BUSINESS & ECONOMICS EDITOR'S PICK How Luxury Defies Economic Laws Key Takeaway: The law of demand, which states that as prices rise, demand generally falls, is a fundamental principle in economics. However, some goods, such as Veblen and Giffen goods, challenge this rule. Veblen goods, also known as “snob” goods, are valued for their prestige, exclusivity, and social standing. They are valued for their intrinsic […] Saving Bookmark this article Bookmarked
EDITOR'S PICK TECHNOLOGY Can You Create A Question That Stumps A.I.? Key Takeaway: Humanity’s Last Exam is an initiative by Scale AI and the Center for AI Safety (CAIS) to test the limits of artificial general intelligence (AGI). The challenge is not just a tech contest, but a bold experiment in assessing the progress of AI. AI models are already outperforming humans in math, law, and […] 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 SCIENCE The Science Behind The Loch Ness Monster Key Takeaway: The Loch Ness legend, a mysterious freshwater lake in Scotland, has been passed down through generations as mythological creatures. The lake, which is 23 miles long, wide, and deep, has been a subject of fascination for millions of people. However, no physical evidence of an unusual or prehistoric creature has ever been found. […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SOCIOLOGY Why Is Free Time Still So Rare In Our Modern Productive Society? Key Takeaway: In the past, many economists assumed that people’s need for more stuff would eventually be met, leading to more free time. The 40-hour week is not the result of a personal calculation of costs and benefits but rather a result of a hard-fought political battle that culminated in the Fair Labor Standards Act […] Saving Bookmark this article Bookmarked
EDITOR'S PICK The Economics Of Rare Whisky Key Takeaway: The whiskey market has been booming for some time, with rare bottles and barrels selling for astronomical prices. The market has been driven by economic factors, with high prices for rare items like rare bottles and barrels, and social factors, such as the increasing focus on the purported authenticity of craft products like […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE Does Blindness Change Our Sense Of Sound? Key Takeaway: A recent study published in PNAS found that blind individuals are better at perceiving auditory motion than sighted people. The study involved blind participants who were asked to judge the direction of a sound embedded in bursts of background noise. The results showed that blind participants were able to determine the direction of […] 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 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 TECHNOLOGY Quantum Computing In 2023 In June, an IBM computing executive claimed quantum computers were entering the “utility” phase, in which high-tech experimental devices become useful. In September, Australia’s Chief Scientist Cathy Foley went so far as to declare “the dawn of the quantum era”. This week, Australian physicist Michelle Simmons won the nation’s top science award for her work on developing silicon-based […] Saving Bookmark this article Bookmarked
Are Animals Making Art? Key Takeaway: Animals, including birds and whales, have been questioned about their artistic abilities. Some argue that art is about emotion, representation, or intention, while others believe it comes from reinforcement. However, not all animal creations are considered art. Some, like Humpback whales and Pigcasso, are trained to express their creativity, while others, like puffer […] Written by Empirics Asia May 7, 2025May 7, 2025 Saving Bookmark this article Bookmarked
Is A Space Tourist An Astronaut? Key Takeaway: The debate over who truly deserves to be called an astronaut has resurfaced with the recent all-women spaceflight aboard Jeff Bezos’s Blue Origin spacecraft. The term “astronaut” has been used to describe individuals who have travelled into space, but the definition varies widely. Some dictionaries define an astronaut as anyone who has travelled […] Written by Empirics Asia May 6, 2025May 6, 2025 Saving Bookmark this article Bookmarked
How Human Networks Planted The Seeds Of Civilisation Key Takeaway: Researchers have used mathematical models to simulate the spread of farming, focusing on human contact as the driving force. They adapted predator-prey models to simulate the overlap of farming and foraging communities. The study found that direct human contact, whether friendly or hostile, played a central role in the expansion of farming. Small-scale […] Written by Empirics Asia April 28, 2025April 28, 2025 Saving Bookmark this article Bookmarked
The Great Cosmic Riddle Key Takeaways: Dark matter, an invisible substance thought to outweigh all visible matter in the universe, remains a mystery in astrophysics. The idea of dark matter began in the 1970s when astronomers Vera Rubin and Kent Ford studied the rotation of the Andromeda galaxy. However, alternative explanations exist, such as Modified Newtonian Dynamics (MOND) and […] Written by Empirics Asia April 24, 2025April 24, 2025 Saving Bookmark this article Bookmarked
Is Big Tech Killing Free Speech or Saving It? Key Takeaway: President Donald Trump’s executive order titled “Restoring Freedom of Speech and Ending Federal Censorship” accused the previous administration of stifling free expression by working with social media companies to curb misinformation and label misleading content. However, recent research suggests that less regulation can actually make the internet a less free place for speech, […] Written by Empirics Asia April 23, 2025April 23, 2025 Saving Bookmark this article Bookmarked
How The Brain Learns Key Takeaway: Recent research published in Science has revealed that the brain uses multiple learning mechanisms simultaneously, revealing the complexity behind brain wiring. Neurons communicate through electric signals called synapses, which form complex networks of connections that transmit information. The traditional theory of synaptic plasticity assumes uniformity between neurons, but the new study found that […] Written by Empirics Asia April 22, 2025April 22, 2025 Saving Bookmark this article Bookmarked
Did We Just Discover Life On A Distant Planet? Key Takeaway: A new study published in Nature Astronomy claims that the James Webb Space Telescope (JWST) has detected atmospheric signals on K2-18b, a distant world 124 light-years from Earth. The researchers found traces of molecules often associated with biological activity on Earth, including dimethyl sulphide (DMS). The scientists are 99.7% confident in the presence […] Written by Empirics Asia April 21, 2025April 21, 2025 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