BUSINESS & ECONOMICS EDITOR'S PICK PSYCHOLOGY 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 […] Saving Bookmark this article Bookmarked
EDITOR'S PICK POLITICS SOCIOLOGY Some Silicon Valley Investors Are Trying To Create A Utopian City Key Takeaway: George Bernard Shaw referred to Ebenezer Howard’s “garden cities” concept in the late 19th and early 20th centuries, which he believed would offer the advantages of town and country without the drawbacks. Recently, a Silicon Valley consortium called Flannery Associates purchased land for California Forever, a contentious project that echoes Howard’s ideas. Howard’s […] 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
EDITOR'S PICK SCIENCE TECHNOLOGY Nuclear Propulsion Is Almost Here Key Takeaway NASA and DARPA are collaborating on a nuclear rocket engine to accelerate space exploration, reducing transit time and providing higher payload capacity. This technology offers a competitive advantage in military defense, scientific inquiry, and commerce. The US is developing DRACO, a nuclear engine, spacecraft, and launch vehicle by 2027, using high-assay low-enriched uranium […] Saving Bookmark this article Bookmarked
EDITOR'S PICK TECHNOLOGY Is Web3 A Fad? Key Takeaway: Web3 is an alternative vision of the web where the services are purely algorithmic things hosted by everybody, and has been called “the hyperfinancialization of all human existence”. Data is no longer easily accessible, making it difficult for entrepreneurs to acquire more users, leading to a stagnant cycle. Web3 startups have focused on […] Saving Bookmark this article Bookmarked
EDITOR'S PICK PHILOSOPHY What Is Effective Altruism? Key Takeaway: Effective altruism is an intellectual and charitable movement that seeks to find the best ways to help others. It was inspired by the philosopher Peter Singer and has gained traction due to its popularity among some extremely wealthy donors, such as Dustin Moskovitz, who co-founded Facebook and the Asana digital work management platform. […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE What Ancient Wisdom Can Teach Us About Finance Key Takeaway: The rate of species extinctions as a result of human activity is at least 1,000 times higher than the natural rate. The effects of business on our climate are also clear, with 71%of the world’s fossil fuel emissions coming from just 100 multinational corporations. They aim to work within the nature and limits […] Saving Bookmark this article Bookmarked
CALLUM CONNECTS INTERVIEWS Jeffrey Liu – Co-Founder & CEO of Jenfi This article was originally published here: Jeffrey Liu – Co-Founder & CEO of Jenfi The desire to help others grow their companies through increased funding is what motivates Jeffrey Liu What’s your story? I’m the co-founder and CEO of Jenfi, a fintech company that provides revenue based financing to digital native companies in Asia. In […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE China Property Crisis: Why The Chinese Housing Market Is Collapsing Key Takeaways: China has been trimming interest rates recently – in contrast to other major economies – as it tries to stem the economic effects of its zero-COVID policy and address a growing property crisis. Overall, these buyers believe loose regulation of funds has provided some developers with both the temptation and ability to keep […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK TECHNOLOGY A Company In The Clouds Key Takeaways: The influential US venture capital firm Andreessen Horowitz, commonly known as a16z, which is based in Menlo Park, California, has just announced in a post on its corporate blog written by one of its founders, Ben Horowitz, that it is “moving to the cloud”. Cloud computing has been around for some time. The […] Saving Bookmark this article Bookmarked
The Most Expensive Material Used In Science Key Takeaway: NASA is set to return samples from the asteroid Bennu in the early 2030s to determine if any contain traces of ancient life. The cost of sample return is $132 million per ounce, or $4.7 million per gram, which is about 70,000 times the price of gold. The first extraterrestrial material returned to […] Written by Chris Impey November 24, 2023November 24, 2023 Saving Bookmark this article Bookmarked
A Guide To The Ideas Of Modern Philosopher Slavoj Žižek Key Takeaway: Slavoj Žižek, a philosopher and cultural theorist, has written numerous books on various topics, including philosophy, psychoanalysis, pop culture, and commentary on recent events. He is known for his controversial debate with Jordan Peterson in 2019 about the connection between Marxism, capitalism, and happiness. Žižek’s work often critiques political ideologies, which can explain […] Written by Empirics Asia November 23, 2023November 23, 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
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 […] Written by Matthew Ricketson November 7, 2023November 7, 2023 Saving Bookmark this article Bookmarked
Do Racehorses Even Know They’re Racing? Key Takeaway: Horse racing is a spectacle where horses race to win a race. From a horse’s perspective, winning a race has few intrinsic rewards. While being first to reach the finishing post is important for the horse’s human connections, there is little direct benefit to motivate it to voluntarily gallop faster. Horses are social […] Written by Cathrynne Henshall November 6, 2023November 6, 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
