Philipp Hoffmann
Philipp Hoffmann

Google & Microsoft have had huge teams working on AI for a decade or more

⚡ "Google & Microsoft have had huge teams working on AI for a decade or more with essentially unlimited resources.Yet they have delivered… no major breakthroughs.Meanwhile, two startups—OpenAI & Midjourney—created products so mind-bending that it feels like the beginning of a new era.It’s proof that innovation doesn’t correlate with resources. If anything, it’s an inverse relationship." (- https://lnkd.in/exXQCHzp)That's why we're trying to operate as resource-constricted as possible when doing

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Philipp Hoffmann
Philipp Hoffmann

Microsoft has released Co-Pilot for Excel

⚡ Microsoft has released Co-Pilot for Excel. Now they have officially caught up with Google in the AI race.--Intrapreneur? Apply for DOJO 🥋https://www.reruption.com/#innovation #futurepositive #creativity #culture #mindset #entrepreneurship #future #management #strategy #startups #technology

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Philipp Hoffmann
Philipp Hoffmann

Instagram is dead, because it will be impossible to tell which picture is real and which isn't

⚡ Instagram is dead, because it will be impossible to tell which picture is real and which isn'tIn the next 5 years every image on social media will be generated by an AI.Using only two original pictures of yourself you will be able to create any picture of yourself in any setting.The below one was created using the prompt "Obama wearing a tall black hat and sunglasses."See the full thread on Twitter for more in-depth explanations: https://lnkd.in/ejuVSRTx--Intrapreneur? Apply for DOJO 🥋https:/

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Philipp Hoffmann
Philipp Hoffmann

The last 3 years I built two corporate startups in parallel.

⚡ The last 3 years I built two corporate startups in parallel. Both were killed. The surprising learning?Short excursion: all innovators across all levels in corporates I talk to mention as the main challenge in innovation: culture.Changing the culture of a huge company is not easy, sometimes maybe even impossible. And: if change occurs, it happens so slowly that it's barely noticeable when you're in thick of it.It takes years and years: time many companies simply don't have. Sometimes the marke

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Philipp Hoffmann
Philipp Hoffmann

Tesla wants to build and sell 20 million cars in 2030, that's 30% of the global car market.

⚡ Tesla wants to build and sell 20 million cars in 2030, that's 30% of the global car market. 𝘈𝘙𝘌 𝘛𝘏𝘌𝘠 𝘚𝘛𝘜𝘗𝘐𝘋?Let's draw some calculations, assumptions and analogies to find out if that feasible at all:𝟭) 𝗠𝗮𝗿𝗸𝗲𝘁 𝗴𝗿𝗼𝘄𝘁𝗵First of all the global automotive sales market is expected to grow by around 40% to 84 million sold vehicles. So of that, Tesla would need to take only 23% (maybe less, if we assume that vehicles will get cheaper on average). Still a significant number.𝟮

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Philipp Hoffmann
Philipp Hoffmann

This image was just sold for 1.5 million euros

⚡ This image was just sold for 1.5 million euros. But there's a twist.It's an NFT and the sale was completed in Ethereum. The buyer bought the image of a key for 1.000 Ethereum.The twist? Nobody even knows yet what the key is for.Crypto is ridiculous sometimes. Would you agree?--Intrapreneur? Apply for DOJO 🥋https://www.reruption.com/#innovation #futurepositive #creativity #entrepreneurship #future #management #strategy #startups #technology

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Philipp Hoffmann
Philipp Hoffmann

Nokia has rebranded for the first time in 60 years.

⚡ Nokia has rebranded for the first time in 60 years.Any thoughts? Third mid life crisis or something big coming up under that new brand?--Intrapreneur? Apply for DOJO 🥋https://www.reruption.com/#innovation #futurepositive #creativity #entrepreneurship #future #management #strategy #startups #technology

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Philipp Hoffmann
Philipp Hoffmann

I never wanted to do sales, but now I love it

⚡ I never wanted to do sales, but now I love it. Why? Because I don't see it as such.In my first company, which I started at age 18, I was the designer.Then I acquired a startup (Coffee Circle) from Berlin as a client by going to some university event and talking to the founder. I wrote it off as a luck.Next, I got recommended to the guys at Treatwell to build their website and booking platform.After university I was hired as a project manager at AMERIA AG. Soon, I did account management too (fo

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Philipp Hoffmann
Philipp Hoffmann

The dark side of innovation: how progress is hurting our mental health

⚡ The dark side of innovation: how progress is hurting our mental health.This trend looks pretty sad: mental health among young people, especially girls, tends to get way worse in the last years.Below article discusses a possible link between smartphone usage and this trend.All innovation has side effects. These are never immediately clear when putting innovation into the world.The "German" way to react to incalculable future risk of innovation is to research, weigh pro's and con's and approach

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Philipp Hoffmann
Philipp Hoffmann

Ever wondered about those weird labels?

