“While tracking trends can be a useful tool in dealing with the unpredictable future, market research can be more of a problem than a help. Research does best at measuring the past. New ideas and concepts are almost impossible to measure. No one has a frame of reference. People don’t know what they will do until they face an actual decision.
The classic example is the research conducted before Xerox introduced the plain-paper copier. What came back was the conclusion that no one would pay five cents for a plain-paper copy when they could get a Thermofax copy for a cent and a half. Xerox ignored the research, and the rest is history.”
― The 22 Immutable Laws of Marketing: Violate Them at Your Own Risk
The classic example is the research conducted before Xerox introduced the plain-paper copier. What came back was the conclusion that no one would pay five cents for a plain-paper copy when they could get a Thermofax copy for a cent and a half. Xerox ignored the research, and the rest is history.”
― The 22 Immutable Laws of Marketing: Violate Them at Your Own Risk
“A perception that exists in the mind is often interpreted as a universal truth.”
― The 22 Immutable Laws of Marketing: Violate Them at Your Own Risk
― The 22 Immutable Laws of Marketing: Violate Them at Your Own Risk
“It’s a phenomenon known to psychologists as social proof. Whenever we haven’t got enough information to make decisions for ourselves, we have a habit of copying the behaviour of those around us.”
― Hello World: How to be Human in the Age of the Machine
― Hello World: How to be Human in the Age of the Machine
“The world cannot be understood without numbers. But the world cannot be understood with numbers alone.”
― Factfulness: Ten Reasons We're Wrong About the World—and Why Things Are Better Than You Think
― Factfulness: Ten Reasons We're Wrong About the World—and Why Things Are Better Than You Think
“using algorithms as a mirror to reflect the real world isn’t always helpful, especially when the mirror is reflecting a present reality that only exists because of centuries of bias.”
― Hello World: How to be Human in the Age of the Machine
― Hello World: How to be Human in the Age of the Machine
Luka’s 2025 Year in Books
Take a look at Luka’s Year in Books, including some fun facts about their reading.
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