Category Archives: Reasoning
First Principles Thinking Explained with Examples
Last updated: 23rd Jan, 2024 Can innovation be taught and learned methodically? Can there be an innovation playbook using which, given a need to create a thing, product, or solve a complex problem, a set of well-defined steps be followed? How has Elon Musk been super successful time and again in creating game-changing innovative products that created tremendous value for end-users and society at large? The answers to these questions can be found with a reasoning technique called first principles thinking. The first principles thinking is often associated with Elon Musk, who uses this approach to come up with his business ideas, create innovative product designs, and build winning products …
Book: First principles thinking for building winning products
Can innovation be taught and learned in a methodical manner? Can there be an innovation playbook using which, given a need to create a thing, product, or solve a complex problem, a set of well-defined steps be followed? How has Elon Musk been super successful time and again to create game-changing innovative products that created tremendous value for end-users and society at large? The answers to these questions can be found with a reasoning technique called first principles thinking. First principles thinking is defined as a method of reasoning or a thought process in which you try and understand the fundamental truth regarding different aspects of the existence of a …
Deductive & Inductive Reasoning: Examples, Differences
When it comes to data science, there are two main types of reasoning that you need to be familiar with: deductive and inductive. Both of these techniques are important in order to make sound decisions based on the data that you’re working with. In this blog post, we’ll take a closer look at what deductive and inductive reasoning are, what are their differences, and how they’re related to each other. What is deductive reasoning? Deductive reasoning is an important tool in data science. Deductive reasoning is the process of deriving a conclusion based on premises that are known or assumed to be true. In other words, deductive reasoning allows you …
First Principles Understanding based on Physics
In this post, you will understand the concepts of first principles and first principles thinking based on physics concepts. Let’s jump in right away. In the meanwhile, you could also access one of my other posts on the first principles: First-principles thinking explained with examples. It will help you get started on what are first principles and what is first principle thinking. One of the most fundamental Physics concept to understand the first principle is this: Every physical quantity can be represented as the derived quantity or fundamental quantity. The fundamental quantities, also termed basic quantity, are most basic or fundamental and unique and there are no overlaps between them. …
I found it very helpful. However the differences are not too understandable for me