BUSINESS & ECONOMICS EDITOR'S PICK The Significance Of The Cybertruck Key Takeaway: Tesla, a high-volume, premium-priced leader in the global electric vehicle (EV) market, experienced a 50% growth in deliveries in 2019. The company announced the Cybertruck in 2019, marking its first move into light/pickup trucks. However, delays in deliveries and the cost of bulletproof glass have hindered its development. Tesla now faces challenges in […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK PSYCHOLOGY Understanding The Sunk Cost Fallacy Key Takeaway: The sunk cost fallacy is a common tendency where people make decisions based on past costs rather than current events or future events. This can lead to high-stakes decisions and can affect choices that have bigger consequences for our lives. For example, Bob might base his decision on the original price of a […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK SCIENCE The Most Expensive Material Used In Science Key Takeaway: NASA is set to return samples from the asteroid Bennu in the early 2030s to determine if any contain traces of ancient life. The cost of sample return is $132 million per ounce, or $4.7 million per gram, which is about 70,000 times the price of gold. The first extraterrestrial material returned to […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK How Netflix Has Been Growing Itself Key Takeaway: Netflix, a streaming giant, experienced a decline in subscribers in 2022 due to competition from Disney and Amazon Prime. However, it has since rebounded, adding 8.8 million subscribers in Q3 2023. The company’s success can be attributed to its international approach, with over 70% of its subscribers coming from outside the US. It […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK ENTREPRENEURSHIP The Paradoxical Life Of Elon Musk Key Takeaway: Elon Musk, the world’s richest man, has a diverse career in space exploration, electric cars, AI, and social media. His biography, written by Walter Isaacson, covers events up to Space X’s unsuccessful Starship rocket launch in April 2023. Isaacson interviews Musk and uncovered newsworthy information, such as his Starlink satellite network’s crucial role […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK The Story Of Birkenstock: Unlikely Rise Of A Billion Dollar Brand Key Takeaway: Birkenstock, a German shoe brand, has been able to attract fashionistas and hippies to its flexible arch supports, despite its negative image. The brand, founded in 1774, has evolved from orthopaedic footwear to fashion, with its initial public offering predicted to be the third-largest US listing so far in 2023. Birkenstock’s “bubble up” […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK STRATEGY TECHNOLOGY How A.I. Will Threaten SEO Key Takeaway: Generative AI tools like ChatGPT are expected to improve internet searching for users by providing answers from the entire internet. However, concerns include opacity over information sources, potential for “hallucinated” answers, and copyright issues. The growing use of generative AI could potentially destroy the US$68 billion search engine optimization industry, which has helped […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK STRATEGY The Real Magic Of Disney Is Its Business Acumen Key Takeaway: Disney’s greatest legacy is not its animated stories or characters, but the business acumen of its founders. The Walt Disney Company was founded in 1923 by brothers Walt and Roy Disney, who initially focused on animation. They adopted merchandising and technologies like Technicolor and sound to cut costs and promote their products. After […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK Understanding How Companies Use Dark Patterns Against You Key Takeaways: Dark patterns are clever tricks built into apps and websites to encourage users to do things they may not want to do. They make it easy to accept tracking cookies and agree to terms and conditions while making purchases. These patterns often benefit companies at the expense of consumers. The US Federal Trade […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK POLITICS Lego’s Sustainability Dilemma Key Takeaway: Lego, the world’s largest toy manufacturer, has pulled out of its “Bottles to Bricks” initiative, which aimed to replace traditional Lego plastic with recycled plastic bottles. The company found that producing bricks with recycled plastic would require extra materials and energy, leading to higher carbon emissions. This decision is part of a larger […] Saving Bookmark this article Bookmarked
