Is Online Shopping AR’s Killer App?

I am one of those people who celebrates the future. I absolutely love the possibilities of technology and technological change. At the same time, I can’t let go of the past. I use fountain pens to take notes in a paper notebook that is wrapped in a leather cover. But generally, I am biased toward the possibilities of new technologies — and not just information technology.

This week, I came across the Nike Fit, which seems like such a smart use of a much-hyped technology: augmented reality. Nike Fit allows you to point your phone at your feet and get the most accurate measurement. The size data that is collected enables you to find the right match for your foot from Nike’s mind-boggling array of shoe choices. Continue reading “Is Online Shopping AR’s Killer App?”

[Quoted] Nike cofounder Phil Knight

You can’t be afraid of offending people. You can’t try and go down the middle of the road. You have to take a stand on something. – Phil Knight, founder, Nike

Stanford’s Graduate School of Business recently hosted a conversation with Nike co-founder Phil Knight and later published excerpts from that conversation. They are worth a read. Sadly, I couldn’t find the original talk anywhere on the GSB, unfortunately.

Read article on Stanford Graduate School of Business

7 Stories to Read This Weekend

Happy 2016! Let’s get the new year started with seven interesting and informative articles that I think are worth reading this weekend.

  • “The Best Facts I Learned From Books in 2015.” You read books, you learn from books. It is as simple as that. The New Yorker‘s Kathryn Schulz reads a lot and came up with a list of 10 things she learned from books, including the random fact that in 2013, forty percent of Detroit’s street lights didn’t work.
  • “Parking the Big Money.” The New York Review takes a look at the book The Hidden Wealth of Nations and the film The Price We Pay to figure out how the rich (and big companies) get to keep their tax dollars and get richer and how working-class Janes and Joes keep footing the tax bill.
  • “The Inside Story of Shell’s Arctic Assault.” A long and fantastic investigation by Audubon magazine into oil giant Shell’s incessant lobbying and other efforts to pressure the Department of the Interior to give it everything as it made a push into the Arctic looking for oil.
  • “The Power of a Dollar.” Jacobin magazine believes that microcredit is a way for financial elites to exploit the poor. I don’t necessarily agree but still think it is worth a read.
  • “Here’s Why Weight Watchers Is Struggling to Thrive Online.” BuzzFeed investigates and comes up with a rather astute assessment of the situation. Its problems are typical of all predigital companies, which don’t understand that the post-smartphone online world is very different.
  • “2016 Is an Easy Year to Predict.” What can looking back at 2015 tell us about 2016? This story from The Automatic Earth is a sobering reality check on financial markets and the economics of an increasingly polarized world, full of deflation.
  • “Sneaker Wars: Inside the Battle Between Nike and Adidas.” It is a shame that none of the business magazines picked up on this bruising battle. I love the new variations of Stan Smith kicks from Adidas, especially the ones created by Raf Simmons. This is a great piece by Matthew Shaer in GQ

Here are a few things I wrote this week, in case you missed those:

Have a great weekend, everyone!