BUSINESS & ECONOMICS EDITOR'S PICK The Dark Side Of Amazon Returns Key Takeaway E-commerce offers convenience but also has a dark side: returns can be costly for retailers, costing them around $816 billion in lost sales in 2022. The return process, including transportation and packaging, generates about 24 million metric tons of carbon dioxide emissions. Returns can travel hundreds of miles, requiring manual unpacking, inspection, and […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK The Computer Science Of The Future Of Blockchain Key Takeaway Blockchain technology is proving to be a promising solution for various challenges in trust and security in network-based applications. It can improve integrity, accountability, and traceability in supply chains, healthcare, banking, property records, voting, and smart cities. Blockchain systems enable decentralized access control of medical records, ensuring all stakeholders’ interests are protected. They […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK How China Makes Economic Plans Key Takeaway China’s decision-making calendar is structured with key moments when it makes plans for its economic and political future. These include two sessions, study sessions of the politburo, and the declaration of President Xi Jinping’s third term as general secretary. The Chinese political calendar features seven plenary sessions to establish a unified vision for […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK The Future Of Digital Journalism After BuzzFeed Key Takeaway: Buzzfeed News has announced it will shut its award-winning news division for good, laying off 60 journalists. This is bad news for those involved and a tragedy for the wider digital news media, as it produced hard-edged, scoop-heavy journalism. Media companies sought to emulate Buzzfeed’s irreverent and flippant style, but its quality journalism […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK The Secret Behind The Success Of Logan Paul’s Prime Key Takeaways: Prime Hydration has become popular due to its founders’ audience engagement and savvy use of YouTube’s algorithmic networks. Logan Paul and KSI have used their audience engagement strategies and savvy use of YouTube’s algorithmic networks to create a hugely popular brand, creating a blueprint for other content creators. YouTubers Logan Paul and KSI […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK STRATEGY The Marketing Secrets Of Barbie’s Success Key Takeaway: Barbie is one of America’s most trusted brands, with worldwide sales of US$1.5 billion in 2022 and a brand value of US$590 million. Mattel has used a “multiply” strategy to increase brand visibility and storytelling tactics to sustain interest in the brand. Mattel’s strategy of targeting older consumers through nostalgia and designer and […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK Why The Fourth Industrial Revolution Hasn’t Started Yet Key Takeaway: The fourth industrial revolution is a way of connecting together advanced technologies to transform how we make things, but many companies have been slow to take advantage of it. Searches for “industry 4.0” have dropped due to lack of awareness, high risk and scrutiny, and resistance to change among workers. Industry 4.0 technologies […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK TECHNOLOGY The EV Transition Isn’t Really About Cars Key Takeaway: The race to decarbonize passenger cars and light-duty trucks in the U.S. offers big economic and environmental benefits, but they’re not spread equitably. People who bear the most burdens in our current transportation systems often receive the fewest benefits. Bans on sales of new gas-powered vehicles won’t affect those that are already on […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK STRATEGY Why Amazon Became So Successful Key Takeaway: Amazon with a market capitalization of over $1.5 trillion and net revenue of $386 billion in 2020. Customer Service and Convenience is one of the key factors that has contributed to its success. Amazon’s focus on customer service and convenience has played a major role in its success. Innovative Business Model is another […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK A Look At The Global Economy In 2023 Key Takeaways: EU energy ministers have capped gas prices at โฌ180 (ยฃ159) per megawatt hour (MWh) for this winter. The cap is an attempt to control the unruly market forces that saw gas prices spike to nearly โฌ340/MWh last summer. Political intervention risks repeating mistakes made by the US during the 1970s oil price shocks. […] Saving Bookmark this article Bookmarked
Humility Is The Secret To Leadership? Key Takeaway: A study has found that humble leaders can become more promotable by growing others through a “humility route”. Human capital theory suggests that employees’ value can be enhanced by investing in their knowledge, skills, and abilities. Humble leaders focus on the learning and growth of their followers, creating human capital value for themselves. […] Written by Elsa Chan April 18, 2024April 18, 2024 Saving Bookmark this article Bookmarked
Did Ancient Scientists & Philosophers Believe In Aliens? Key Takeaway: In 17th-century Europe, there was a debate about the existence of life on other planets due to the transition from a Ptolemaic view to a Copernican view. This led to the idea that if we were more like other planets and moons close to us that revolved around the Sun, they were more […] Written by Philip Almond April 17, 2024April 17, 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 Proven 5 Steps To Psychological Wellness Key Takeaway: Wellness culture, which claims to provide happiness and meaning, has been criticized for its superficial focus on superficial aspects like candles and juice cleanses. Psychological research suggests that long-term wellbeing comes from a committed pursuit of both pleasure and meaning. Martin Seligman’s Perma model, which breaks wellbeing into five pillars: positive emotions, engagement, […] Written by Ben Gibson April 8, 2024April 8, 2024 Saving Bookmark this article Bookmarked
When Will Quantum Computers Actually Become Practical? Key Takeaway: Quantum computing, which uses entanglement to represent information, has the potential to revolutionize everyday life. However, the development of quantum computers has been slow due to the need to demonstrate an advantage over classical computers. Only a few notable quantum algorithms have been developed, such as the BB84 protocol and Shor’s algorithm, which […] Written by Adam Lowe April 4, 2024April 4, 2024 Saving Bookmark this article Bookmarked
Predicting China’s Economy In 2024 Key Takeaway: China’s leaders have declared a GDP growth target of 5% in 2024, despite facing economic problems and a property crisis. The country’s rapid economic growth has been attributed to market incentives, cheap labor, infrastructure investment, exports, and foreign direct investment. However, none of these drivers are working effectively. The government’s determination to deflate […] Written by Hong Bo April 3, 2024April 3, 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
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 โ a transcendent sign of intelligence, as we saw in Ravenโs Matrices โ 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 Instituteโs new report, โReskilling China: Transforming The Worldโs Largest Workforce Into Lifelong Learnersโ, which focuses on the countryโs 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 Youโre 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 Iโm about to ask you to take a mental leap. For the next 8 minutes, suspend your notions of what a business is, and Iโll propose a new lens for you to look through. There are a lot of questions asked around what โcommunityโ means for business. โWhere should community fit in my organization?โ and […] Written by Empirics Asia September 5, 2018September 5, 2018 Saving Bookmark this article Bookmarked