EDITOR'S PICK PHILOSOPHY PSYCHOLOGY Do The Super Rich Take More Risks Than Normal People? Key Takeaway: The tragedy of the Titan submersible has raised questions about why people would pay money for risk-taking experiences. Research shows that people with a net wealth of at least €1 million are typically extroverts and tolerant of risk, making them more drawn to thrill-seeking and risk-taking activities. However, personality is not set in […] 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 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
EDITOR'S PICK TECHNOLOGY What’s The Difference Between A Metaverse And A Virtual World? Preparing a session for the IE University faculty on the metaverse that I delivered on Wednesday, I came across a good article that classified the attributes needed to establish, explain or understand the differences between the metaverse as such, and proposals such as Meta’s Horizon Worlds and the like. As far as I’m concerned, Meta’s idea of […] Saving Bookmark this article Bookmarked
EDITOR'S PICK POLITICS SCIENCE The End Of Plastic One of the greatest lies ever sold to humanity is the recyclability of plastics. The three green arrows placed on packaging were supposed to be a symbol of progress — a symbol that we would take better care to reuse materials and lessen the strain on our planet. Instead, the recycling icon became the opposite. […] Saving Bookmark this article Bookmarked
EDITOR'S PICK ENTREPRENEURSHIP STRATEGY How Organisations Create Intrinsic Value Value creation is the essence of business. Value is what attracts and keeps customers. Value is what attracts and retains employees. It’s also what attracts and maintains relationships with investors, suppliers, distributors and the wide range of other stakeholders who are critical to the firm’s long-term success. A business that does not create value will eventually […] Saving Bookmark this article Bookmarked
EDITOR'S PICK PHILOSOPHY POLITICS PSYCHOLOGY STRATEGY Machiavelli: How To Play The Game Of Power Niccolò Machiavelli was a 16th Century Italian philosopher and political commentator, best known for his 1513 work, The Prince. In this infamous work, he outlined guidance on suitable behaviour for royals and aristocrats, which essentially extended to the premise “the ends justify the means”. In other words, rulers’ immoral, cruel and criminal actions are justified if […] Saving Bookmark this article Bookmarked
CALLUM CONNECTS PIYASAK UKRITNUKUN, MD Abandoning his hopes of studying for an MBA, Piyasak Ukritnukun has turned a relatively small lending company into a billion dollar financial inclusion company. What’s your story? I was born in the US and came back to Thailand to study at Thammasat Business School in 1999. After college, I spent two years with Boston Consulting Group […] Saving Bookmark this article Bookmarked
CALLUM CONNECTS ENTREPRENEURSHIP INTERVIEWS ALEX NG, Founder and Director Never one to be constrained by convention, Alex Ng has created Singapore’s first unstaffed store, powered by AI. What’s your story? Since I was young, I have had the habit of choosing less popular or niche decisions. For example, instead of playing computer games during my secondary school days, I found more enjoyment in selling […] Saving Bookmark this article Bookmarked
CALLUM CONNECTS ENTREPRENEURSHIP INTERVIEWS MINESH PORE, Co-Founder and CEO Minesh Pore has used his global trade expertise to create a ‘dating’ agency where buyers can meet suppliers and BuyHive does the crucial bits in the middle. What’s your story? BuyHive wanted to solve the problem of trust and transparency in sourcing to improve buyers’ outcomes, especially with the assumptions that the growing segment of […] Saving Bookmark this article Bookmarked
How China’s Property Crisis Will Impact Global Tourism Key Takeaway: The COVID-19 pandemic has impacted the Chinese travel industry, with a slow return to global flights due to the country’s struggling real estate sector. China’s largest developer, Country Garden, lost $7.1 billion in the first six months of 2023, and investors are concerned about potential debt default. Local governments heavily rely on tax […] Written by Zhiyong Yang September 15, 2023September 15, 2023 Saving Bookmark this article Bookmarked
The Price Of Love: Hidden Costs Of Modern Dating Key Takeaway: The average American spends $120,000 on romantic activities, leading to a significant amount of “dating debt” among millennials and Gen Z. This debt accumulation is attributed to the desire to signal status and the persuasive retail marketing of luxury as synonymous with love. Luxury brands like Gucci and Tiffany use strategic marketing tactics […] Written by Mark Lee September 14, 2023September 14, 2023 Saving Bookmark this article Bookmarked
The Psychology Of Fyre Festival II Key Takeaway: The founder of the 2017 Fyre Festival, William “Billy” McFarland, has announced plans for a second attempt at the festival, with a target date of the end of 2024. McFarland, who was charged with several fraud offences and sentenced to six years in prison, has been promoting the event on Instagram. The promotion […] Written by Yaniv Hanoch September 8, 2023September 8, 2023 Saving Bookmark this article Bookmarked
What Exactly Is Nudge Theory? Key Takeaway: The concept of “nudge theory” has gained prominence 15 years after its 2008 book, “Nudge: Improving Decisions about Health, Wealth and Happiness.” The book, which inspired politicians like Barack Obama and David Cameron, led to the creation of government teams to incorporate nudge theory into public policy. However, the success of these nudges […] Written by Stuart Mills September 7, 2023September 7, 2023 Saving Bookmark this article Bookmarked
The Age Of Nanotechnology Key Takeaways: Nanotechnology is set to revolutionize clothing, transportation, and transportation. Clothing will be tailored to individual needs, with synthesizers in closets creating clothing that fits perfectly. Nanosuits, made of 5 microns thick fabric, will cover the wearer’s body, allowing separate holes for individual hairs and making them weightless. This technology will double the amount […] Written by Ella Alderson September 6, 2023September 6, 2023 Saving Bookmark this article Bookmarked
What’s The Point Of Art? Key Takeaway: Art, or art, has a significant role in human endeavour, as it was used by early humans during the Upper Palaeolithic period, 40,000 to 12,000 years ago, to articulate social norms among small hunter-gatherer groups. Art objects have special resonance because they come into being through human agency, involving considerable emotional investment. Art […] Written by Empirics Asia September 5, 2023September 5, 2023 Saving Bookmark this article Bookmarked
Who Cleans Up Space Junk? With more countries landing on the Moon, the issue of space debris becomes increasingly concerning. The lack of governance and regulation is worrisome as space becomes more congested with satellites and junk. Written by Empirics Asia September 4, 2023September 5, 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
