Tag: Japan

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Japan’s Galapagos Syndrome

There’s been a constant stream of news recently related to artificial intelligence. The future is likely to be one in which robots play active roles in society—perhaps even relegating humans to insignificance. To prevent this from happening, it will be necessary for education to nurture creativity and imagination. At present, the approach used in exams in Japan typically resembles the equation “7+3=?” from which the answer can be derived . . . . In other countries, it’s more common in examinations to see questions such as “__ x __ = 24” that make students consider several possible answers. The difference

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In an Era of Change, Innovation can also change the rules of society

Have you ever given thought to why rules exist? Some may be of the opinion that rules are there for those who don’t think. Of course, without some constraints, society would collapse in disorder. But, nevertheless, people who put their minds to work in the pursuit of innovation in some cases manage to change the rules completely. In the background are the passions and visions of those moved by a desire to create business models that will change the world. Thus changing the rules may also result in the creation of new values. Take the example of America’s Uber Technologies

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3 Common Trends in the IT Business

Having recently attended various international conferences and meetings, I’ve observed three worldwide trends. The first of these is the dissemination of “wearable devices” which, as the term implies, are worn directly on the person. On April 24, sales of the Apple Watch were launched in the US and Japan. Worldwide attention is now being focused on what impact the watch’s maker—multinational Apple Inc.—will have on the world of the future via such devices. As compact as it is, the Apple Watch incorporates nearly the same processing power as did a supercomputer of 15 years ago. So, given the intensifying competition

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Fixated Concepts Stymie Development

The “three Ms” in business driving change in international business Thomas Friedman, a Pulitzer-prizewinning columnist for The New York Times, gave a presentation at the Davos conference in Switzerland in January about how the “three Ms” in business have changed.   The first M refers to market forces, with globalization and the terms hyper-connected and interdependent at the forefront. Hyper-connected refers to how, via the Internet, both good and bad data is transmitted around the world at blinding speeds. Data that can wreak damage on a company’s reputation is virtually unstoppable nowadays. Interdependent describes how everything is becoming mutually intertwined.

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What’s Behind Japan’s Profit Rebound? Unsexy Companies Like Toray Little Known Abroad, Companies in More Pedestrian Industries Boost Economy Again

Author: Eric Pfanner Originally posted: The Wall Street Journal TOKYO—Corporate Japan is posting record profits again. It has companies like Toray to thank, again. Toray isn’t a household name outside Japan. But unlike some such as Sony Corp. that are, Toray Industries Inc. is thriving, along with other companies in more-pedestrian industries that are helping lead Japan’s comeback from two decades of economic torpor. Toray helped Japan out of crisis once before: Amid the devastation after World War II, the textile maker was among the big exporters that revived the economy. Today, it exports carbon fiber for Boeing airliners, fabric

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