10 Feb 2025 Nip Impressions--Innovation Optimism
"The Danger of Innovation Optimism," cautions
against the pitfalls of overly optimistic views on new ideas. He argues that
initial enthusiasm often overlooks practical challenges and unforeseen costs,
leading to wasted resources. Thompson uses a personal anecdote about a
seemingly successful, yet ultimately wasteful, in-house innovation—an
"underground railroad" system for a paper mill—to illustrate his
point. The story highlights how even well-intentioned innovations can fail to
deliver promised efficiencies and may even necessitate costly dismantling later
on. The essay ultimately advocates for a more measured and realistic approach
to innovation, emphasizing careful consideration of details and potential
problems.