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  1. Asked: November 18, 2023In: Analytics

    Overshoot

    memopoli.org
    memopoli.org
    Added an answer on November 18, 2023 at 5:09 pm

    A similar concept would be the Hype Cycle (a graphical representation of the life cycle stages that emerging technologies go through, from initial innovation trigger to peak expectations, followed by disillusionment, and ultimately reaching a stable, productive state as understanding and applicationRead more

    A similar concept would be the Hype Cycle (a graphical representation of the life cycle stages that emerging technologies go through, from initial innovation trigger to peak expectations, followed by disillusionment, and ultimately reaching a stable, productive state as understanding and application mature.)

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  2. Asked: November 18, 2023In: Analytics

    Overshoot

    memopoli.org
    memopoli.org
    Added an answer on November 18, 2023 at 4:27 pm
    This answer was edited.

    I experienced this Memo a few years ago. We opened a concept restaurant, and most experienced people told me that we would attract a lot of customers in the beginning due to the Novelty Effect, but that we shouldn't get used to that volume of people because it would eventually settle down. That's exRead more

    I experienced this Memo a few years ago. We opened a concept restaurant, and most experienced people told me that we would attract a lot of customers in the beginning due to the Novelty Effect, but that we shouldn’t get used to that volume of people because it would eventually settle down. That’s exactly what happened. Huge, huge traffic in the beginning, then it plummeted before stabilizing with the actual customers, who are still with us 3 years later.

     

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    memopoli.org added an answer A similar concept would be the Hype Cycle (a graphical… November 18, 2023 at 5:09 pm
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    memopoli.org added an answer I experienced this Memo a few years ago. We opened… November 18, 2023 at 4:27 pm
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