So, Logitech’s new CEO has come up with a mouse you’ll never have to replace but might have to pay for every month. Yes, you read that right—a subscription-based mouse! It sounds like the kind of idea that pops up after someone’s had too much coffee and not enough sleep, but here we are. Hanneke
As I was checking for today’s news on Bloomberg, this article caught my eye. In a world grappling with the pressures of inflation, Japanese businesses face a unique challenge: they don’t know how to ask for higher prices. Decades of deflation have left many smaller companies without the skills or strategies needed to navigate the
Recently, the Federal Trade Commission (FTC) has initiated an investigation into the practice known as “surveillance pricing.” This term refers to the use of artificial intelligence (AI) to rapidly adjust prices based on detailed data about customer behavior and characteristics. The FTC aims to gather more information about how this practice works and its implications
Generative AI has attracted immense excitement and investment, with companies pouring billions into its development. However, there’s growing concern that the hype surrounding generative AI might be overblown. If the technology fails to live up to its expectations, the market could face significant corrections. This article delves into the massive investments in generative AI, the
The Federal Reserve is currently grappling with significant financial challenges, as its balance sheet reveals roughly $1 trillion in unrealized losses, which are now translating into over $100 billion in actual losses. These losses stem from the Fed’s extensive holdings of securities purchased during past financial crises, such as the 2007-2009 financial crisis and the
Meredith Whitney’s article in the Financial Times discusses a significant proposal that could enable homeowners to access nearly $1 trillion by allowing Freddie Mac to purchase secondary mortgages. This initiative could potentially escalate to $3 trillion if other entities like Fannie Mae and Ginnie Mae join. This move is designed to provide a more cost-effective
A recent study published in “Nature” (https://lnkd.in/e8YAz5vC) reveals alarming projections regarding the economic impact of climate change. The research, conducted by scientists at the Potsdam Institute for Climate Impact Research (PIK), suggests that even with drastic reductions in CO2 emissions, the world economy is poised to suffer a significant income reduction of 19% by 2050.
Abu Dhabi’s International Holding Co. (IHC), a $238 billion valuation business, is embarking on a groundbreaking journey by integrating artificial intelligence (AI) into its boardroom dynamics. This bold move comes in the form of introducing Aiden Insight, an AI-powered observer, to its esteemed board of directors. With Aiden’s prowess, IHC aims to revolutionize its strategic