lack of...

Read more

Attracting Mainstream Consumers to Medical Cannabis

19-09-2019 - Hits:28 - Ruth Fisher - avatar Ruth Fisher

The US medical cannabis market is currently in its early stages of adoption: the market has gained some penetration, but not enough to warrant adoption by the early majority, that is, more mainstream users. My book, Winning the Hardware-Software Game, describes the technology adoption lifecycle in detail. A brief summary...

Read more

Being Healthy Shouldn’t Be This Hard

31-08-2019 - Hits:199 - Ruth Fisher - avatar Ruth Fisher

In 2018, Americans spent $3.67 Trillion on healthcare, amounting to 19.5% of GDP, up from 5.2% of GDP in 1960. It might not be such a bitter pill if Americans were becoming correspondingly healthier over time. But we’re not. Everyone knows that despite our hefty increases in spending over the...

Read more

Intangibles and Context Will Increasingly Differentiate Winners from Losers

30-08-2019 - Hits:74 - Ruth Fisher - avatar Ruth Fisher

  You’re hungry and ready to eat. What’s for lunch? What you choose to eat depends on your environment, that is, the context in which your desire to eat occurs: Where you are, what’s available nearby, what you like to eat, how much money you have, how hungry you are, and so...

Read more

Theory vs. Reality

15-08-2019 - Hits:157 - Ruth Fisher - avatar Ruth Fisher

What’s the difference between theory and reality? In theory, nothing… Unfortunately, in the real world, what start out as great ideas in theory often end up being implemented in ways that lead to not-so-great outcomes in practice. I remember sitting in a grad school class, The Economics of Regulation, when I was introduced...

Read more

Best Practices in Medicine Should Rely on Providers' Knowledge, Skills and Exper…

13-08-2019 - Hits:164 - Ruth Fisher - avatar Ruth Fisher

In 2005, a physician-scientist research pioneer, John Ioannides, published what has come to be a widely circulated paper, “Why Most Published Research Findings Are False.” The replication crisis we’re having in science embodies the concern voiced by Mr. Ioannides. Yet, despite much evidence that so many studies are not valid...

Read more

Actions without Consequences Are Causing Our Healthcare Crisis

02-07-2019 - Hits:399 - Ruth Fisher - avatar Ruth Fisher

Actions Have Consequences I often turned to my father for advice. I would ask him, “What’s the right decision to make?” And he would invariably reply, “There’s no right or wrong. There are only consequences.” By taking the morality out of the equation, my father forced me to focus not on the...

Read more

Cash-Based Models for Healthcare

16-06-2019 - Hits:524 - Ruth Fisher - avatar Ruth Fisher

The configuration of our current healthcare system is a product of its history: It has evolved into its current form as a consequence of two primary sets of factors. First, the healthcare system has evolved into its current form due to historical laws and regulations that have generally catered to...

Read more