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 SOCIOLOGY Is Journalism Still A Viable Vocation? Key Takeaway: The shrinking press corps in the US has led to a decline in journalism, with many reporters and editors leaving the profession due to burnout. This has not only affected civil society but also led to reduced political engagement and oversight of those in power. Journalism is attractive to many people because it […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE How To Tell If Conspiracy Theory Is False Key Takeaway: Conspiracy theories are prevalent and can involve various factors. People believe false conspiracy theories for various reasons, such as the existence of real conspiracies. However, unfounded conspiracy theories often lack evidence and substitute elements that should be red flags for skeptics. To vet a claim, one should seek out evidence, test the allegation, […] Saving Bookmark this article Bookmarked
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
BUSINESS & ECONOMICS EDITOR'S PICK STRATEGY TECHNOLOGY How A.I. Will Threaten SEO Key Takeaway: Generative AI tools like ChatGPT are expected to improve internet searching for users by providing answers from the entire internet. However, concerns include opacity over information sources, potential for “hallucinated” answers, and copyright issues. The growing use of generative AI could potentially destroy the US$68 billion search engine optimization industry, which has helped […] Saving Bookmark this article Bookmarked
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
What Lies Inside Quantum Black Holes? Key Takeaway: The concept of the “cosmic censorship conjecture” suggests that singularities within the universe are hidden within black holes, providing a protective barrier. However, the integration of quantum mechanics challenges this idea, creating “quantum black holes” that obey the subatomic world’s rules. These quantum entities must account for effects like negative energy, which does […] Written by Empirics Asia December 2, 2024December 2, 2024 Saving Bookmark this article Bookmarked
The New Frontier Of Time Key Takeaway: The second, the fundamental unit of time, is being refined through advancements in timekeeping technology. Throughout history, humans have sought to track time with greater precision, starting with the Neolithic site of Newgrange in Ireland. In 1967, the International System of Units established that a second corresponds to 9,192,631,770 oscillations of radiation emitted […] Written by Empirics Asia November 29, 2024November 29, 2024 Saving Bookmark this article Bookmarked
The Birth Of Fractals Key Takeaway: A visiting professor from Canada delivered lectures on complex dynamics, revealing breathtaking visuals of fractals, a realm pioneered by Benoit Mandelbrot. Mandelbrot’s groundbreaking work transformed how mathematicians approached their work, legitimizing the use of pictures in mathematics and challenging the field’s traditional reliance on purely analytical methods. His groundbreaking work, “The Fractal Geometry […] Written by Empirics Asia November 25, 2024November 25, 2024 Saving Bookmark this article Bookmarked
The Universe’s Biggest Mystery: Why Are We Here? Key Takeaway: Recent research by physicists has revealed that our universe may not be optimal for intelligent life. The mysterious force known as dark energy accelerates the universe’s expansion, but its value is far smaller than theoretical expectations. Researchers used anthropic reasoning to explain this, arguing that the properties of the universe must align with […] Written by Empirics Asia November 22, 2024November 22, 2024 Saving Bookmark this article Bookmarked
The Test Of Human Intelligence Key Takeaway: Scale AI has launched the initiative “Humanity’s Last Exam” to determine the capabilities of cutting-edge large language models (LLMs) like Google Gemini and OpenAI’s o1. The initiative aims to determine how close we are to achieving AI systems that rival human expertise. The challenge lies in evaluating intelligence in machines that can already […] Written by Empirics Asia November 21, 2024November 21, 2024 Saving Bookmark this article Bookmarked
When Reality Fractures Key Takeaway: Researchers have discovered that delusions, which are convictions that cling to a distorted view of reality, are a result of the same cognitive pathways that produce everyday beliefs. Delusions often defy common sense but emerge when the system of meaning-making veers off course. A case of postpartum psychosis revealed that a woman experienced […] Written by Empirics Asia November 20, 2024November 20, 2024 Saving Bookmark this article Bookmarked
The Rise And Fall Of Volkswagen Key Takeaway: Volkswagen, once a symbol of German industry and co-management between shareholders and unions, is facing a crisis due to strategic missteps, a convoluted governance structure, and a culture that often prioritizes control over innovation. The company’s journey began in 1937 with the Beetle, which became the world’s largest carmaker in the 1980s and […] Written by Empirics Asia November 19, 2024November 19, 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