The concept of “going concern” in accounting emphasizes that a business must persist into the future to retain its value. This principle signifies that present value already incorporates expectations of future value; thus, a business facing uncertainty about its future will inevitably diminish in present value. It highlights the interconnectedness of present and future values, suggesting that they cannot be regarded in isolation. All stocks traded on the stock market are priced based on their anticipated future value. In essence, we trade on a future that has yet to materialize. Consequently, determining how far into the future to evaluate is a critical factor in making investment decisions. Since individuals have varying skills and perspectives on forecasting the future, selecting an investment strategy must align with one’s attitude toward time. - Joseph’s “just my thoughts”
Media shapes a “perceived space,” which exists not in the physical realm but within our imagination. Businesses that once thrived on in-person gatherings will need to adapt their perception of space to survive in the future. Traditionally, aggregation has served as a primary profit model. However, even in a distributed setting, if a cognitive connection can be established, a cognitive space emerges. While aggregation and variance are tied to physical realities, these distinctions lose relevance in cognitive terms. For instance, cafés inside train stations hold economic value due to the relatively short travel distance compared to those outside. Yet, a café just outside the station, equipped with an LED display providing boarding information, effectively extends the perceived economic value of the train station space. Instagram exemplifies this concept; to reiterate, media creates a perceived space. - Joseph’s “just my thoughts”