Monday, December 14, 2015

Comments on Noah's blog

I quite agree with Noah 's point of view that we now live in an age of information rather than intelligence. The world develops so rapidly that people are facing with more and more information. For example, with the purpose of boosting the economy, companies come up with numerous brands just for one product in order to compete with each other and earn the highest profit. In this situation, consumers who want to buy milk could face with Borden, Organic Valley, Horizon, etc. How could they figure out which brand is the best for them; if they find out that, for instance, Horizon, is the best one, which specific type of milk should they purchase when there are even more types of milk.

The above example is just one small thing that is needed to be considered in people's daily lives; the perfect way to face it is to try every single type of milk in every single brand and make records on the taste of each one. In this way, people could keep in mind that which one is more nutritional or tasty while doing the purchase. However, people deal with issues from their study, work and families. If they need to figure out each thing they face in the way as they buy the milk, life would be so difficult and time consuming. Therefore, what people need is information rather than intelligence.

I read an interesting story that a business man wants to sell his emerald during the traveling season. However, even the price is cheap enough, nobody intends to buy his emerald. He feels so disappointed that he decides to cut the price of his emerald by half and sells other products from then on. His employee makes a serious error that he looks at the price wrongly and thinks the business man wants to double the price. However, miracles happen and the emerald is sold out in one day. How could this be possible? This is due to the fact that people live in an age of information, not intelligence. Generally, not many people have great information about whether an emerald is good or bad, therefore, in order to save their time, they automatically connect the price of the emerald with its quality. Before the business man raises the price, people think the emerald is cheap. After the employee accidentally raises the price, people drops into a trap that high price means high quality.

No comments:

Post a Comment