The definition of ‘virtual’ in the dictionary refers to a presumed existence or subject that is treated as if it does not exist in reality. However, in contemporary usage, ‘virtual’ describes something that cannot be physically sensed by human beings. For instance, ‘virtual currency’ exists in the form of bits, as it cannot be perceived sensibly. Just because you can’t feel it doesn’t mean it doesn’t exist. In fact, human senses cannot detect the smallest unit of atoms that compose all things, yet that does not negate their existence. If something that does not exist but can exist as a hypothesis is called ‘virtual,’ then it exists in reality as a concept as soon as it is assumed! When something is hypothesized, the entity that is assumed originally did not exist, and the subject who made the assumption had not existed from the beginning, thus proving its existence by expressing the will of that assumption. Therefore, distinguishing between virtual and real holds no ontological signifi...
In a rapidly evolving technological market, companies thrive not by producing durable, long-lasting products but by continuously innovating new models. If car manufacturers create vehicles so robust that customers drive them for over 30 or 40 years, those companies risk failure. Therefore, product cycles are crucial in manufacturing: if they are too short, trust is lost; if they are too long, bankruptcy follows. Nevertheless, newcomers often aim to make them more robust. - Joseph’s “just my thoughts”