In a recent post by Bruce Nussbaum, he proclaims that innovation is the one to blame for the recent over 500 point drop in the Dow Jones. Apparantly hundreds of products that solved complex mathematical models for finances were sold without being tested first. By means of creating a innovative way to improve the economy, there lied a flaw in the innovation. This flaw in innovation could be a major reason of the steep point drop in the stock market.
Article Link: http://www.businessweek.com/innovate/nussbaumondesign/
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