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 PHILOSOPHY Philosophy In The Age Of A.I. Key Takeaway: OpenAI, a leading AI research and development company, has announced plans to build a new team and allocate 20% of its computing resources to align AI systems with human values. The company is aiming to prevent artificial superintelligences from waging war on humanity. Philosophy has been instrumental to AI since its inception, with […] Saving Bookmark this article Bookmarked
ART & DESIGN EDITOR'S PICK The Essence Of Surrealism Key Takeaway: André Breton’s “Manifesto of Surrealism” in 1928 sparked an art movement known for creating bizarre hybrids of words and images, often generated through chance. This approach was believed to stimulate the unconscious mind to cultivate new insights. Surrealist artists like Max Ernst used techniques like decalcomania and the “exquisite corpse” to create unique […] Saving Bookmark this article Bookmarked
ART & DESIGN EDITOR'S PICK TECHNOLOGY The Science Fiction Feedback Loop Key Takeaway: OpenAI CEO Sam Altman sparked controversy by referencing the 2013 movie “Her” to highlight the novelty of ChatGPT’s latest iteration. Actor Scarlett Johansson accused the company of improperly using her voice after she spurned their offer to make her the voice of ChatGPT’s new virtual assistant. This highlights the “sci-fi feedback loop,” which […] Saving Bookmark this article Bookmarked
ART & DESIGN EDITOR'S PICK The Source Of Surrealism Key Takeaway: Surrealist artists, such as Man Ray and Salvador Dalí, used randomness in their artistic practice to create unique and captivating images. Techniques like decalcomania, where paint is applied to a surface, and the “exquisite corpse” where sentences are divided into different parts of speech, have been applied to various creative ventures. The Blackwing […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE The Greater Secrets Of Stonehenge Key Takeaway: A project involving archaeologists, astronomers, and photographers from English Heritage, Oxford, Leicester, and Bournemouth universities, as well as the Royal Astronomical Society, aims to study the lunar alignment at Stonehenge. The project aims to identify the layout of certain stones and the major lunar standstill, which occurs when the northernmost and southernmost moonrises […] Saving Bookmark this article Bookmarked
ART & DESIGN EDITOR'S PICK POLITICS The Problem With Fashion Key Takeaway: The fashion industry relies on storytelling to create fashionable garments and spread positive messages about issues. However, it can also drive overconsumption and perpetuate unrealistic beauty expectations. The industry’s global reach allows for easy sharing of visual cues and messaging, especially during times of social and political unease. The UN’s report urges storytellers, […] Saving Bookmark this article Bookmarked
ART & DESIGN CULTURE EDITOR'S PICK How To Tell If Luxury Goods Are Worth It Key Takeaway: Designer fashion has seen significant growth since the pandemic, with luxury brands like Louis Vuitton and Burberry experiencing 86% higher sales growth. The rise of athleisure and designer collaborations like Manolo Blahnik for Birkenstock, Gucci x Adidas, and Burberry x Supreme have made luxury more accessible. However, high prices can affect the longevity […] Saving Bookmark this article Bookmarked
CULTURE EDITOR'S PICK Why ‘Friends’ Is So Special To So Many Of Us Key Takeaway: Matthew Perry, best known for his role as Chandler Bing in the popular television series Friends, has passed away at 54. Friends, a popular sitcom, has maintained an average of over 20 million viewers each season and has been a source of comfort and connection for viewers. The show’s likeable characters and relatable […] 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
Birkin Under Seige: Unlikely Challenge Of A Luxury Icon Key Takeaway: The “Wirkin” bag, a $78 imitation of Hermès’ Birkin bag, has gained popularity on TikTok, attracting millions of users. The bag, a clever portmanteau of “Walmart” and “Birkin,” allows everyday consumers to partake in high-end fashion without the exorbitant cost. The trend reflects a broader shift in societal values, where symbols of wealth […] Written by Empirics Asia January 14, 2025January 14, 2025 Saving Bookmark this article Bookmarked
Fusion: The Move Towards Unlimited Clean Energy Key Takeaway: In 2022, scientists achieved the “experiment of the century” at Lawrence Livermore National Laboratory, marking the first time a fusion reaction produced more energy than consumed. This achievement has attracted billions of dollars in private investment, particularly in the United States, to advance fusion technology. However, a myriad of engineering challenges remain before […] Written by Empirics Asia January 13, 2025January 13, 2025 Saving Bookmark this article Bookmarked
The Biological Cost Of Loneliness Key Takeaway: A study by the University of Cambridge and Fudan University has found that loneliness is a significant health risk, with 25% of older adults and 15% of adolescents suffering from it. The research identified five proteins, including GFRA1, ADM, and FABP4, that are significantly elevated in individuals experiencing loneliness, which play key roles […] Written by Empirics Asia January 7, 2025January 7, 2025 Saving Bookmark this article Bookmarked
How A Japanese Show Revolutionised Global Startup Culture Key Takeaway: The Japanese show “Money Tigers” revolutionized global startup culture by introducing a risk-averse economic culture to entrepreneurs pitching their ideas to wealthy angel investors. This format, inspired by “Dragons’ Den” and “Shark Tank,” has sparked 50 adaptations worldwide, with over $1 billion in investments reported by 2024. Before the global success of Dragons’ Den or Shark […] Written by Empirics Asia January 6, 2025January 6, 2025 Saving Bookmark this article Bookmarked
What We Can Expect From Science In 2025 Key Takeaway: 2025 is expected to be a groundbreaking year with technological innovation, space exploration, and scientific discovery. Artificial intelligence is leading the charge, tackling challenges like antibiotic resistance and material design. Space exploration is also on track, with missions like NASA’s Artemis II and India’s Gaganyaan launching. Brain-machine interfaces, quantum computing, and nuclear fusion […] Written by Empirics Asia January 3, 2025January 3, 2025 Saving Bookmark this article Bookmarked
The Device That Transformed Philosophy Forever Key Takeaway: Friedrich Nietzsche’s creative process was a transformation driven by technology, transforming his writing style and offering profound insights into how tools of expression influence thought. By 1881, Nietzsche turned to the Malling-Hansen writing ball, an advanced mechanical typewriter, which increased his productivity and influenced his writing style. This shift reflected a broader evolution […] Written by Empirics Asia January 2, 2025January 2, 2025 Saving Bookmark this article Bookmarked
Is A.I. Redefining Business Success? Key Takeaway: Generative AI is revolutionizing the business landscape by providing instant, high-quality results without high costs or delays. It allows small businesses to create professional menus, provide round-the-clock customer support, and analyze social media trends. AI also reduces infrastructure investments, making it more accessible and cost-effective. This shift has redefined the equation for success, […] Written by Empirics Asia December 31, 2024December 31, 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