EDITOR'S PICK SCIENCE Is Fusion Power Our Future? Key Takeaway: Nuclear fusion could be a promising solution to climate change and energy security issues, as it offers a clean, abundant, and safe energy source. However, the technology’s realisation may come into tension with the issues it aims to solve. The technology’s appeal may mask deeper ethical questions, such as environmental sustainability and the […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE Why We Will Never Master The Financial Markets Key Takeaways: Stock market enthusiasts often claim to predict financial market trends with great accuracy, but this is not possible due to the uncertainty and unpredictable nature of the environments in which we make daily decisions. Human cognition tends to favor a reductionist approach to information processing, sometimes called “tunneling,” which can lead to biased […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK The Story Of Birkenstock: Unlikely Rise Of A Billion Dollar Brand Key Takeaway: Birkenstock, a German shoe brand, has been able to attract fashionistas and hippies to its flexible arch supports, despite its negative image. The brand, founded in 1774, has evolved from orthopaedic footwear to fashion, with its initial public offering predicted to be the third-largest US listing so far in 2023. Birkenstock’s “bubble up” […] 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
ENTREPRENEURSHIP Why Did Signature Bank Fail? Key Takeaway: The failures of SVB and Signature Bank were caused by two major risks: interest rate risk and liquidity risk. Interest rate risk caused the market value of previously issued debt to plunge, especially for longer-dated debt. Liquidity risk is the risk that a bank won’t be able to meet its obligations without incurring […] 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 FINANCE Do Financial “Poison Pills” Work? Key Takeaways: Corporate executives engage in top-secret talks, with one company or group of investors making a bid for another business. But other takeovers are more hostile in nature. Not every company wants to be taken over. This is the case with Elon Musk’s US$43 billion bid to buy Twitter. But if the company has […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE Does The Stock Market Extract Wealth? 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 […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK SOCIOLOGY STRATEGY Game Theory: Finite And Infinite Players Of finite and infinite play, only one of these modalities exists to limit play — to win, and end play for everyone. In the process, it limits our collective reach, as human beings. Finite play issues, frankly, from a broken spirit, or soul. The other, by contrast, exists to continue play — without prejudice, or end — and […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK SOCIOLOGY STARTUPS The Relationship Economy Terry Mollner — whose Calvert Impact Capital funds are the world’s largest, at $9 billion (or $12 billion, depending on what source you cite) — is one of the great pioneers of a new economy based on meaningful relationshipsand the common good — a conceptual framework that is increasingly called ‘Game B’ these days, as an alternative to the prevailing […] 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
Unveiling The Mysteries Of Death: The Human Autopsy Key Takeaway: An autopsy is a methodical, often quiet, and respectful examination of the body to uncover the truth about a death. It is conducted when the cause of death is unclear and the dignity of the deceased is a guiding principle. Autopsies are categorized into two types: non-coronial and coronial. Non-coronial autopsies are conducted […] Written by Empirics Asia August 23, 2024August 23, 2024 Saving Bookmark this article Bookmarked
The 3 Most Intriguing Philosophy Paradoxes Key Takeaway: Ancient Greek paradoxes were not just philosophical exercises but mental traps designed to expose contradictions and inconsistencies. They challenged the assumptions of language and the concept of truth, revealing the limitations of language and the power of presuppositions. The liar paradox, attributed to Eubulides of Miletus, forces us to question whether some questions […] Written by Empirics Asia August 22, 2024August 22, 2024 Saving Bookmark this article Bookmarked
The Human Heart: An Evolutionary Puzzle Key Takeaway: Researchers have discovered that the human heart is an outlier, distinctly different from the hearts of great apes. The human heart evolved in response to specific challenges faced by our species, such as an upright posture and larger brains. The smooth interior wall of the left ventricle of the human heart allows it […] Written by Empirics Asia August 21, 2024August 21, 2024 Saving Bookmark this article Bookmarked
The Brewing Storm In The Coffee Industry Key Takeaway: The coffee industry is facing a potential reckoning as rising prices threaten to slow its expansion. Giuseppe Lavazza, the head of the iconic Italian coffee brand, suggests that consumers in the U.S. might see prices increase by 20%-25% over the next year. The price of a latte or flat white is becoming pricier, […] Written by Empirics Asia August 20, 2024August 20, 2024 Saving Bookmark this article Bookmarked
The Psychology Of Being Stranded In Space Key Takeaway: NASA Commander Barry Wilmore and pilot Sunita Williams are stranded in space after their Boeing Starliner encounters technical issues during its journey to the International Space Station (ISS). The astronauts face an extended mission, potentially delayed by six months, due to the uncertainty surrounding their return. The astronauts’ situation is similar to those […] Written by Empirics Asia August 19, 2024August 19, 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
