In the Dreams Favela, Wi-Fi and Ecommerce Promise a Better Future
However, the reality of the favelas speaks loudly. Driven by the increase in the cost of living and unemployment, Brazil saw a 40 percent increase in the population living in …
Economics
Why Is It So Hard for Scholars to Launch Startups?
It’s important to decide both what to count and how to count it. Experts and scholar-entrepreneurs agree that not all innovative ventures should be seen as equivalent—or given equal credit—in …
The Curse of the Long Boom
WIRED via DAVE KARPF It seems like this list surfaces on social media every year or so. People stumble across the “Long Boom” story, notice the “scenario spoilers” sidebar, and …
UK inflation falls below 8pc for first time in more than a year
Britain’s inflation rate cooled more than expected to the lowest level in more than a year, a sign that soaring interest rates may be starting to curtail the worst wage-price …
Here are the biggest reasons jobs could disappear — and AI isn’t one of them
Fears about artificial intelligence-powered technologies and tools taking over work currently done by humans have intensified since ChatGPT went viral late last year. As it soared in popularity, the capabilities …
To Save Itself, Hollywood Must Build Its Own ChatGPT
Now, generative AI is the potential kill shot, the one that could cause copyright owners to surrender their library of scripts, created over decades, in exchange for promised benefits that …
New Zealand inflation slows to six per cent
New Zealand is past the worst of its COVID-19 inflation nightmare, with a welcome dip to six per cent recorded in its latest figures. Headline inflation, as measured by the …
Marc Andreessen Is (Mostly) Wrong This Time
I’d be surprised if Andreessen’s highly educated audience actually believes the lump of labor fallacy, but he goes ahead and dismantles it anyway, introducing—as if it were new to his …
US inflation rose just 0.2pc in June, less than expected as consumers get a break from price increases
US inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration in costs and easy comparisons against a time when …
China’s consumer-driven sectors are a ‘sweet spot’ and opportunity for investors, says KKR
From pet food to liquor and lighting fixtures, global investing firm KKR is putting its money behind a suite of consumer-driven sectors in China, departing from a singular focus on …