Schumpeterian

We are in a period of concentric waves of novelty in its most pure form. If you search for the root of novelty, you can increasingly see the drumbeat, the effects. The challenge becomes that each disruption unleashes a chain reaction of complimentary disruptions. The other thing is that a human lens cannot predict the exact moment of novelty. This... is essentially the Higgs-Boson particle of philosophy. It is clearly a good thing: stewardship of this knowledge is something that is beyond the human condition today. But, like Higgs-Boson, we can study this through inference, and it is through inference that we can start to identify the mathematical implications of strange attraction. Essentially innovation results in the opposite effect of entropy; when an innovation occurs, the amount of output from the exchange of energy creates a slightly positive byproduct that becomes amplified through a network effect. While we cannot identify the source of novelty, we can increase strange attraction, which occurs through dissemination of novelty, the chain reaction I was referring to earlier. Fortunately, innovations like the internet come with a system for rapid dissemination. The problems we are experiencing today are a result of a mismatch between potential and kinetic energy. Society has essentially been stalled by corruption, and it has profound impact on the world. The last 100 years of management science have been a continuous disproving by academia of greed-motivated theories. Realizing the profound impact of Schumpeter we find the fundamental truth of disequilibrium/equilibrium=innovation. As Schumpeter observed, scarcity is key to understanding the source of novelty, but there had to be something beyond, and considering the impact of scarcity, the weakness in the circle of life. I submit to you the impetus within the human condition that pushes us from stasis into the moment of creation is love. (While I play off the hyperbole, please consider 'love' or other emotions in this example could simply be how we ...Read More