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Just my thoughts #0669

Virtualization is practically an extension of reality and, financially, a different way of representing ownership. Ultimately, reality exists in our perception, which we experience and verify. Our senses serve as tools that transfer information from the external world into our brains, where this data is then reconstructed in our perception. The reason we dismiss digital currencies is that we see virtual things as “non-existent.” However, if you think about it, the state of existence varies depending on whether it is virtual or physical, and all information processing takes place within our perception, only providing feedback to reality. In perception, the difference between virtual and real is meaningless. - Joseph’s “just my thoughts”

Just my thoughts #0030

Questions. Who is the biggest threat to GM? 1. Hyundai Motor 2. Tesla 3. Google 4. Consumer Well, how about this? 1. Which gasoline car should I buy? (Competitor: Hyundai Motor) 2. Should I buy an electric car or a gasoline car? (Competitor: Tesla) 3. Should I buy an autonomous car? (Competitor: Google Waymo) 4. Should I buy a car? (Destroyer: Consumer) In this context, the biggest threat to GM is a shared car service company like Uber. Innovative technologies trigger market change, but business models are ultimately the most creative and disruptive. Innovative technology comes next. The biggest causes of business problems are business models first, and the second is business models too. In other words, the key to success is the same. The original business model has to change and evolve. - Joseph's "just my thoughts"