BUSINESS & ECONOMICS EDITOR'S PICK The Impact Of Negative Reviews Key Takeaway: Travelers often turn to online reviews to choose the perfect destination, shaping their experiences. Businesses read reviews and often act on them, analyzing sentiments and benchmarking against competitors. They respond to reviews, taking actionable steps to address feedback. Negative reviews can be catalysts for change, allowing businesses to refine offerings and enhance customer […] Saving Bookmark this article Bookmarked
EDITOR'S PICK STARTUPS STRATEGY The Science Of Becoming A Successful Influencer Key Takeaway: Influencers, a lucrative industry worth over $16 billion, promote products or services through sponsored social media posts or branded content. However, the majority of influencers find it hard work and poorly paid. There are no set pay rates, and contracts are likely to be short and job protection is limited. Earnings can range […] Saving Bookmark this article Bookmarked
EDITOR'S PICK PSYCHOLOGY Are Single People Happier? The Science Of Being Single Key Takeaway: A study published in the Journal of Personality suggests that long-term single people can be secure and thriving, possibly due to their attachment style. The research found that 78% of singles were insecure, with 22% being secure. Secure singles are comfortable with intimacy and closeness in relationships, while anxious singles worry about rejection […] Saving Bookmark this article Bookmarked
EDITOR'S PICK TECHNOLOGY The Inherent Risks Of A.I. Key Takeaway: Leading scientists and technologists often make terrible predictions about the direction of innovation, leading to misalignments between a company’s economic incentives to profit from its proprietary AI model and society’s interests in how the AI model should be monetised and deployed. Focusing on the economic risks from AI is not just about preventing […] Saving Bookmark this article Bookmarked
EDITOR'S PICK PSYCHOLOGY How Algorithms Shape Our Taste In Music Key Takeaway: Spotify’s algorithmically generated “daylist” is a prime example of how tech platforms have shaped our music tastes over time. For over 15 years, the platform has been trying to predict or “compute tastes” based on data about users and everyone streaming on the platform. This data has influenced our tastes, as our preferences […] 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 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 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 SOCIOLOGY Are Big Businesses Actually Helping The Environment In Their ESG? Key Takeaway: A study of 100 of the world’s largest businesses found that two-thirds of them carry out restoration activities, but the evidence supporting these efforts is inadequate. Many corporate sustainability reports lack rigor in defining restoration, outlining methodologies, and quantifying outcomes. They also fail to clearly distinguish between projects designed to align with legal […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SOCIOLOGY TECHNOLOGY How A.I. Is Transforming Music Key Takeaways: The intersection of music and artificial intelligence (AI) is a topic of concern for many students. While AI has the potential to create a world where music is abundant, it could also lead to the eradication of human musicians. Three ways AI is changing the way music is made include song composition, mixing […] Saving Bookmark this article Bookmarked
The Upcoming Revolution For Global Internet Access Key Takeaway: High-altitude platform stations (HAPS) are emerging as a new frontier in communications technology, offering a unique blend of accessibility and affordability. Positioned between 4 and 30 miles above Earth, these stations bring telecommunications equipment closer to the surface than satellites, resulting in stronger, higher-capacity signals. Researchers have demonstrated that HAPS could provide high-speed […] Written by Empirics Asia September 6, 2024September 6, 2024 Saving Bookmark this article Bookmarked
The Mystery Of Horse Domestication Key Takeaway: Horse domestication remains a mystery, despite its significant impact on human civilization. The Indo-European or “Kurgan hypothesis” suggests that horse domestication began on the steppes of western Asia, specifically among the Yamnaya people. However, recent advances in technology have revealed that the horses from the Botai culture were not the ancestors of today’s […] Written by Empirics Asia September 5, 2024September 5, 2024 Saving Bookmark this article Bookmarked
Quantum Physics Meets A.I. Key Takeaway: Quantum tunnelling, a phenomenon from quantum mechanics, has been applied to artificial intelligence (AI) to create a neural network that mimics human perception of optical illusions. This neural network, trained to recognize optical illusions like the Necker cube and Rubin’s vase, exhibits a state of ambiguity, mirroring human ambiguity in perception. This finding […] Written by Empirics Asia August 30, 2024August 30, 2024 Saving Bookmark this article Bookmarked
The Power Of Small Changes: How Marginal Gains Lead To Extraordinary Success Key Takeaway: The British cycling team’s 2008 Beijing Olympics victory was a result of a simple strategy: the pursuit of marginal gains. The team’s coach, Sir Dave Brailsford, believed that success could be achieved by making a series of 1% improvements across every aspect of the cyclists’ gear, stamina, and physical conditioning. This principle, known […] Written by Empirics Asia August 29, 2024August 29, 2024 Saving Bookmark this article Bookmarked
The Science Of Choosing The Perfect Bottle Of Wine Key Takeaway: Wine is a popular choice for many cultures, but its value is subjective and influenced by personal taste. Wine reviews, such as the 100-point scale, are rated based on quality relative to similar grape varieties and regions. However, the integrity of these reviews is debated, with some arguing that financial arrangements can influence […] Written by Empirics Asia August 28, 2024August 28, 2024 Saving Bookmark this article Bookmarked
The Hidden Power Of Underwater Avalanches Key Takeaway: A study examining an ancient underwater avalanche off the coast of Morocco has challenged our understanding of these powerful events and their potential to disrupt global communications and infrastructure. These avalanches, also known as turbidity currents, are difficult to observe and measure, but their impact is undeniable, particularly on the intricate web of […] Written by Empirics Asia August 27, 2024August 27, 2024 Saving Bookmark this article Bookmarked
Reviving State Power: The New Era of Industrial Policy Key Takeaway: State intervention in global economics is gaining momentum, particularly since the 2010s, due to financial crises, geopolitical tensions, and the fragility of global supply chains. The relationship between exports and protectionism is complex, as successful industrial and trade policies often blend export promotion with elements of protectionism. South Korea and Taiwan have used […] Written by Empirics Asia August 26, 2024August 26, 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