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
EDITOR'S PICK ENTREPRENEURSHIP Who Cleans Up Space Junk? With more countries landing on the Moon, the issue of space debris becomes increasingly concerning. The lack of governance and regulation is worrisome as space becomes more congested with satellites and junk. Saving Bookmark this article Bookmarked
ENTREPRENEURSHIP Why Did Signature Bank Fail? Key Takeaway: The failures of SVB and Signature Bank were caused by two major risks: interest rate risk and liquidity risk. Interest rate risk caused the market value of previously issued debt to plunge, especially for longer-dated debt. Liquidity risk is the risk that a bank won’t be able to meet its obligations without incurring […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK ENTREPRENEURSHIP 5 Reasons Why The 4 Day Work Week Won’t Work The four-day working week continues to gain momentum, with pilots taking place in the UK, Ireland, US, Canada and Australia. Over six-month periods between February and November, employees at participating businesses are working only 80% of their time but still receiving 100% of their salary and benefits. These schemes, which are being driven by non-profit coalition 4 Day Week Global, […] Saving Bookmark this article Bookmarked
EDITOR'S PICK ENTREPRENEURSHIP STRATEGY 5 Rules Of Leadership In 2022 After another punishing year dominated by COVID, the omicron threat appears to be receding and many people may now be looking at the beginning of the end of the pandemic. But the fallout from COVID will still pose huge challenges in 2022 in terms of economic growth, supply chain issues, labour shortages and employee confidence. As ever, effective leadership […] Saving Bookmark this article Bookmarked
EDITOR'S PICK ENTREPRENEURSHIP The Implications Of Theranos Theranos was, from the outset, too good to be true: Elizabeth Holmes met every stereotype of the time, a Stanford dropout who set up healthcare technology company Theranos in the early noughties and was able to attract powerful and influential investors, media advisors, and constantly announce major deals. The only problem was that the fundamental premise on which the company was built, […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK ENTREPRENEURSHIP STRATEGY How Cup Noodles Became One of The Biggest Business Success Stories Of All Time See a container of Cup Noodles at a convenience store and you might think of dorm rooms and cheap calories. But there was a time when eating from the product’s iconic packaging exuded cosmopolitanism, when the on-the-go meal symbolized possibility – a Japanese industrial food with an American flair. Cup Noodles – first marketed in […] Saving Bookmark this article Bookmarked
EDITOR'S PICK ENTREPRENEURSHIP STRATEGY The Science Of Product Placements: How To Get It Right In “The Variant,” an episode from the Disney+ hit streaming show “Loki,” it’s tough to miss the barrage of product placements, with fast-paced action and dialogue taking place in front of Charmin toilet paper, Dove soap and Arm & Hammer deodorant. At one point, Loki barrels down an aisle with vacuum cleaners and fights off […] Saving Bookmark this article Bookmarked
EDITOR'S PICK ENTREPRENEURSHIP STRATEGY Imitation Does Not Always Work LinkedIn has warned its advertisers that it is eliminating its video stories, thus becoming the second social network, after Twitter pulled the plug in July on Fleets, to realize that strategies based on literal copies of other social networks’ features don’t always pan out. When Instagram decided to copy Snapchat’s ephemeral stories format, it took a product from […] Saving Bookmark this article Bookmarked
EDITOR'S PICK ENTREPRENEURSHIP STRATEGY How Images Get Customers To Time Travel Aconsumer shopping for a midcentury sofa may be more likely to buy it if the background in its advertisement is a little disorganized. Likewise, people looking to purchase a new smartphone could more quickly pull the trigger if the ad were simple and sleek. That’s because ads for vintage products are more appealing when they […] Saving Bookmark this article Bookmarked
What Lies Inside Quantum Black Holes? Key Takeaway: The concept of the “cosmic censorship conjecture” suggests that singularities within the universe are hidden within black holes, providing a protective barrier. However, the integration of quantum mechanics challenges this idea, creating “quantum black holes” that obey the subatomic world’s rules. These quantum entities must account for effects like negative energy, which does […] Written by Empirics Asia December 2, 2024December 2, 2024 Saving Bookmark this article Bookmarked
The New Frontier Of Time Key Takeaway: The second, the fundamental unit of time, is being refined through advancements in timekeeping technology. Throughout history, humans have sought to track time with greater precision, starting with the Neolithic site of Newgrange in Ireland. In 1967, the International System of Units established that a second corresponds to 9,192,631,770 oscillations of radiation emitted […] Written by Empirics Asia November 29, 2024November 29, 2024 Saving Bookmark this article Bookmarked
The Birth Of Fractals Key Takeaway: A visiting professor from Canada delivered lectures on complex dynamics, revealing breathtaking visuals of fractals, a realm pioneered by Benoit Mandelbrot. Mandelbrot’s groundbreaking work transformed how mathematicians approached their work, legitimizing the use of pictures in mathematics and challenging the field’s traditional reliance on purely analytical methods. His groundbreaking work, “The Fractal Geometry […] Written by Empirics Asia November 25, 2024November 25, 2024 Saving Bookmark this article Bookmarked
The Universe’s Biggest Mystery: Why Are We Here? Key Takeaway: Recent research by physicists has revealed that our universe may not be optimal for intelligent life. The mysterious force known as dark energy accelerates the universe’s expansion, but its value is far smaller than theoretical expectations. Researchers used anthropic reasoning to explain this, arguing that the properties of the universe must align with […] Written by Empirics Asia November 22, 2024November 22, 2024 Saving Bookmark this article Bookmarked
The Test Of Human Intelligence Key Takeaway: Scale AI has launched the initiative “Humanity’s Last Exam” to determine the capabilities of cutting-edge large language models (LLMs) like Google Gemini and OpenAI’s o1. The initiative aims to determine how close we are to achieving AI systems that rival human expertise. The challenge lies in evaluating intelligence in machines that can already […] Written by Empirics Asia November 21, 2024November 21, 2024 Saving Bookmark this article Bookmarked
When Reality Fractures Key Takeaway: Researchers have discovered that delusions, which are convictions that cling to a distorted view of reality, are a result of the same cognitive pathways that produce everyday beliefs. Delusions often defy common sense but emerge when the system of meaning-making veers off course. A case of postpartum psychosis revealed that a woman experienced […] Written by Empirics Asia November 20, 2024November 20, 2024 Saving Bookmark this article Bookmarked
The Rise And Fall Of Volkswagen Key Takeaway: Volkswagen, once a symbol of German industry and co-management between shareholders and unions, is facing a crisis due to strategic missteps, a convoluted governance structure, and a culture that often prioritizes control over innovation. The company’s journey began in 1937 with the Beetle, which became the world’s largest carmaker in the 1980s and […] Written by Empirics Asia November 19, 2024November 19, 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