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 SCIENCE 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 […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK ENTREPRENEURSHIP 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 […] Saving Bookmark this article Bookmarked
EDITOR'S PICK PSYCHOLOGY How Often Do We Lie? Key Takeaway: Lying cases continue to dominate the news cycle, with prominent cases such as Hunter Biden’s alleged lying on a government form and George Santos’ alleged lying to donors. Factors such as audience, medium used to convey the alleged lie, and personal connection influence the telling of lies. Recent empirical research is trying to […] 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
BUSINESS & ECONOMICS EDITOR'S PICK Understanding How Companies Use Dark Patterns Against You Key Takeaways: Dark patterns are clever tricks built into apps and websites to encourage users to do things they may not want to do. They make it easy to accept tracking cookies and agree to terms and conditions while making purchases. These patterns often benefit companies at the expense of consumers. The US Federal Trade […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE TECHNOLOGY The World’s Only Unbreakable Encryption Key Takeaway: Encrypting messages is crucial for protecting our privacy and humanity, and current methods of encryption use integer factorization, which can take billions of years to decrypt. However, the one-time pad (OTP) cipher, the world’s only unbreakable cipher, offers perfect security due to its real-world simplicity. The OTP cipher uses Hardware Random Number Generators […] Saving Bookmark this article Bookmarked
CULTURE EDITOR'S PICK PSYCHOLOGY SOCIOLOGY 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 […] Saving Bookmark this article Bookmarked
EDITOR'S PICK PSYCHOLOGY 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 […] Saving Bookmark this article Bookmarked
EDITOR'S PICK PSYCHOLOGY TECHNOLOGY Does Social Media Warp How People Learn? Key Takeaway: Online algorithms on social media platforms amplify information people are biased to learn from, leading to social misperceptions, conflict, and the spread of misinformation. This mismatch between human psychology and algorithm amplification can result in functional misalignment, leading to incorrect perceptions of the social world and the spread of misinformation. Research on this […] 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
