EDITOR'S PICK PHILOSOPHY Are We Living In A Simulation? Key Takeaway: Rene Descartes suggests that nothing truly exists, suggesting that the mind is real but may be deceived by a higher power. Descartes theory led to an experiment called The Brain in a Vat, which suggests that humans are bodyless with their brains in a vat controlled by supercomputing. Clara Moskowitz suggests that our […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE The Tragic Truth Of Venture Capital Key Takeaway: J.P. Morgan saved the financial system in 1907 by pledging $8 million to the next domino, the Trust Company of America, and convincing a dozen other banks and the U.S. Treasury to deposit $70 million into other vulnerable banks. Bank of America is backed by a safety net of federal agencies, such as […] 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 FINANCE The Challenges Ahead For Bitcoin In 2023 Key Takeaway: Bitcoin has rallied over 53% since its low of US$15,476 in November, suggesting the bottom has finally been reached for the leading cryptocurrency. Retail investors have been buying bitcoin aggressively, while institutional investors have been offloading, suggesting a fall could be imminent. Bitcoin will reach the Wyckoff accumulation phase when institutional investors decide […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE TECHNOLOGY Important Lessons From FTX’s Collapse Key Takeaways: Cryptocurrency exchanges are sometimes described as being like stock exchanges. But they are very different to the likes of the London or New York stock exchanges, which are highly regulated and serve a regulatory function. Cryptocurrency exchanges make money by helping “mum and dad” investors into the market. Seven of the world’s ten biggest crypto […] Saving Bookmark this article Bookmarked
ART & DESIGN EDITOR'S PICK TECHNOLOGY NFTs In The Art World: Revolution Or Rip-Off? Key Takeaways: Non-fungible tokens (NFTs) are digital objects that represent something else, such as a work of art, a video or even a tweet. They certify the existence and the ownership of this item through a data recording on a blockchain (a distributed ledger technology) NFTs are most often bought and resold via auction sites, […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE Lessons From The Dramatic Collapse Of Crypto-Exchange FTX In the fast-paced world of cryptocurrency, vast sums of money can be made or lost in the blink of an eye. In early November 2022, the second-largest cryptocurrency exchange, FTX, was valued at more than US$30 billion. By Nov. 14, FTX was in bankruptcy proceedings along with more than 100 companies connected to it. D. Brian Blank and Brandy Hadley are […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE The Global Debt Crisis & How We Can Solve It Key Takeaways: Countries across the world are drifting towards a debt crisis. Unfortunately for many emerging economies, the reserves they hold are simply not enough to cover all of these demands – especially after energy prices soared when Russia invaded Ukraine. Other countries are turning to some of the oil-rich gulf states currently profiting from […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK STRATEGY The Strategies Of Tech Giants For Economic Downturn Key Takeaways: Rising inflation and looming recessions are squeezing household finances, but businesses also worry about an economic downturn. With the Standard & Poor’s 500 stock market index down 17% in the year to date, and the Nasdaq 100 tech sector index down 33%, market uncertainties can affect a company’s ability or willingness to spend […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK Getting To Net-Zero Key Takeaways: With the federal government promising over US$360 billion in clean energy incentives under the Inflation Reduction Act, energy companies are already lining up investments. Some have resisted clean energy mandates. At a regional scale, industry leaders said, it can be easier to identify shared goals. However, as utilities from more far-flung (and less […] Saving Bookmark this article Bookmarked
The Building Blocks Of The Universe Key Takeaway: Peter Higgs, the creator of the Higgs boson, has died at the age of 94. Higgs, a great scientist in particle physics, discovered the Higgs boson in 1964 after reading a paper by American theoretical physicist Philip Anderson. This led to the development of the Standard Model, which explained how fundamental particles and […] Written by Harald Fox April 16, 2024April 16, 2024 Saving Bookmark this article Bookmarked
The Inherent Risks Of A.I. Key Takeaway: Leading scientists and technologists often make terrible predictions about the direction of innovation, leading to misalignments between a company’s economic incentives to profit from its proprietary AI model and society’s interests in how the AI model should be monetised and deployed. Focusing on the economic risks from AI is not just about preventing […] Written by Mariana Mazzucato April 15, 2024April 15, 2024 Saving Bookmark this article Bookmarked
When Will Quantum Computers Actually Become Practical? Key Takeaway: Quantum computing, which uses entanglement to represent information, has the potential to revolutionize everyday life. However, the development of quantum computers has been slow due to the need to demonstrate an advantage over classical computers. Only a few notable quantum algorithms have been developed, such as the BB84 protocol and Shor’s algorithm, which […] Written by Adam Lowe April 4, 2024April 4, 2024 Saving Bookmark this article Bookmarked
Predicting China’s Economy In 2024 Key Takeaway: China’s leaders have declared a GDP growth target of 5% in 2024, despite facing economic problems and a property crisis. The country’s rapid economic growth has been attributed to market incentives, cheap labor, infrastructure investment, exports, and foreign direct investment. However, none of these drivers are working effectively. The government’s determination to deflate […] Written by Hong Bo April 3, 2024April 3, 2024 Saving Bookmark this article Bookmarked
The Future Of Human Computing Key Takeaway: Neuralink, founded by Elon Musk, aims to implant a brain-computer interface (BCI) in people’s brains, allowing them to control computers or phones by thought alone. This technology holds the promise of alleviating human suffering and allowing people with disabilities to regain lost capacities. However, the long-term aspirations of Neuralink include the ability to […] Written by Allan McCay April 2, 2024April 2, 2024 Saving Bookmark this article Bookmarked
The Real Mystery Of Sand Dunes Key Takeaway: Sand dunes, primarily formed of quartz and feldspar grains, can also be formed from ash, snow, and gypsum. They can record a history of climate changes and can be enormous, with the largest being as tall as skyscrapers. Only a fifth of deserts are covered by sand dunes, and only about a fifth […] Written by David Thomas April 1, 2024April 1, 2024 Saving Bookmark this article Bookmarked
The Economics Of Betrayal Key Takeaway: Judas Iscariot, a disciple of Jesus, is often associated with treachery and betrayal due to his loyalty. However, research suggests that acts of betrayal are rare, as most humans can be trusted due to their interests. In a trust game, the sender can keep the money or send it to the receiver, who […] Written by Renaud Foucart March 29, 2024March 29, 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
