BUSINESS & ECONOMICS EDITOR'S PICK 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 […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK Panda Diplomacy: What We Can Learn About Chinese Economics Key Takeaway: San Diego Zoo and China’s Wildlife Conservation Association signed a deal in February 2024 to return Chinese giant pandas to the US by the end of the summer. This move signifies a warming of relations between the US and China, as well as a bid by China to help repair its struggling economy. […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK The Rise Of Robo-Retail Key Takeaway: Canada’s first robotic cafe, RC Coffee, opened in Toronto in October 2020, reviving the concept of a restaurant where food and drinks are served by technology. The trend of digitally enabled retail automation has grown in popularity in Canada over the past decade, driven by safety concerns and labor shortages. As of the […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK POLITICS The Future Of China’s Semiconductor Industry Key Takeaway: China’s national champions for semiconductor design and manufacturing, HiSilicon and Semiconductor Manufacturing International Corporation (SMIC), are making waves in Washington. Huawei’s launch of the Huawei Mate 60 smartphone in August 2023 showed that Chinese self-sufficiency in HiSilicon’s semiconductor design and SMIC’s manufacturing capabilities were catching up at an alarming pace. The US has […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK The Billionaire Problem Key Takeaway: Oxfam International’s annual report on global inequality reveals that the wealth of the world’s five richest billionaires has more than doubled since the start of the decade, while 60% of humanity has grown poorer. The report, entitled “Inequality Inc,” shows that billionaires own $3 trillion more than they did three years ago, meaning […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK STRATEGY The Hidden Costs Of Lay-Offs Key Takeaway: Businesses are facing rising borrowing costs and wage growth, affecting industries like advertising and retail. Redundancies can impact all employees, including those at risk, survivors, and management and HR teams. Decreased trust can lead to a toxic work environment, causing employees to question loyalty and commitment. Psychological stress can lead to increased absenteeism, […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK How China Is Revolutionising Shopping Malls Key Takeaway: From 1990 to 2020, China’s malls reflected its economic growth, catering to the emerging middle class. These malls were built by US architectural firms and are now being reimagined as civic spaces for communities to meet and interact. The COVID-19 pandemic and the rise of online shopping have devastated foot traffic, leaving the […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK STRATEGY The Real Reason Why WeWork Failed Key Takeaway: WeWork, a co-working firm founded by Adam Neumann and Miguel McKelvey in 2010, filed for bankruptcy after announcing its failure. The company, which rented out desks, offices, and meeting rooms to companies and freelancers, promoted itself as a tech company, promising to boost workers’ social interaction and innovation. However, Neumann claimed that the […] Saving Bookmark this article Bookmarked
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
The Real Art Of War Key Takeaway: The Art of War, an ancient Chinese war manual from the 5th century BCE, is often cited as a cliché by teen edgelords and management gurus. However, the book is actually a work of clear-sighted and sometimes ruthless realism, influenced by philosophy and strategy. The book, which is attributed to Chinese general and […] Written by Jamie Roberts July 18, 2024July 18, 2024 Saving Bookmark this article Bookmarked
The Democracy Of Bees Key Takeaway: Honey bees, originally tropical insects, evolved complex nest-choosing patterns 600,000 years ago to survive cold climates. However, research into honey bee pressures and behavior rarely takes into account these nest preferences. Researchers have found that tree nests lose less heat than conventional hives and that features of man-made hives inserted for convenience increase […] Written by Derek Mitchell July 17, 2024July 17, 2024 Saving Bookmark this article Bookmarked
Is Fusion Power Our Future? Key Takeaway: Nuclear fusion could be a promising solution to climate change and energy security issues, as it offers a clean, abundant, and safe energy source. However, the technology’s realisation may come into tension with the issues it aims to solve. The technology’s appeal may mask deeper ethical questions, such as environmental sustainability and the […] Written by Sophie Cogan July 11, 2024July 11, 2024 Saving Bookmark this article Bookmarked
How People Can Influence Our Memories Key Takeaway: A study has found that our memory helps us learn from experiences and develop new knowledge by integrating and updating information. Memory can forge inferred connections beyond direct experiences, which can sometimes lead to false inferences. The study found that people may prioritize information from liked sources more than those from disliked ones, […] Written by Ines Bramao July 10, 2024July 10, 2024 Saving Bookmark this article Bookmarked
How Does Space Change Astronaut Biology? Key Takeaway: Astronauts are experiencing a new era of human spaceflight, with longer missions ranging from minutes to months. As humanity looks to return to the Moon over the coming decade, space exploration missions will be longer, with more space travelers and tourists. Researchers in space health are seeking to better understand the human health […] Written by Susan Bailey July 9, 2024July 12, 2024 Saving Bookmark this article Bookmarked
Who Really Was Mona Lisa? Key Takeaway: The Mona Lisa, a Renaissance icon, has been a subject of debate for over half a millennium. The painting has been traditionally associated with Lisa Gherardini, the wife of Florentine silk merchant Francesco del Giocondo. However, another theory suggests Isabella of Aragon, a princess deeply entwined in the political and cultural fabric of […] Written by Darius von Guttner Sporzynski July 5, 2024July 5, 2024 Saving Bookmark this article Bookmarked
The Science Fiction Feedback Loop Key Takeaway: OpenAI CEO Sam Altman sparked controversy by referencing the 2013 movie “Her” to highlight the novelty of ChatGPT’s latest iteration. Actor Scarlett Johansson accused the company of improperly using her voice after she spurned their offer to make her the voice of ChatGPT’s new virtual assistant. This highlights the “sci-fi feedback loop,” which […] Written by Rizwan Virk July 4, 2024July 4, 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