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Many of us see the stock market as an investment engine for building companies and generating wealth, but the truth is that the stock market works more like an extraction engine. It depletes corporations while contributing to the concentration of wealth. The Stock Market is an Aftermarket Our distorted view of the stock market starts when we believe that buying shares in a publicly-traded company actually invests […]
  1. BUSINESS & ECONOMICS
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  4. TECHNOLOGY
Billionaire entrepreneur Richard Branson and his team successfully flew to the “edge of space” on the Unity 22 mission aboard a Virgin Galactic plane on July 12. The event was hailed as the start of space tourism, narrowly beating the planned launch on 20 July by fellow billionaire business magnate Jeff Bezos and his firm Blue Origin.  But does the 85km (53 miles), the altitude […]

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The eye-popping sale price of US$69 million on March 11, 2021, for a non-fungible token created by the digital artist Beeple sent shock waves through the art world. More multimillion-dollar sales of these digital assets that exist on a blockchain and are maintained on networked computers soon followed. At the same time, art museums have faced substantial financial shortfalls accelerated by a decline […]

Top Picks

An interesting article in Fast Company, “More than Joe Rogan: Inside Spotify’s audio revolution”, looks at Spotify’s success with podcasts, a phenomenon that has been growing in popularity since 2005, but has not yet become the next big thing many predicted. In 2005, three young Silicon Valley industry veterans, Ev Williams, Jack Dorsey and Biz Stone, created Odeo to try to […]
Since it launched in beta format in 2016, and then opened to the public a year later, Amazon Go, the online retail giant’s stores without checkout lines, provides a textbook illustration of the use and development of technology. Amazon’s plans to expand its network of stores, formulated before the pandemic, were ambitious: more than 3,000 by 2021 in locations […]
China’s dominance in manufacturing has made it the factory of the world. The subsequent economic growth enriched an ever-expanding middle class, and the country’s retail industry has quickly adapted to supply a growing appetite for consumption.  Some of these developments in the way people spend their money, powered by the latest technology, will soon be appearing on […]

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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 […]

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