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After car sales, real estate sales are the best example of a business model that should have been changed by the Internet and hasn't. Houses for sale need to reach a wide audience and sales should be easy to complete. Obviously the agents don't ewant to lose their commissions and fears of the legal complexities cause most people not to try the process themselves. When a critical mass is achieved (perhaps standardized forms and processes), I predict there will be a rapid migration to internet based sales.

Rookie

Absolutely!  Thanks very much, Brian and Caleb!  This was a very useful and interesting series.  I hope we get to see/hear more. 

Rookie

Thanks Brian and Caleb for the interesting week.

Rookie

virtualization is important to me. I use some trusty software tools that run on DOS. The Virtual WinXP saved me for a few more years.

Rookie

slide 6, my first computer, TRS80 Model 1

Rookie

hello all from Edmonton, Alberta. Near perfect record of being late this week.

Rookie

If there are no more questions, then let my vacation begin!!

Blogger

That is an example of a new business model emerging from a new technology. It did not really replace anything that existed before. It did impact the way in whhich advertising dollars were spent, and so I guess you may be right, bbut there was no specialization phase there, it replaced the way something had been done in the past.

 

Blogger

 

For much of its early life, Google had no business model to speak of.  Google was once a maddeningly unprofitable company, fumbling left and right for a stable revenue source. After making marginally profitable forays into selling search appliances to businesses and its own search technology to other search engines, Google radically changed course.

the company launched its AdWords program which allowed businesses to advertise to people searching for things on Google.com. Almost overnight, Google took the leap from popular search tool to advertising juggernaut

Rookie

Great class thanks

Rookie

Some of youay want to look up "Holonics".

For Independent AI type decision making modulse/programs/machines

Rookie

Terrific.  Thanks again!

Rookie

they will be asked to log in, so be sure to let them know that it is FREE

Blogger

The concepts and scenarios are clear. a window to new paradigms.
Thank you. Samir

Rookie

the archive appears right here on this page

Blogger

Should be archived shortly on the same page yoou connected today.

Blogger

Great class!  I would like to have a few colleagues listen to today's session.  Will it be archived for later listening?  If so, where?  Thank you!

 

Rookie

Great Love the history part

Thank you and have a good weekend

Theo

Rookie

Thanks Brian.  Have a great vacation!

 

Rookie

Can any of you see the parralels in the ABB story happening inside of your own companies?

Blogger

great sessions.... thanks brian

Rookie

Thank You Brian, great presentation

Rookie

Thanks Brian and Caleb.  This was a very interesting class.

Rookie

email is brian_bailey@acm.org

Blogger

Thanks Brian for your informative sessions

Rookie

Good lecture series, keep up the good work.

Rookie

whats your email bryan??

Rookie

We repair/replace Industrial and Military electronic systems.  So, we come across a mixture of standards with flavors of customization.  So, we have to be able to adapt and possibly apply current standards to old obsolete systems.  Which can make us take place of the role of an OEM.

Rookie

In general, value add is "last 2 - 10%" of a customer's process - std. blocks get you 90-98 % of the way but often that's not enough

Rookie

Computer buses are a good example of standards that have enabled specialization;
i.e. start with a standard bus (PCIe) and then add the special card that you need.

Rookie

Cell phones are going this way. Pick your OS and customize your devices via Apps.

Rookie

Chip test industry seemed to have went through the similar pocess uisng JTAG (IEEE1149.1 and others)

Rookie

Rockwell's controllers are industrial computer systems and are radiation hardened..memory is self-correcting etc.

Rookie

just about the entire networking sector has worked this way.  SaaS depends on this paradigm as well.

Rookie

I think the auto industry does this a bit with shared frames and shared drive trains

Blogger

to the chatters: Can you think of other examples where specialization has become possible because of standardization. Please share any thought you may have in the chat window.

Blogger

that's before my time

 

Blogger

Hello from Milwaukee!

Rookie

cellular data is a big one as well I think. 

Blogger

education delivery is being resisted by current suppliers

To the chatters: Are there other examples that you can think of where business models should have been changed by the Internet that haven't? Please share any that you can think of.

Blogger

the cabel tv business is a prime example

Rookie

Audio is up!  Last day!!

Rookie

Good morning from Rockwell Automation in lovely Mayfield hts. Ohio.

Rookie

looking forward to the case study.

 

Rookie

hello from DFW.  As to the question, the course has been a good high-level framing of concepts and issues.  Now I'd like to get more in depth in the material.  Good job in a tough format - I used to do this and your 30 min time allocation makes it very difficult.

 

Rookie

@theokowd-Remember, all classes are archived for on demand listening!

Rookie

Good Morning from Doral, FL

Rookie

Shure have since I got the audio working. I missed a couple of classes though

Keep up the great work

Theo

Rookie

Good morning from Calgary, AB

The class has been informative - I have learned a few new things.

Rookie

Hello from Binghamton, NY

This class has been interesting.  The only complaint is with the audio dropping out and needing to be restarted.

Rookie

Have you been enjoying the class so far? Feedback always appreciated - even if it is bad.

Blogger

Good day everyone and greetings from Toronto

Theo Kowdrysh looking forward

Rookie

Also, be sure to click 'Today's Slide Deck' under Special Educational Materials above right to download the PowerPoint for today's session.

Blogger

Hello everyone!

The streaming audio player will appear on this web page when the show starts at 12:00 pm  Eastern today. Note however that some companies block live audio streams. If when the show starts you don't hear any audio, try refreshing your browser. We've heard Firefox and Chrome are working best. 

Blogger

Very nice. I will be traveling a little further - off to England.

 

Blogger

Brian, me too!!  Headine to Maine!

Rookie

After today's class - I am on vacation!

Blogger

Happy Friday from Sunny Boston!

Rookie

Good Morning, everyone

Rookie

We actually had a little bit of rain overnight. First rain for weeks!

Blogger

Good evening from Sofia, Bg

Rookie

Good morning from Panama City, FL.

Rookie

Hello from Pittsburgh, Pa

Rookie

Good Morning from Tennessee

Rookie

Hello from Michigan

Rookie


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