Business Oops: How could anyone have seen SVB’s collapse coming?
Raging Ventures saw it coming and posted the details on Twitter on January 18, 2023, two months in advance of the collapse. Why were Federal banking regulators hibernating all winter?
Demographics, Economy: Subscriptions everywhere
In a low fertility rate, declining population growth and eventually shrinkage, businesses can no longer depend on the traditional expanding market for their products. Instead, we move from the purchase-and-ownership…
AI: Demand for reporters who can write stories sourced to social media posts just collapsed
Microsoft is pitching the Copilot features as being more powerful than simply being “OpenAI’s ChatGPT embedded into Microsoft 365,” the company said in an announcement. The company said that the…
Business: Amazon Prime Air drone deliveries a fiasco
Amazon blames the FAA but the reality is the technology has not yet proven itself as effective and safe. Source: Amazon Prime Air drone business stymied by regulations, weak demand…
Demographics: How worker shortages are affecting everyone
A good Bloomberg article on the labor shortage, the demographic problem shrinking our labor pool, and the reality of what will probably be done.
Business: Businesses pushing “premiumization” to squeeze more from customers
They are doing a mix of practices attempting to persuade you that their products or services are a “premium” offering to which you should pay more. Airlines did this by…
Demographics: Percent of teens who work at jobs
If possible, I recommend most teens avoid jobs while going to school. Teens are better off investing in their education – it makes little sense to spend hours at minimum…
What’s old is new again: “Working Weekends is New Normal For Tech Layoff Survivors”
Back in the 1980s, tech companies promoted something called “flex time” – meaning you could, allegedly, set your own start and end time each day. Come in late but then…
Demographics: Within a few years, 1 in 3 Canadian residents will be immigrants
All told, the above-outlined reasons for immigration growth have created a country where immigrants make up 23% of Canada’s total population (as of 2021). What’s more is that this number…
Demographics, Economy: “We’re Getting Older, and the Labor Market Shows It” says the Fed
Looks like they have noticed the problem: An aging population is a big reason for the worker shortage that’s helped fuel inflation over the past 18 months. Analysis by Atlanta…