Exploring OpenAI's Corporate Structure, After Sam Altman’s Shock Dismissal
[Business]
2023/11/22 09:08
It’s been a chaotic few days for OpenAI, the artificial intelligence giant behind ChatGPT.In the ~72 hours since our Friday send, co-founder and CEO Sam Altman was shock-fired by the board; a host of high-profile resignations were tendered; chief technology officer Mira Murati was appointed as interim CEO; momentum to reinstate Altman gathered steam; the board reportedly agreed to reverse the...
AI-Powered Rooms in Malls and Offices Can Give You a Checkup Without a Doctor Present
[Design]
2023/11/22 09:07
Some of the hesitation in seeing a doctor regularly for checkups comes from embarrassment and fear, often because of people who are physically present during the consultation. The recent pandemic has made virtual consultations popular, but you still have to visit a clinic or hospital to actually perform tests like blood work or biometric scans. With today’s technologies, however, that shouldn...
Bain - Asia and Europe Are Propelling Luxury Through 2023
[Business]
2023/11/22 09:06
According to Bain & Co, the Personal Luxury Goods market is set to slow, with growth of between 1% and 4% in 2024. The value of the personal luxury goods market is set to hit a record €362 billion this year, up 4% from 2022.The overall global luxury market is expected to reach 1.5 trillion euros by the end of 2023, accelerated by the Personal Luxury Goods segment that could reach 362 billi...
Why 2024 Will Be The Year Of The Solo Traveler - And What It Means For You
[Business]
2023/11/22 09:05
A new survey by tour operator Overseas Adventure Travel (OAT) and Solo Traveler suggests 68% of participants identify themselves as independent travelers. It's remarkable a shift from the past, when single supplements — which routinely doubled the price of a cruise or tour — made a solo trip too expensive for most travelers.Will 2024 be the year of the solo traveler? I asked OAT's CEO, Brian...
(Infographic) 9 Problems with Generative AI
[Business]
2023/11/22 09:04
In the rapidly evolving landscape of artificial intelligence, generative AI tools are demonstrating incredible potential. However, their potential for harm is also becoming more and more apparent.Together with our partner VERSES, we have visualized some concerns regarding generative AI tools using data from a variety of different sources. Many of them fall into one of the following categories:...
Unique Chair Design Mimics How You Sit Comfortably
[Design]
2023/11/22 09:03
If you have a favorite chair or seat at home, you find a certain sense of comfort when you’re sitting there and doing your thing whether it’s reading, browsing your phone, or even sleeping. You always gravitate to that space because it feels familiar and comfortable. There are even chairs that eventually conform to your shape and it becomes even more a part of you. But most likely this chair...
(PDF) Accenture - A New Playbook for Today’s M&A Deals
[Investing]
2023/11/21 09:10
Companies increasingly use mergers and acquisitions (M&A) to innovate across industry boundaries, pre-empt disruptors and grow.These growth-oriented M&A deals have distinguishing characteristics and present unfamiliar challenges.To capture the tremendous value potential these deals offer, companies need to update their M&A playbook.Accenture research suggests that four behaviors are...
(Patent) Apple is Seeking to Patent “Retinal Reflection Tracking”
[Tech]
2023/11/21 09:09
Ahead of the release of its first headset, Apple may be hard at work on features to watch you while you use it. The company is seeking to patent what it calls “retinal reflection tracking” for gaze alignment. Apple’s tech tracks the light reflecting off a user's eye, using that to monitor movement and initiate certain actions.Apple’s gaze detection system saves power by using low-power hard...
(Video) Heinz Offers Up Its Ketchup As ‘Energy Gel’ To Fuel Runners
[Business]
2023/11/21 09:08
Heinz is jumping through hoops and proposing that marathoners might want to swap their energy gels for ketchup packets. In its latest campaign, cooked up by its in-house advertising agency The Kitchen, the brand taps deep into the nutritional makeup of ketchup, which it claims includes the carbohydrates and salt runners crave during long-distance jaunts. The idea was apparently inspired by Hein...
(Video) Target is Now Offering The World’s First “Robot Manicure” - Clockwork Minicure
[Product]
2023/11/21 09:07
For just $8, a robot at Target will paint your nails in under 10 minutes — but don’t expect the robot manicure to be the same as the ones at a salon.The challenge: Getting a manicure at a salon can take anywhere from 30 minutes to 2 hours depending on the exact service.The process requires you to interact with a manicurist, which might be awkward if you’re the kind of person who loathes smal...
Walmart’s World
[Business]
2023/11/21 09:06
We know you know Walmart is big, but it’s hard to overstate just how big America’s largest retailer actually is. In addition to selling the most stuff and employing the most people of any private employer, Walmart's physical footprint is unmatched, with enough floor space in stores in the US alone to fit some 12,500 football fields.On the topic of employment, Walmart’s roster is nothing shor...
Refurbished e-Bike Marketplace Upway Raised $30M at a Higher Valuation
[Investing]
2023/11/21 09:05
Upway, the French startup that refurbishes and resells electric bikes and recently launched in the U.S., has brought on new funding at a higher valuation than its previous round.The $30 million Series B up round, led by Korelya Capital, into a startup that deals in e-bikes signals that Upway is proving out an impressive enough business case to boost its market capitalization at a time when most...