The Psychology Of A Gentleman Key Takeaway: The Gentlemen, a TV series by Guy Ritchie, reimagines the age-old trope of a “gentleman” based on Middle English and French. The term originated from Middle English, referring to the English gentry, a class below nobility but above farmers. The concept of a gentleman is associated with higher competence, warmth, and positive connotations […] Written by Jayden Greenwell-Barnden April 12, 2024April 12, 2024 Saving Bookmark this article Bookmarked
Discovering Your Money Attachment Style Key Takeaway: The current economic climate is particularly concerning for young people, who are often financially worse off than their parents. To overcome this, it is important to understand one’s financial attachment style, which can be secure, anxious, or avoidant. Attachment theory, influenced by childhood experiences and education, can help shape one’s relationship with money. […] Written by Ylva Baeckstrom April 9, 2024April 9, 2024 Saving Bookmark this article Bookmarked
The Future Of Human Computing Key Takeaway: Neuralink, founded by Elon Musk, aims to implant a brain-computer interface (BCI) in people’s brains, allowing them to control computers or phones by thought alone. This technology holds the promise of alleviating human suffering and allowing people with disabilities to regain lost capacities. However, the long-term aspirations of Neuralink include the ability to […] Written by Allan McCay April 2, 2024April 2, 2024 Saving Bookmark this article Bookmarked
The Real Mystery Of Sand Dunes Key Takeaway: Sand dunes, primarily formed of quartz and feldspar grains, can also be formed from ash, snow, and gypsum. They can record a history of climate changes and can be enormous, with the largest being as tall as skyscrapers. Only a fifth of deserts are covered by sand dunes, and only about a fifth […] Written by David Thomas April 1, 2024April 1, 2024 Saving Bookmark this article Bookmarked
The Economics Of Betrayal Key Takeaway: Judas Iscariot, a disciple of Jesus, is often associated with treachery and betrayal due to his loyalty. However, research suggests that acts of betrayal are rare, as most humans can be trusted due to their interests. In a trust game, the sender can keep the money or send it to the receiver, who […] Written by Renaud Foucart March 29, 2024March 29, 2024 Saving Bookmark this article Bookmarked
How Nature Influences Time Key Takeaway: Recent research suggests that nature can regulate our sense of time, a feeling often exacerbated by the demands of work, home, and family. Research by psychologist Richardo Correia at the University of Turku in Finland found that spending time in nature can change how we experience time and give us a sense of […] Written by Ruth Ogden March 27, 2024March 27, 2024 Saving Bookmark this article Bookmarked
The Problem With Fashion Key Takeaway: The fashion industry relies on storytelling to create fashionable garments and spread positive messages about issues. However, it can also drive overconsumption and perpetuate unrealistic beauty expectations. The industry’s global reach allows for easy sharing of visual cues and messaging, especially during times of social and political unease. The UN’s report urges storytellers, […] Written by Benjamin Wild March 25, 2024March 25, 2024 Saving Bookmark this article Bookmarked
Rethinking Education Key Takeaways: The Industrial model of education that fueled the modern era and its dizzying reach did its job incredibly well. In his writing, Flynn illustrates study after study, spanning nations and decades, in which modern educational gift of abstraction — a transcendent sign of intelligence, as we saw in Raven’s Matrices — has been […] Written by Anthony Fieldman March 2, 2022October 19, 2022 Saving Bookmark this article Bookmarked
How China Is Transforming Its Economy Through Learning I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […] Written by Enrique Dans February 1, 2021February 1, 2021 Saving Bookmark this article Bookmarked
Why You’re Not Seeing Success With Influencer Marketing With the new year around the corner, now is a good time to re-evaluate your past marketing strategies and gear up for the year ahead. For some businesses, influencer marketing has simply not seemed to live up to its lofty promises of genuine engagement, credibility, and transparency. Some have claimed that it has been failing […] Written by Michael Tan January 14, 2021January 15, 2021 Saving Bookmark this article Bookmarked
A New Philosophy of Business I’m about to ask you to take a mental leap. For the next 8 minutes, suspend your notions of what a business is, and I’ll propose a new lens for you to look through. There are a lot of questions asked around what “community” means for business. “Where should community fit in my organization?” and […] Written by Empirics Asia September 5, 2018September 5, 2018 Saving Bookmark this article Bookmarked
