MONEY & FINANCE

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Comedian Robin Williams once called cocaine “God’s way of telling you you are making too much money”. This role may now have been overtaken by non-fungible tokens, the blockchain-based means to claim unique ownership of easily copied digital assets. The latest NFT mania involves fantastic amounts of money being paid for “Bored Apes”, 10,000 avatars […]
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I really enjoyed this article, “Open source is finally coming to financial services”, and the corresponding 25-minute lecture by Angela Strange of Andreessen Horowitz on the future of banking services, in which she predicts a scenario that is very much in line with what I have been envisioning for quite a few years: banks where software developers will have […]
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  2. EDITOR'S PICK
  3. MONEY & FINANCE
On Sept. 7, 2021, El Salvador will become the first country to make bitcoin legal tender. The government even went a step further in promoting the cryptocurrency’s use by giving US$30 in free bitcoins to citizens who sign up for its national digital wallet, known as “Chivo,” or “cool” in English. Foreigners who invest three bitcoins in the country – currently about $140,000 – […]
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Small donations can add up to big bucks. That’s the promise of crowdfunding, a process by which entrepreneurs and nonprofits raise money online from individuals instead of banks and investors. Last year, 6.4 million crowdfunding campaigns worldwide brought in $34 billion, according to the crowdfunding data company Fundly. But most of those campaigns didn’t live up […]
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  2. EDITOR'S PICK
  3. MONEY & FINANCE
Many of us see the stock market as an investment engine for building companies and generating wealth, but the truth is that the stock market works more like an extraction engine. It depletes corporations while contributing to the concentration of wealth. The Stock Market is an Aftermarket Our distorted view of the stock market starts when we believe that buying shares in a publicly-traded company actually invests […]
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The rise of environmental, social and corporate governance investment (ESG) as a prioritization strategy is driving change in the financial landscape, obliging many companies to get on board. Some observers see the reorientation of investment priorities toward sustainability as a $30 trillion market opportunity, while others insist that, regardless of the money involved, companies must integrate it into […]

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The former heads of nuclear regulation in the United States, Germany and France, along with the secretary of the UK government’s Radiological Protection Committee, have issued an unequivocal statement that “nuclear power is just not part of any viable strategy that could counter climate change”. The “red scenario” Bloomberg defined in its New Energy Outlook for 2021, whereby […]
Explanations of machine learning are often either too complex or overly simplistic. I’ve had some luck explaining it to people in person with some simple analogies: The Jet of Machine Learning Scratch the surface, and you see that machine learning is basically a kind of ‘statistical thinking.’ We’ve long had tools for doing statistical analysis on data. […]

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Explanations of machine learning are often either too complex or overly simplistic. I’ve had some luck explaining it to people in person with some simple analogies: The Jet of Machine Learning Scratch the surface, and you see that machine learning is basically a kind of ‘statistical thinking.’ We’ve long had tools for doing statistical analysis on data. […]
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, […]

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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 […]

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