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
EDITOR'S PICK SOCIOLOGY How Technology Steals Our Time Key Takeaway: Technology is supposed to make our lives easier, but it is causing us to spend more time on tasks that wouldn’t be possible without technology. A study of 300 people across Europe found that people are filling empty periods with tasks that wouldn’t be possible without technology, such as brain training apps and […] 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 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
The Roots Of “Wabi-Sabi” Key Takeaway: Wabi-sabi is a traditional Japanese aesthetic that emphasizes the beauty of something imperfect or unfinished. It is derived from the classical Japanese verb “wabu,” which means to languish or be miserable. Wabi-cha, which literally means miserable tea, is a more severe and austere style of presentation. Wabi-style tea may reach its pinnacle in […] Written by Paul Atkins March 20, 2024March 20, 2024 Saving Bookmark this article Bookmarked
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 […] Written by Heather He March 19, 2024March 19, 2024 Saving Bookmark this article Bookmarked
Why MH370 Is Still A Mystery Key Takeaway: Malaysian Airlines Flight MH370 disappeared less than an hour after take-off in March 2014, leaving a massive mystery. The plane’s flight path was a mystery, with intermittent satellite location information suggesting it was flown south on a different path. The search involved over 300 flights, surface and submersible vehicle surveys, and was one […] Written by Jamie Pringle March 12, 2024March 12, 2024 Saving Bookmark this article Bookmarked
The Future Of Spacesuits Key Takeaway: The Polaris Dawn mission, which includes the first spacewalk organized by a private company, has been delayed due to complications with the design and development of a suitable spacesuit. Moon suits are a key element of Nasa’s Artemis lunar programme that have yet to be delivered. Spacesuits are no longer expected to be […] Written by Yang Gao March 11, 2024March 11, 2024 Saving Bookmark this article Bookmarked
Why We Will Never Master The Financial Markets Key Takeaways: Stock market enthusiasts often claim to predict financial market trends with great accuracy, but this is not possible due to the uncertainty and unpredictable nature of the environments in which we make daily decisions. Human cognition tends to favor a reductionist approach to information processing, sometimes called “tunneling,” which can lead to biased […] Written by Benoît Béchard March 8, 2024March 8, 2024 Saving Bookmark this article Bookmarked
Is There Life On Europa? Key Takeaway: The Juno mission has sampled Jupiter’s atmosphere for the first time, revealing that Europa’s icy surface produces less oxygen than previously thought. Europa has an ocean below its icy surface with twice the amount of water as Earth’s oceans and an ocean floor in contact with rock, enabling chemical water-rock interactions that produce […] Written by Andrew Coates March 7, 2024March 7, 2024 Saving Bookmark this article Bookmarked
The Halo Effect Key Takeaway: A recent study suggests that the “halo effect” is more complicated than previously thought, as attractive people may receive more help from strangers, higher wages, and more job opportunities. This can lead to more favorable treatment in life, such as lighter prison sentences. However, in court, jurors show biases, and more attractive defendants […] Written by Robin Kramer March 6, 2024March 6, 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