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      "body": "The increasing proliferation of technology makes it difficult to anticipate trends and shifts in the market and culture in which the tech is used.  Large organizations often develop plans that would seem to have logical foundations and statisical reinforcment to suggest the plan is the right direction, however in many cases this line of thought has proven to be unfounded.  One example of this was the release of the Sega Saturn, which by all accounts was a great direction for the Sega company but the quickly shifting market and competitor actions resulted in the decision to create the Saturn becoming the decision that doomed Sega to fail as a corporation (Eres et al., 2014).\n\nAfter releasing its first console the SG-1000 in 1983 in direct competition with the Nintendo Entertainment System, Sega did not gain much market share until the release of the Sega Master System in 1985 (Eres et al., 2014).  After learning from the mistakes of the SG-1000 and the success of the Master System, Sega released the Genesis in 1988 in Japan but did not release it worldwide until 1990 (Eres et al., 2014).  As Sega had aimed the Genesis more at adults to refine its market share, the Genesis had a significantly more adult-oriented marketing strategy than the comptetitor's Super Nintendo (Eres et al., 2014).  1994 saw the video game industry generate over $10 billion in market revenue, Sega decided to refine its market strategy to focus specifically on \"Generation X\" in order to start mixing media to establish more referential dialogue between content produced on different mediums (Forster & Oppermann, 1996).  As the competition in the home gaming console arena ramped up, Sega decided to shift the company towards a CD-ROM based\ngaming system to increase the capacity for games to have better visual effects as well as the capacity to have games with more content available (Eres et al., 2014).\n\nWhile Sega's plan for releasing the Saturn would have looked good from within the company's perspective as well as based on previous market research and trend analysis, the timing of the release of the Sony Playstation as well as the the Nintendo 64 killed any potential for Sega to build momentum in Saturn sales (Eres et al., 2014).  As the Saturn was a sharp pivot for the company after the brief release and failure of the 32X, the timing of the Saturn release was put on a schedule that put it in direct competition with the $100 cheaper Playstation (Eres et al., 2014).  After Sega struggled to keep up with competitors, it had lost $267.9 million and gotten rid of 30% of its workforce by 1997 (Eres et al., 2014).\nAs Sega's problem had not been that the forecasting was wrong and moreso that the competitors simply brought a cheaper product that delivered the same quality to the user, they decided to shift their attention for what their forecasts anticipated to be the sixth generation of console wars that would be soon arriving (Eres et al., 2014).\n\nAs Sony had taken a risk on the Playstation by selling the console at a loss at $299 in order to gain market share to make profit on the games, Sega took into account the market reactions to console pricing, game availability, and quality of games produced to develop the strategy for their sixth-generation system (Eres et al., 2014).  They decided to take a calculated risk and release the Dreamcast, only to have Sony release the Playstation 2 a year later with DVD support and exclusive games that ultimately became the last foray for Sega in the console wars (Eres et al., 2014).  Ultimately, it was not poor planning or calculations that caused Sega's console failures as their plans were supported by statistics and market research at every turn.  It was the unpredictable factors that are always present that killed both the Saturn and the Dreamcast.\n\nReferences:\n\nEres, B., McMurrian, R., Matulich, E., & Budd, N. (2014). Sega Corporation: The dream and the plan to rise above. Journal of Business Cases and Applications, 11, 1. \n\nForster, W., & Oppermann, T. (1996). Sega game applications: Consoles, games and development possibilities. In The information superhighway and private households (pp. 183-194). Physica-Verlag HD.",
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      "body": "Flag\nIn examining discovery by serendipity, error, and exaptation, there are some clear similarities but the nuances are what create the differences.  Serendipity is when an unexpected situation yields beneficial outcomes or results.  In this context, many discoveries have happened due to circumstances that can be described as serendipitous.  One example of a serendipitous discovery would be that of the discovery of penicillin.  In 1928, Alexander Fleming was researching influenza, when one of his petri dishes became contaminated and started to grow a mold (Ban, 2006).  Fleming had noticed that even though the dish had been contaminated, the mold grew in a circle in which no bacteria was found (Ban, 2006).  After isolating the mold, Fleming had discovered it created a liquid that has beneficial effects against fighting bacteria that commonly infect humans (Ban, 2006).  It was this serendipitous discovery that ended with the ability to recreate the antibacterial effects that are now known to come from Penicillin (Ban, 2006).\n\n     In comparing a discovery by error to serendipity, the error would imply that an action or idea has been executed incorrectly with the result still being useful in some novel manner, where as serendipity does not necessitate a mistake.  One example of a discovery by error would be the invention of smart dust.  A graduate student at the University of California named Jamie Link was working on a silicon chip when it shattered (Orf, 2017).  As the shattered chip continued to transmit signals, the student and her professor were able to decode these signals in a manner that they realized could be functional (Orf, 2017).  It was this error that led to the creation of what is now known as “smart dust” or tiny particles that can transmit complex signals, operate as sensors, and self-assemble in specific formations (Orf, 2017).\n\n    Exaptation differs from these two types of discovery in that it occurs when an object or widget is taken from its original context and in a recontextualization a new innovation is discovered.  One of these innovations through exaptation is Bitcoin and blockchain technology.  While many assume Bitcoin was the first iteration of blockchain technology, it was not the first and was just a reapplication of previous innovation with modification (Back, 2002).  What was previously known as “Amortizable publicly auditable cost functions” became rebranded as “immutable public blockchains” (Back, 2002).  As many assumed the pseudonymous “Satoshi Nakamoto” invented blockchain technology, the invention of “a peer-to-peer electronic cash system” was really an innovation of exaptation from previously existing technologies such as HashCash (Nakamoto, 2008).  What was originally created to be a method of forming consensus between computer nodes eventually was reapplied to become the backbone of a global financial system.\n\n\n\n\n\nBack, A. (2002). Hashcash-amortizable publicly auditable cost-functions.\n\n\n\nBan T. A. (2006). The role of serendipity in drug discovery. Dialogues in clinical neuroscience, 8(3), 335–344. \n\n\n\nNakamoto, S. (2008). Bitcoin: A peer-to-peer electronic cash system (White Paper). Retrieved from (02-03-2017): https://bitcoin. org/bitcoin. pdf.\n\n\n\nOrf, D. (2017, November 14). 10 Awesome Accidental Discoveries. Retrieved from https://www.popularmechanics.com/science/health/g1216/10-awesome-accidental-discoveries/.",
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