BUSINESS & ECONOMICS EDITOR'S PICK The Comeback Of China’s Tech Billionaires: A New Dawn Or Controlled Market? Key Takeaway: Pony Ma, co-founder of Tencent Holdings, has regained the title of China’s richest individual with a net worth of over A$65 billion. His rise reflects Beijing’s control over its private sector, which aligns with the state’s goals in China’s unique “socialist market economy.” Tencent’s success, including the AAA video game “Black Myth: Wukong,” […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SOCIOLOGY Why Profit Alone Won’t Save Us Key Takeaway: A study by researchers has found that companies can make a difference without sacrificing financial performance by integrating social and environmental concerns into their business strategies. This approach, known as “social profit orientation,” places equal value on financial profits and positive social outcomes. Companies like Mastercard’s Girls4Tech initiative and World Central Kitchen’s Food […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK Reviving State Power: The New Era of Industrial Policy Key Takeaway: State intervention in global economics is gaining momentum, particularly since the 2010s, due to financial crises, geopolitical tensions, and the fragility of global supply chains. The relationship between exports and protectionism is complex, as successful industrial and trade policies often blend export promotion with elements of protectionism. South Korea and Taiwan have used […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE Why Crypto Crashed Key Takeaway: Japan’s stock market plunged 12% on August 5, marking its worst day in 37 years. The fall was triggered by fears of a US economy slowdown, with the Nasdaq index dropping over 6% and the S&P 500 dipping by 4.25%. The US Federal Reserve’s chairman, Jerome Powell, suggested an interest rate cut in […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK STRATEGY The Business Impact Of Reduced Marketing Key Takeaway: A study published in The Journal of Marketing suggests that businesses often cut their marketing budgets for short-term savings, but these cuts can cause long-term problems. The study gathered transcripts of nearly 25,000 earnings calls held by public companies from 2008 to 2019. The more earnings-oriented language in the calls, the more likely […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE Democratising Finance Through Artificial Intelligence Key Takeaway: Artificial intelligence (AI) is revolutionizing investment by making professional financial insight and portfolio management accessible to everyone. AI-powered robo-advisers, such as Betterment and Vanguard, are democratizing investment and providing tailored advice to a new generation of investors. With 31% of gen Zs and 20% of millennials using robo-advisers, the financial industry is adapting […] Saving Bookmark this article Bookmarked
EDITOR'S PICK The Economics Of Rare Whisky Key Takeaway: The whiskey market has been booming for some time, with rare bottles and barrels selling for astronomical prices. The market has been driven by economic factors, with high prices for rare items like rare bottles and barrels, and social factors, such as the increasing focus on the purported authenticity of craft products like […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK STRATEGY The Real Reason Why WeWork Failed Key Takeaway: WeWork, a co-working firm founded by Adam Neumann and Miguel McKelvey in 2010, filed for bankruptcy after announcing its failure. The company, which rented out desks, offices, and meeting rooms to companies and freelancers, promoted itself as a tech company, promising to boost workers’ social interaction and innovation. However, Neumann claimed that the […] Saving Bookmark this article Bookmarked
ART & DESIGN EDITOR'S PICK How The Perception Of Art Changed Over Time Key Takeaway: From the end of Antiquity to around 1250, art was dominated by traditional Byzantine icons, with little room for individual and creative expression. However, the 1400s saw a shift towards humanism in Italy, leading to a burgeoning interest in individual creativity. Artists like El Greco, born in 1541, were expected to be disruptively […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK POLITICS Lego’s Sustainability Dilemma Key Takeaway: Lego, the world’s largest toy manufacturer, has pulled out of its “Bottles to Bricks” initiative, which aimed to replace traditional Lego plastic with recycled plastic bottles. The company found that producing bricks with recycled plastic would require extra materials and energy, leading to higher carbon emissions. This decision is part of a larger […] Saving Bookmark this article Bookmarked
The Future Tech Of Music Is Space-Bending Key Takeaway: Researchers have developed a technology that creates “audible enclaves” in open air, creating highly focused, localized zones of sound. These isolated audio pockets allow sound to materialize only at a precise point in space, unheard by others nearby. This breakthrough could revolutionize public communication, entertainment, military applications, and office design. The process, known […] Written by Empirics Asia April 9, 2025April 9, 2025 Saving Bookmark this article Bookmarked
The Promise And Peril Of A.I. Therapy Key Takeaway: AI-powered mental health tools, such as chatbots and self-help apps, offer immediate emotional support to those in need. However, these tools cannot replace the complexity, depth, and ethical safeguards of human therapy, especially when dealing with serious mental health issues. AI lacks emotional understanding, cultural context, and real-time adaptability, which can be dangerous […] Written by Empirics Asia April 8, 2025April 8, 2025 Saving Bookmark this article Bookmarked
How Hidden Friendships Redefine Animal Intelligence Key Takeaway: Research shows that some animals form surprising partnerships, challenging traditional views on how intelligence evolves in the animal kingdom. For example, Octavia and Finn, a day octopus and coral trout, work as a team, each bringing unique skills to the hunt. Other species have also developed remarkable partnerships, such as the greater honeyguide […] Written by Empirics Asia March 28, 2025March 28, 2025 Saving Bookmark this article Bookmarked
Can A Book Be Dangerous? Key Takeaway: Books have long been a subject of debate, with some being praised for sparking imagination and empathy, while others are feared for warping minds or seducing readers into fantasy. The fear of fiction altering our sense of the world dates back to the early days of the novel, with women often being portrayed […] Written by Empirics Asia March 24, 2025March 24, 2025 Saving Bookmark this article Bookmarked
The Hidden Cost Of Space Key Takeaway: Satellite re-entry, a process where defunct satellites are disposed of, is causing a significant environmental impact on Earth’s atmosphere. As satellite usage increases, researchers are focusing on the re-entry process itself, which releases metal particles into the Earth’s atmosphere. These particles, such as aluminum oxide and lithium, can influence the planet’s energy balance, […] Written by Empirics Asia March 21, 2025March 21, 2025 Saving Bookmark this article Bookmarked
The Science Of Impatience Key Takeaway: Impatience is a common trait in humans, often influenced by our evolutionary past and perception of time and risk in the modern world. Early humans preferred immediate rewards, such as food and resources, as they were more likely to survive in unpredictable conditions. However, modern financial decisions often favor delayed rewards, as our […] Written by Empirics Asia March 20, 2025March 20, 2025 Saving Bookmark this article Bookmarked
A Cosmic Mystery Unraveled Key Takeaway: Astronomers have discovered strange, pulsing radio signals in space, known as long-period transients, that appear far too slow to be attributed to neutron stars. The LOFAR radio telescope has identified the origin of one of these enigmatic signals, revealing a surprising culprit: a white dwarf. The red star, identified as ILTJ1101+5521, emitted bright, […] Written by Empirics Asia March 19, 2025March 19, 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