ART & DESIGN EDITOR'S PICK The Economics Of Art Museums Key Takeaway: Art museums, such as New York’s Metropolitan Museum of Art, have a large number of visitors but struggle to generate revenue. The Met, the world’s third most popular museum, has a budget deficit of $10 million and is laying off over 100 employees. Meanwhile, the Museum of Modern Art (MoMA) is expanding and […] Saving Bookmark this article Bookmarked
EDITOR'S PICK PSYCHOLOGY SCIENCE Are UFOs Actually Aliens? Key Takeaway: UFOs, or unidentified flying objects, have gained popularity in recent years, with 25%-50% of surveyed Americans believing at least some UFOs are alien spacecraft. The popularity of UFOs has been driven by market-driven stories, such as the Roswell Incident and the U.S. Navy’s 2017 Gimbal video. However, multiple investigations have found no evidence […] 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 โฌ1 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 SCIENCE TECHNOLOGY A Technology Bigger Than A.I. Is Coming Key Takeaway Superconductors, which help mitigate energy loss to heat, are essential for efficient electronics and faster transportation. However, superconducting materials require intense pressures or extremely low temperatures, which can lead to resistance and energy loss. Researchers led by Ranga Dias, assistant professor of mechanical engineering and physics at the University of Rochester, have created […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE New Studies Show Bitcoin Has No Mainstream Use And Is More Like Gambling Key Takeaway Bitcoin and other cryptocurrencies are becoming mainstream, but the true success of these cryptocurrencies depends on the average punter selling them for more than they bought them. The Reserve Bank of Australia’s data shows that cryptocurrency is rarely used for buying things, with only 2% of adults using it as a payments instrument. […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK The Dark Side Of Amazon Returns Key Takeaway E-commerce offers convenience but also has a dark side: returns can be costly for retailers, costing them around $816 billion in lost sales in 2022. The return process, including transportation and packaging, generates about 24 million metric tons of carbon dioxide emissions. Returns can travel hundreds of miles, requiring manual unpacking, inspection, and […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SOCIOLOGY Are Rich People More Intelligent? Key Takeaway Intelligence contributes to economic and professional success, but not all highly intelligent people are driven by wealth. Intelligence consists of fluid and crystallised intelligence, which develop differently. Fluid intelligence is inherited and decreases with age, while crystallised intelligence increases throughout adulthood and declines after 65 years. Fluid intelligence builds up crystallised intelligence, which […] Saving Bookmark this article Bookmarked
CULTURE EDITOR'S PICK PHILOSOPHY TECHNOLOGY What It Means To Be Authentic In The Age Of A.I. Key Takeaway: Authenticity is important for both individuals and society, as it is a social glue that reinforces trust. People need to reexamine and recalibrate how authenticity is judged. Social science offers guidance on what makes something feel authentic. George Newman found three dimensions of authenticity: historical authenticity, categorical authenticity, and values and beliefs. Generative […] Saving Bookmark this article Bookmarked
ENTREPRENEURSHIP Why Did Signature Bank Fail? Key Takeaway: The failures of SVB and Signature Bank were caused by two major risks: interest rate risk and liquidity risk. Interest rate risk caused the market value of previously issued debt to plunge, especially for longer-dated debt. Liquidity risk is the risk that a bank won’t be able to meet its obligations without incurring […] Saving Bookmark this article Bookmarked
EDITOR'S PICK TECHNOLOGY The Future Of Taste Key Takeaway: In the past decade dining out has become a cultural touchstone and an essential form of entertainment. Gastronomy tourism continues to rise each year as people travel the world to seek out new dining experiences. After World War II, big shifts in transportation led to the emergence of new types of restaurants. TV, […] Saving Bookmark this article Bookmarked
Are Single People Happier? The Science Of Being Single Key Takeaway: A study published in the Journal of Personality suggests that long-term single people can be secure and thriving, possibly due to their attachment style. The research found that 78% of singles were insecure, with 22% being secure. Secure singles are comfortable with intimacy and closeness in relationships, while anxious singles worry about rejection […] Written by Yuthika Girme April 23, 2024April 23, 2024 Saving Bookmark this article Bookmarked
The Greater Secrets Of Stonehenge Key Takeaway: A project involving archaeologists, astronomers, and photographers from English Heritage, Oxford, Leicester, and Bournemouth universities, as well as the Royal Astronomical Society, aims to study the lunar alignment at Stonehenge. The project aims to identify the layout of certain stones and the major lunar standstill, which occurs when the northernmost and southernmost moonrises […] Written by Fabio Silva April 22, 2024April 22, 2024 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
The Psychology Of A Gentleman Key Takeaway: The Gentlemen, a TV series by Guy Ritchie, reimagines the age-old trope of a “gentleman” based on Middle English and French. The term originated from Middle English, referring to the English gentry, a class below nobility but above farmers. The concept of a gentleman is associated with higher competence, warmth, and positive connotations […] Written by Jayden Greenwell-Barnden April 12, 2024April 12, 2024 Saving Bookmark this article Bookmarked
Discovering Your Money Attachment Style Key Takeaway: The current economic climate is particularly concerning for young people, who are often financially worse off than their parents. To overcome this, it is important to understand one’s financial attachment style, which can be secure, anxious, or avoidant. Attachment theory, influenced by childhood experiences and education, can help shape one’s relationship with money. […] Written by Ylva Baeckstrom April 9, 2024April 9, 2024 Saving Bookmark this article Bookmarked
The Proven 5 Steps To Psychological Wellness Key Takeaway: Wellness culture, which claims to provide happiness and meaning, has been criticized for its superficial focus on superficial aspects like candles and juice cleanses. Psychological research suggests that long-term wellbeing comes from a committed pursuit of both pleasure and meaning. Martin Seligman’s Perma model, which breaks wellbeing into five pillars: positive emotions, engagement, […] Written by Ben Gibson April 8, 2024April 8, 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 โ a transcendent sign of intelligence, as we saw in Ravenโs Matrices โ 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 Instituteโs new report, โReskilling China: Transforming The Worldโs Largest Workforce Into Lifelong Learnersโ, which focuses on the countryโs 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 Youโre 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 Iโm about to ask you to take a mental leap. For the next 8 minutes, suspend your notions of what a business is, and Iโll propose a new lens for you to look through. There are a lot of questions asked around what โcommunityโ means for business. โWhere should community fit in my organization?โ and […] Written by Empirics Asia September 5, 2018September 5, 2018 Saving Bookmark this article Bookmarked