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Showing posts from October, 2021

Skepticism

Before it was named science, this branch of rational debates on natural phenomena was a part of philosophical discourses. However, the biggest differentiator was the approach. Scientific truths were to remain objective and under scrutiny forever when one phenomenon that contradicts a hypothesis is enough to bury it. This explains that scepticism is the central facet of scientific thinking. Today, the nature and physics of systems have gone too complex for the truth to be objectively identified. We gamble on the empirical formulation of reality and quantify its error. Also, specialisation has made science disciplines wander so far off that a singular authority is hard to conceive. This has ushered into an era where unscientific theories conspire to challenge established truths. This problem is pressing since it seeks to undermine centuries of human intelligence. Today, when information is abundant, the means of verification are limited and sources of authority in multitude, what could b

Behind the Gig economy.

The battle between push and pull is familiar to supply chains. For ages now, industries have produced goods they thought were relevant for the customer and then used networks of distributors and retailers to push these to the consumers. The apparent outcome of this is the massive scale of advertising that uses tactics to lure a customer base for the product.  The shift to a pull-based supply chain seems more rational. One is where the production takes in the customer's demand before the show. Not only does that minimize the risk of product failure, but it also captures the market sentiment with greater accuracy. In other words, it caters to an existing demand rather than creating one for itself. This process is lean and profitable, except for a shortcoming; Production takes time. During the early 90s, when the internet spread like wildfire, people almost immediately expected the internet business to take off. However, it was only after a decade and a massive dot com bubble that tod