BUSINESS & ECONOMICS EDITOR'S PICK How Luxury Defies Economic Laws Key Takeaway: The law of demand, which states that as prices rise, demand generally falls, is a fundamental principle in economics. However, some goods, such as Veblen and Giffen goods, challenge this rule. Veblen goods, also known as “snob” goods, are valued for their prestige, exclusivity, and social standing. They are valued for their intrinsic […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE The Mystery Of Horse Domestication Key Takeaway: Horse domestication remains a mystery, despite its significant impact on human civilization. The Indo-European or “Kurgan hypothesis” suggests that horse domestication began on the steppes of western Asia, specifically among the Yamnaya people. However, recent advances in technology have revealed that the horses from the Botai culture were not the ancestors of today’s […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK The Global Orange Juice Crisis Key Takeaway: Orange juice shortages are causing prices to increase by over 20% annually, primarily due to the impact of citrus greening disease on Brazil’s orange harvest. Short-term solutions include mixing new crops with frozen juice and lobbying for relaxed UN food regulations to allow the addition of other citrus fruits. However, these solutions would […] Saving Bookmark this article Bookmarked
EDITOR'S PICK TECHNOLOGY The Age Of Nanotechnology Key Takeaways: Nanotechnology is set to revolutionize clothing, transportation, and transportation. Clothing will be tailored to individual needs, with synthesizers in closets creating clothing that fits perfectly. Nanosuits, made of 5 microns thick fabric, will cover the wearer’s body, allowing separate holes for individual hairs and making them weightless. This technology will double the amount […] Saving Bookmark this article Bookmarked
EDITOR'S PICK PSYCHOLOGY TECHNOLOGY Is A.I. Now More Creative Than Humans? Key Takeaway: Creativity is a crucial human intelligence that AI should emulate, as it defies the cold logic of machines. AI tools like DALL-E and Midjourney are increasingly used in creative projects, with some receiving recognition for their inventiveness. A recent study found that AI-based creativity is just getting started, with examples of both its […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE The Mysterious Science Of Riding A Bicycle Key Takeaways: The control process of a bicycle is a mystery, but it is essential for maintaining balance and preventing falls. Researchers have used mathematical equations to explain how a bicycle without a rider can balance itself and identified bicycle design features critical for that. However, the stability of a bicycle with a rider is […] 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 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
BUSINESS & ECONOMICS EDITOR'S PICK TECHNOLOGY The EV Transition Isn’t Really About Cars Key Takeaway: The race to decarbonize passenger cars and light-duty trucks in the U.S. offers big economic and environmental benefits, but they’re not spread equitably. People who bear the most burdens in our current transportation systems often receive the fewest benefits. Bans on sales of new gas-powered vehicles won’t affect those that are already on […] Saving Bookmark this article Bookmarked
EDITOR'S PICK POLITICS TECHNOLOGY The Air-conditioning Paradox A timely article in Fast Company, “ACs are bulky, loud, and terrible for the environment. Is there a better version in our future?”, discusses the problems posed by air conditioning, a key technology responsible for increasing productivity in many areas and absolutely essential for human survival in a future characterized by increasingly frequent and intense […] Saving Bookmark this article Bookmarked
The Science Behind Our Perception Of Time Key Takeaway: Time perception can vary greatly, with some experiencing it as a constant elasticity, while others experience it as a sudden shift. These “time expansion experiences” (Tees) are rare and profound shifts that alter our perception of time, often occurring in high-stakes situations or through heightened consciousness. Theories suggest that time perception correlates with […] Written by Empirics Asia January 8, 2025January 8, 2025 Saving Bookmark this article Bookmarked
The Biological Cost Of Loneliness Key Takeaway: A study by the University of Cambridge and Fudan University has found that loneliness is a significant health risk, with 25% of older adults and 15% of adolescents suffering from it. The research identified five proteins, including GFRA1, ADM, and FABP4, that are significantly elevated in individuals experiencing loneliness, which play key roles […] Written by Empirics Asia January 7, 2025January 7, 2025 Saving Bookmark this article Bookmarked
Is A.I. Redefining Business Success? Key Takeaway: Generative AI is revolutionizing the business landscape by providing instant, high-quality results without high costs or delays. It allows small businesses to create professional menus, provide round-the-clock customer support, and analyze social media trends. AI also reduces infrastructure investments, making it more accessible and cost-effective. This shift has redefined the equation for success, […] Written by Empirics Asia December 31, 2024December 31, 2024 Saving Bookmark this article Bookmarked
The Enigma Of The Moon’s Age Key Takeaway: Researchers are challenging long-standing theories about the Moon’s formation by examining its history through a collaboration between physicists, chemists, and planetary scientists. The team proposed that the Moon’s apparent age might reflect a later event, such as intense tidal heating during its journey away from Earth. This new framework suggests that the Moon’s […] Written by Empirics Asia December 30, 2024December 30, 2024 Saving Bookmark this article Bookmarked
The Hidden Perils Of Mirror Molecules Key Takeaway: Scientists warn that within a decade, humanity may be capable of creating “mirror-image life forms” composed entirely of enantiomers, posing both revolutionary potential and catastrophic risks. Mirror bacteria could evade immune systems, cause infections, and destabilize ecosystems. The urgency lies in establishing governance frameworks and international collaboration to mitigate potential hazards. Imagine looking […] Written by Empirics Asia December 27, 2024December 27, 2024 Saving Bookmark this article Bookmarked
Are We Born With A Moral Compass? Key Takeaway: A large-scale replication effort by the ManyBabies consortium has cast doubt on a groundbreaking study that claimed infants could differentiate between “helpers” and “hinderers,” preferring those who assisted others over those who obstructed them. The original study, led by Kiley Hamlin, involved showing six- and ten-month-old infants a puppet show, and 88% of […] Written by Empirics Asia December 24, 2024December 24, 2024 Saving Bookmark this article Bookmarked
The Rise Of Western Computer Chips? Key Takeaway: Intel’s CEO, Pat Gelsinger, has resigned amid boardroom discontent, signaling the fading of a once-dominant American technological legacy. Intel’s strategic missteps during the rise of mobile technology led to financial reliantness on older technologies and delayed investment in next-generation manufacturing processes. The company’s struggle is emblematic of a larger challenge for the U.S. […] Written by Empirics Asia December 20, 2024December 20, 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