Arsifa Deliyana

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Week 2 Technopreneurship

DecoLens

DecoLens (Decoding Lens) is an eye-assistant that translates human gesture and expression into description. This lens apply algorithms to create artificial intelligence in decoding visual images into text in real time. It helps someone knowing the psychological condition of interlocutors and people around. This AI lens supports the development of business, education and social field. For example, marketing sales are helped by this DecoLens to find best product for their consumer. They are able to know the customer preferences, state of emotional and interest.

Biography Review

Joseph Alois Schumpeter (1883 – 1950) was an Austrian-born American economist and political scientist. He briefly served as Finance Minister of Austria in 1919. In 1932 he became a professor at Harvard University where he remained until the end of his career. One of the most influential economists of the 20th century, Schumpeter popularized the term “creative destruction” in economics.

Peter Drucker (1909 – 2005) – the entrepreneur is someone who actually searches for change, responds to it, and exploit change as an opportunity. He was an Austrian-born American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation. He was also a leader in the development of management education, he invented the concept known as management by objectives and self-control, and he has been described as “the founder of modern management”.

References:

 

  • Liberty Fund, Inc. (2007-10-08). “Joseph Alois Schumpeter: Biography”. Econlib.org. Retrieved 2010-09-21.
  • Stone, Brad; Vance, Ashlee (January 25, 2009). “$200 Laptops Break a Business Model”. New York Times. Retrieved 2010-09-21. Indeed, Silicon Valley may be one of the few places where businesses are still aware of the ideas of Joseph Schumpeter, an economist from Austria who wrote about business cycles during the first half of the last century. He said the lifeblood of capitalism was ‘creative destruction.’ Companies rising and falling would unleash innovation and in the end make the economy stronger.
  • Drucker, Peter F. “Reflections of a Social Ecologist,” Society, May/June 1992.
  • Denning, Steve (August 29, 2014). “The Best Of Peter Drucker”. Forbes

 

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