“People make fun of me about the fridges,” said Tassos Stassopoulos. “I am fridge-obsessed.” As the founder and managing partner of Trinetra, a London-based investment firm, Stassopoulos has pioneered an unusual strategy: peeking inside refrigerators in homes around the world in order to predict the future—and monetize those insights. By …
Read More »What’s Behind the Bitcoin Price Surge? Vibes, Mostly
Bitcoin fever has returned. On March 5, the price of the cryptocurrency swelled to a record high—and has continued its upward march. In 2024 it has provided investors with a greater return than almost any other asset. But as enthusiasm for bitcoin spreads anew, so do myths and confusion around …
Read More »Help, My Friend Got Me a Dumb AI-Generated Present
“An artist friend of mine got me an AI-generated painting as a gift. I can see she tried to personalize the concept, and it’s nicely framed, but part of me still feels a little cheated. Is that fair?” —No Returns Dear No Returns, There’s something implicitly paradoxical about feeling “cheated” …
Read More »Get Ready for the Great AI Disappointment
In the decades to come, 2023 may be remembered as the year of generative AI hype, where ChatGPT became arguably the fastest-spreading new technology in human history and expectations of AI-powered riches became commonplace. The year 2024 will be the time for recalibrating expectations. Of course, generative AI is an …
Read More »Forget Growth. Optimize for Resilience
When you build software, you add little hooks into the code so that, as users open a window, tap a picture, upload a file, the code tattles on them, sending some of their data to another company's server. Log data is sowed; reports are reaped. This is known as “analytics” …
Read More »Your Money Is Funding Fossil Fuels Without You Knowing It
When you drop money in the bank, it looks like it’s just sitting there, ready for you to withdraw. In reality, your institution makes money on your money by lending it elsewhere, including to the fossil fuel companies driving climate change, as well as emissions-heavy industries like manufacturing. So just …
Read More »Fresh Bitcoin Hype Shows Crypto Just Can’t Help Itself
The prospect that US residents may soon be able to invest in bitcoin through their brokerage, as if it were a regular stock, has prompted a fresh round of hype in crypto circles—and a surge in crypto prices. Several investment firms, including heavy-hitters like BlackRock and Fidelity, are queuing up …
Read More »This Website Exposes the Truth About Soaring Food Prices
It didn't take long for Mario Zechner to prove the government wrong. In May, the independent software developer was listening to a radio interview with Austria’s labor minister, Martin Kocher, who said the government would build a new database that will help people find the cheapest milk, eggs, and other …
Read More »The Game Theory of the Auto Strikes
The United Auto Workers strike against Detroit’s Big Three—Ford, General Motors, and Stellantis—escalated into its third week on Friday. Workers at two additional plants operated by Ford and GM walked off the job, taking the number of union members striking for better pay and benefits to more than 25,000. The …
Read More »The US Is Mobilizing an Army to Fight the Climate Crisis
Climate change is the greatest threat humanity has ever faced, and the United States has begun mobilizing an army to fight it: the American Climate Corps. Formerly conceptualized as the Civilian Climate Corps, the new initiative will “put more than 20,000 young people on career pathways in the growing fields …
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