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 SCIENCE Xenolinguistics: The Key To Understanding Alien Language Key Takeaway: In the 2016 sci-fi film “Arrival,” humanity faces the challenge of deciphering an alien language composed of circular, palindromic symbols. AI research, known as “emergent communication,” allows researchers to study language formation within a controlled environment, mimicking how linguistic structures could emerge from scratch. AI agents, or digital “beings,” evolve ways to describe […] Saving Bookmark this article Bookmarked
EDITOR'S PICK PSYCHOLOGY SOCIOLOGY How Materialism Shapes Modern Relationships Key Takeaway: Materialism, the belief that wealth and possessions define happiness and self-worth, is causing a decline in relationships, particularly among younger generations. This shift is fueled by media portrayals of unrealistic standards and financial strain. To counteract this, producers and marketers should focus on qualities like trustworthiness, honesty, and affection, rather than material achievements. […] Saving Bookmark this article Bookmarked
EDITOR'S PICK PSYCHOLOGY SCIENCE Why Forgetting Is Essential: The Hidden Power Of Memory Loss Key Takeaway: Memory research has long explored the reasons behind forgetting, with the “forgetting curve” illustrating that people lose details of new information quickly after learning it. Memory formation involves strengthening synapses, making the memory more resilient. Memory is also adaptive, constantly evolving to handle new information. This adaptability is vital for navigating minor changes […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE Tiny Titans In Space: A Revolution In Space Exploration Key Takeaway: CubeSats, affordable, lightweight satellites, are revolutionizing space exploration by focusing on single scientific goals like observing asteroids or tracking water on the Moon. They travel as secondary payloads, minimizing space debris and accelerating discovery. CubeSats are also unlocking mysteries of distant worlds, paving the way for humanity’s dreams of becoming a multiplanetary species. […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK The Flawed Theory Behind Why Nations Prosper Key Takeaway: Daron Acemoglu, Simon Johnson, and James Robinson were awarded the 2024 Nobel Memorial Prize in economics for their book Why Nations Fail, which argued that countries succeed when they adopt inclusive institutions like democracy, while extractive institutions stifle growth by concentrating power and wealth in elites. However, their theory has faced criticism for […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE Cosmic Breakthroughs On The Horizon Key Takeaway: Advancements in telescope technology have led to more discoveries about the universe than ever before. As new, groundbreaking observatories are set to launch over the next 20 years, they are expected to push the boundaries of cosmology even further. Chile is home to two ambitious ground-based telescopes, the Extremely Large Telescope (ELT) and […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK TECHNOLOGY The A.I. Energy Dilemma Key Takeaway: Artificial intelligence (AI) is transforming industries but also causing significant environmental costs. As AI systems require vast computational power, they increase greenhouse gas emissions, making it difficult for companies like Google to achieve net-zero goals by 2030. As traditional energy sources struggle with intermittency, tech leaders are exploring nuclear power, particularly nuclear fusion, […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SOCIOLOGY Extreme Weather Conspiracy Theories: What Is Really Happening? Key Takeaway: Hurricane Milton in Florida sparked a rise in extreme weather conspiracy theories, which often arise after catastrophic events. These theories aim to explain significant events by attributing them to the secret actions of powerful groups. However, these theories often require a plausible group capable of executing the secretive actions they propose. People embrace […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE Can Music Be Bad For Us? Key Takeaway: Music can be a powerful tool for boosting focus and productivity, but its effectiveness depends on factors such as the person, task, and music type. Instrumental music is less distracting, while familiar tunes can help with memorization or problem-solving. However, high volumes can lead to hearing damage, as the hair-like cells inside the […] Saving Bookmark this article Bookmarked
How Venture Capital Is Redefining Military Tech Key Takeaway: Venture capital-backed startups, such as Anduril Industries, are transforming the defense sector by securing multi-million dollar contracts from the US Department of Defense and the UK Ministry of Defence. This surge in AI-driven defense technologies is driven by a relentless appetite for risk and innovation, with venture capital firms playing a pivotal role […] Written by Empirics Asia January 24, 2025January 24, 2025 Saving Bookmark this article Bookmarked
How Ultra-Fast Science Will Transform Our Future Key Takeaway: Attosecond science, a field that earned the Nobel Prize in Physics in 2023, uses ultra-short laser pulses to observe and manipulate matter on timescales previously thought impossible. This breakthrough has implications across various sectors, including computing, renewable energy, medicine, and beyond. Attosecond science harnesses the energy of laser light to emit rapidly moving […] Written by Empirics Asia January 22, 2025January 22, 2025 Saving Bookmark this article Bookmarked
The Rise Of Virtual Microbes? Key Takeaway: Researchers are using genome-scale metabolic models (GEMs) to study the complexities of microbial life, offering innovative solutions to climate change and space challenges. GEMs simulate the vast network of metabolic pathways within living organisms, allowing scientists to test and predict microbial behavior across diverse environments. They provide a detailed framework for understanding organisms’ […] Written by Empirics Asia January 15, 2025January 15, 2025 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 Radical Future Of Data In Space Key Takeaway: The demand for data centers is increasing, but they come with a significant environmental cost. Space-based data centers could be a potential solution, as they can be deployed and scaled with unprecedented speed to meet the surge in data demand. Companies like Lumen Orbit and Ascend are exploring extraterrestrial solutions, leveraging solar energy […] Written by Empirics Asia January 10, 2025January 10, 2025 Saving Bookmark this article Bookmarked
The Biggest Fallacies Of Our Shopping Culture Key Takeaway: As the new year begins, it’s important to challenge consumer myths and adopt a more conscious approach to consumption. The fallacy of “more is better” is a myth that materialistic consumption leads to diminished personal happiness and societal wellbeing. Low-consumption lifestyles can bring personal fulfillment and environmental benefits. The myth of “new equals […] Written by Empirics Asia January 9, 2025January 9, 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