Wanna Innovate? 3 Reasons Why You Should Implement Power-Law Distribution - News Summed Up

Wanna Innovate? 3 Reasons Why You Should Implement Power-Law Distribution


Power-law distribution is an asymmetric pattern in which the majority of adoption takes place in the beginning, followed by a long tail trail. This also explains why phenomena in which interdependence is not a factor—such as a person’s height or body temperature—follow a normal distribution, not a power-law distribution. There are many examples of power-law distribution, including the sales figures of blockbuster CDs or movies, and the salary of popular athletes. The unit doesn’t matter as much because the power-law distribution pattern is scale invariant. Feed the winners that demonstrate the power-law distribution and starve the losers, using learning from fast failures.


Source: Forbes May 12, 2018 14:48 UTC



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