⚡ Ever wondered about those weird labels? There's an entrepreneurship lesson in there:The founders were entering their recipe into a contest about a 100 years ago.One worked on the actual drink, the other designed the label.At the day of the contest they realized that the label was too big for the bottle.Due to a lack of time they slapped it on anyway.They lost the contest, but one of the judges told them to keep the product design because it made their product stand out.The lessons?𝟭. 𝗠𝗩𝗣 >

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Philipp Hoffmann
Philipp Hoffmann

Capitalism creates wealth

Capitalism creates wealth.In our rather left-leaning society that’s not the hippest thing to say, but I’ll say it: I’m a capitalist;but: there need to be rules to protect the less fortunate and most vulnerable.Let’s create a fantastic future together.Source: https://lnkd.in/enq4edcy--Intrapreneur? Apply for DOJO 🥋https://www.reruption.com/#innovation #futurepositivity #creativity #entrepreneurship #future #management #strategy #startups #technology

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Philipp Hoffmann
Philipp Hoffmann

The first step in innovation is: PAIN

The first step in innovation is: PAIN.You have to recognize and solve the pain of your customers. Only when doing this it can lead to the best product in the market.Which pain are you working to solve?--Intrapreneur? Apply for DOJO 🥋https://www.reruption.com/#innovation #futurepositive #creativity #entrepreneurship #future #management #strategy #startups #technology

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Philipp Hoffmann
Philipp Hoffmann

I don’t make money to keep it.

I don’t make money to keep it.My life goal is to build a place or institution that teaches young humans creativity, courage and entrepreneurship.I was fortunate enough to have learned these things from my parents and grand-parents, some good teachers and most of all:being at the right place at the right time: the late 90s, early 2000s when the internet started exploding and I got access to so much knowledge and communities I could never have dreamed of - all from my desk in a small village near

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Philipp Hoffmann
Philipp Hoffmann

Start a business on chatGPT?

Start a business on chatGPT? 4 reasons why I won't do it.𝗥𝗮𝗰𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗯𝗼𝘁𝘁𝗼𝗺 Assume you’re doing a translation business that has chatGPT running in the background. Then all your competitors start using it. Everybody has the same cost structure. No one has a USP. Price becomes the differentiator. And there you have a it: a race to the bottom regarding prices and margins. No one wins.𝗡𝗼 𝗼𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 The main value driver is the Large Language Model, the “Artificial Intelligen

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Philipp Hoffmann
Philipp Hoffmann

I just came across this graph in todays The Pioneer newsletter

I just came across this graph in todays The Pioneer newsletter: do you see the obvious mistake in this comparison?Yes: gas can be burned only once compared to a battery that provides "range" over and over again.What they should have done: somehow include the range driven into the water consumption.E.g.:- a battery that drives 200.000km takes 500l of water to be produced = 0.0025l / km driven- a gas car uses 80l of gas for 600km. Producing this gas costs 240l of water. 240l / 600km = 0,4l / km dr

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Philipp Hoffmann
Philipp Hoffmann

The only 3 things to get innovation right?

The only 3 things to get innovation right?🤼 PeopleTo do something new you need people who are able and willing to think outside the box.Call them entrepreneurs or innovators or whatever - but they need to have that skill of not letting dogmatic thinking get in their way.If you're able to hire them you're already one third of the way there. But this is incredibly hard.🔥 FreedomRemember, you just hired people who are able and willing to think freely.Now make sure to give them an environment in w

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Philipp Hoffmann
Philipp Hoffmann

An aging, shrinking society doesn't necessarliy mean economic downturn!

⚡ An aging, shrinking society doesn't necessarliy mean economic downturn!There will be a limit of around 10 billion people on earth. Then, most societies are developed so far that birth rates will go down.Humanity as a whole will shrink.But that doesn't mean economic downturn: this article describes in length how aging societies can support themselves in a sustainable, humane way.For example in Pescueza, a village in Spain, where the elderly live and work (Yes, work!) together in a type of commu

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Philipp Hoffmann
Philipp Hoffmann

As humans, we are successful because we are so effective at collaboration

⚡ As humans, we are successful because we are so effective at collaboration and being friendly towards each other. Sounds counter-intuitive? That's my personal biggest takeaway from "Humankind - a hopeful history" (German: "Im Grunde gut") by Rutger Bregman. In fact, Homo Sapiens even outperformed Homo Neanderthals even though they had a bigger brain. The book reviews a lot of psychological science, history and narratives to prove in detail why being "good" is an evolutionary advantage. It's complete.

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