Sweden’s Cashless Society Dream Isn’t All It’s Cracked Up To Be
Just one per cent of Sweden’s GDP circulates as cash. As debates over the need for cash rage along lines of age, wealth and location, the country is looking to create a digital currency.
The Preposterous Success Story Of America’s Pillow King
The tale of Mike Lindell begins in a crack house. The 47-year-old divorced father of four had run out of crack, again. He realized that abusing crack and running a business weren’t compatible in the long term and vowed to fulfill his dream of making “the world’s best pillow.”
The ‘Internet of Things’ Is Sending Us Back To The Middle Ages
One key reason we don’t control our devices is that the companies that make them seem to think – and definitely act like – they still own them, even after we’ve bought them. The companies say they still own the software, and because they own it, they can control it.
Why You Spend So Much Money At IKEA
IKEA’s “aesthetic per dollar” ratio is very high, says neuromarketer and author of “The Buying Brain” Dr. A. K. Pradeep. Ikea’s affordable style is its “category-busting-metric,” or what makes it stand out from all the other brands in that space, he says.
Why Prices Differ Around the World
If you have ever traveled somewhere, especially to countries that are either a good deal richer or poorer than your own, you might have noticed that some places are certainly a lot more expensive than others. There seems to be a strong correlation between the average wealth of a country and the cost of goods and services.
Staring At A Digital Black Hole
On the morning of November 16, 2019, we, the exiled Iranians, woke up and like billions of other internet addicts in the world immediately checked our phones, only to realize that Iran had been cut off from the global internet.
The Gambler Who Cracked The Horse-Racing Code
Bill Benter did the impossible: He wrote an algorithm that couldn’t lose at the track. Close to a billion dollars later, he tells his story for the first time. “I find the real business world to be a lot more difficult than horse racing.”
Collision Course: Why Are Cars Killing More And More Pedestrians?
For drivers, roads are safer than ever – but for people on foot, they are getting deadlier. In 2018, 41% more US pedestrians were killed than in 2008. Car companies and Silicon Valley claim that they have the solution. But is that too good to be true?
Down And Out In the Gig Economy
Gig economies are ersatz structures, designed to skirt labor laws and offload risk and expense onto workers themselves. They serve the whims of capital.
How To Prepare Your Kids For Jobs That Don’t Exist Yet
Artificial Intelligence will rule the jobs of the future, so learning how to work with it will be key. “There’s three job opportunities coming in the future,” says Avi Goldfarb. He divides them up into people who build AI, people who tell the machines what to do and determine what to do with their output, and, finally, celebrities.
Speedgate, The Sport Invented By Artificial Intelligence
A team of designers in Portland, Oregon, tasked their artificial intelligence system with building a new team sport for us humans. The result of that pet project, Speedgate, is being heralded as the first viable AI-created field game. It has since become an indie sports phenomenon, with proposed leagues in more than 50 countries worldwide.
Nothing Does It Like 7up: The Rise Of The Lemon-lime Soda
The soft drink we now know as 7UP was invented and made its way onto the soft drink market in 1929. Created by Charles Leiper Grigg, the drink was called Bib-label Lithiated Lemon-lime Soda before Grigg eventually changed the name to 7UP. This was probably because the drink had seven ingredients.
Scraping By In The Gig Economy As A Guy Without A Bank Account
In 2017, the Federal Deposit Insurance Corporation (FDIC) found that 8.4 million households in the U.S. were without bank accounts. Nearly 53 percent of these households listed “not having enough money” to put into an account as the reason why, while another 30 percent cited not trusting banks.
The Story Behind An Identify Theft
Lurking behind a simple email in our inbox is a network of fake websites, letterbox companies and more than 100 victims around the world. We untangled a web of fake accounts and followed the digital breadcrumbs back to two Danish fraudsters. This is how we tracked them down, step by step.
The Controversy Behind Nike’s Vaporfly Running Shoe, Explained
Nike’s Vaporfly shoes have become a popular choice for both elite and amateur runners. But the shoes may soon be banned in professional competitions if World Athletics, the world governing body of track and field, decides they offer an unfair advantage.
Why I Wanted To Finish My Father’s Life’s Work
My father was among the founders of ‘Decision Science’ in the 1960s and 70s…and spent the last 10 years of his life trying to write a popular book on decision-making for the masses, something that would cement his legacy. Karen Brown recalls the pain and joy of fulfilling a deathbed promise.
Inside Google’s Civil War
With its “Don’t be evil” mantra, Google was a central player in creating the rosy optimism of the tech boom. Some employees say Google is losing touch with that motto. What happens when an empowered tech workforce rebels?
Swarms of Teeny Robo-Tractors Will Outmaneuver Tesla’s Driverless Cars
While Elon Musk’s Tesla and Waymo Cars get all the attention — and regulations — autonomous vehicles for farming face fewer tech barriers and could be just as important.
How Chronic Renters Are Reshaping The Homeware Industry
It is clear that millennials and Gen Z are now renting at record rates, yet the appetite to make a house a home remains equally high. Young people are increasingly finding more temporary solutions to the challenge of making a rental home Instagram worthy without falling foul of their landlords.
What Does It Really Cost To Run A Restaurant?
Restaurants have notoriously slim margins. Irene Li, the chef and owner of Chinese-American restaurant Mei Mei in Boston, reveals just how slim they really are.
Can Mission-Driven Food Companies Scale Up Without Selling Out?
When just 10 companies—including Nestlé, Unilever, and General Mills—control the vast majority of food brands, it raises serious questions about the ability of mission-driven companies to hold on to their original intentions.