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
BUSINESS & ECONOMICS EDITOR'S PICK How China’s Property Crisis Will Impact Global Tourism Key Takeaway: The COVID-19 pandemic has impacted the Chinese travel industry, with a slow return to global flights due to the country’s struggling real estate sector. China’s largest developer, Country Garden, lost $7.1 billion in the first six months of 2023, and investors are concerned about potential debt default. Local governments heavily rely on tax […] Saving Bookmark this article Bookmarked
EDITOR'S PICK ENTREPRENEURSHIP Who Cleans Up Space Junk? With more countries landing on the Moon, the issue of space debris becomes increasingly concerning. The lack of governance and regulation is worrisome as space becomes more congested with satellites and junk. Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK SCIENCE TECHNOLOGY Uranium And The Future Of The Nuclear Industry Key Takeaway: The uranium market has seen a surge in prices since mid-August, with prices around US$48 per pound (453g). This is due to investors and speculators scrambling to buy the commodity, which is limited to nuclear power production and medical equipment. The demand for uranium is distributed across 445 nuclear power plants operating in […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK POLITICS The Age Of Resource Nationalism Key Takeaway: China’s new export regime is reportedly in response to western restrictions on equipment essential for semiconductor devices, such as the US CHIPS and Science Act of 2022. This could affect Beijing’s capacity for high-performance computing in areas like defense. Both germanium and gallium are crucial to technological advancement, with germanium being particularly useful […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK STRATEGY Was Musk’s Twitter Rebrand To X The Right Move? Key Takeaway: Twitter’s CEO, Elon Musk, has rebranded the platform X, abandoning the globally recognized Twitter brand and renaming it X.com. The rebrand aligns with Musk’s intention to make the platform more than a communication app, like Tencent’s popular WeChat app in China. The new X symbol is distinctive and expresses a sense of mystery. […] Saving Bookmark this article Bookmarked
ART & DESIGN CULTURE EDITOR'S PICK China’s Hidden Century Key Takeaway The British Museum’s China’s Hidden Century exhibition focuses on details of daily life in the 19th century, including ornaments, clothes, and artefacts. The exhibition highlights the deteriorating domestic and international situation, such as the Taiping and Nian rebellions, starvation, and violent encroachments by the British and other European and Asian countries. The exhibition […] Saving Bookmark this article Bookmarked
EDITOR'S PICK POLITICS The Geopolitical Future Of Microchips A conflict between the US and China over computer chips – or semiconductors – has been escalating in recent months. In particular, the US has taken steps to limit China’s access to advanced chip technology amid heightened international competition in the area. The US recently tightened export controls to undercut China’s access to high-end chip manufacturing equipment and […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK ENTREPRENEURSHIP STRATEGY Branding Secrets From LEGO Toymaker LEGO provides a great example of the brand-alignment and brand-building strategies explored in this module. Anyone who has wandered through the LEGO section of a toy store or a department store knows that the company understands its target audiences very well: young children (ages 1.5 to 11) who like to build things and parents […] Saving Bookmark this article Bookmarked
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 […] Written by Empirics Asia November 28, 2023November 28, 2023 Saving Bookmark this article Bookmarked
What Modern People Get Wrong About Stoicism Key Takeaway: Stoicism, a philosophical school popular in ancient Rome, is often associated with happiness and productivity. However, Stoic TikTok, a popular social media platform, often misinterprets its ideas. Stoicism was traditionally divided into three branches: ethics, physics, and logic. Stoic TikTok focuses on knowledge through reading quotations or practicing mental exercises, but it doesn’t […] Written by Matthew Duncombe November 27, 2023November 27, 2023 Saving Bookmark this article Bookmarked
Does Music Manipulate Our Memories? Key Takeaway: Studies in psychology are beginning to understand how music helps people remember films, scenes, and characters. Music can help us understand characters, create deeper emotional links, and create mood-congruency effects when the music and movie both make us feel the same way. Irony and mood-incongruity effects occur when music and movies make us […] Written by Empirics Asia November 21, 2023November 21, 2023 Saving Bookmark this article Bookmarked
The Secrets Of Our Mental Dictionary Key Takeaway: Your mental lexicon is a unique and personalized collection of words, influenced by your educational, professional, cultural, and other experiences. It varies in size from person to person and according to age, with the average American English speaker being around 42,000 words richer at 20 than at 60. The brain’s memory is dynamic […] Written by Empirics Asia November 20, 2023November 20, 2023 Saving Bookmark this article Bookmarked
Inside The Minds Of Magicians Key Takeaway: A study examining the mental health of magicians found that they exhibited similar traits to people with mental illnesses like schizophrenia and autism. Magicians, who both create and perform their own shows, require precision and technical skills to entertain the audience. They scored lower on nearly every psychotic symptom compared to the general […] Written by Gils Greengross November 16, 2023November 16, 2023 Saving Bookmark this article Bookmarked
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 […] Written by Jean Chalaby November 15, 2023November 15, 2023 Saving Bookmark this article Bookmarked
Is Time Travel Possible? Key Takeaway: Time travel, the idea of moving between different points in time, has been a popular fantasy for centuries. However, the question of whether time is reversible remains unresolved in science. The second law of thermodynamics suggests that the universe can either remain the same or become more disordered over time. Albert Einstein’s theory […] Written by Adi Foord November 14, 2023November 14, 2023 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