Business

In Pitch Contests, Going First Is a Disadvantage

Birgid Allig/Getty Images Research shows that in many types of sequential competitions, the order of competitors can have a significant effect on judges’ evaluations. In some music and sports competitions, for example, competitors who go last have an advantage, while in sales or persuasive argumentation, studies have shown that going first is advantageous. But what…

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Does Your Board Really Understand Your Cyber Risks?

Andriy Onufriyenko/Getty Images Over the past decade, business leaders have had to face an uncomfortable truth: It’s become impossible to sit at the head of a company and not address the threat of cyber risk. Cyber attacks are increasingly pervasive and can present near existential threats to companies, and boards of directors and CEOs need…

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Is Facebook the Sneaky Threat Amazon Never Saw Coming?

Facebook Shops launched this week, several months after a similar feature went live on Instagram.Small businesses dissatisfied with Amazon Marketplace finally have an alternative.Facebook’s partnership with Shopify should scare Amazon.Earlier this week, Facebook quietly launched a shopping tab on its flagship app. The move comes months after the social media giant introduced a similar e-commerce…

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Prince Harry and His Faux Anger at Snobbery Is Hilarious

Prince Harry and Prince William’s apparent falling out has been analyzed to death.Most of the pundits harbor the same agenda – and it’s biased in favor of Harry and Meghan Markle.We’ll never really know what caused the so-called rift between the brothers.Honestly, if I have to hear once more how Prince Harry and Prince William…

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Here’s How a Plummeting U.S. Dollar Boosted the Dow Today

The Dow Jones rallied 120 points Friday.Jerome Powell’s push to boost inflation weighed on the U.S. dollar.Coca-Cola stock boomed despite announcing 4,000 layoffs.The Dow Jones rose on Friday as a weak U.S. dollar helped to buoy risk sentiment. Economists at ING are pessimistic about the upcoming August jobs report.Dow Rises as the Dollar PlummetsAll three…

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How to Fight Discrimination in AI

Juan Moyano/Stocksy Is your artificial intelligence fair? Thanks to the increasing adoption of AI, this has become a question that data scientists and legal personnel now routinely confront. Despite the significant resources companies have spent on responsible AI efforts in recent years, organizations still struggle with the day-to-day task of understanding how to operationalize fairness…

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Take Ownership of Your Future Self

Hardi Saputra/Getty Images In his TED Talk “The Psychology of Your Future Self,” Harvard psychologist Dr. Daniel Gilbert explains a bias that almost all of us have: We tend to think that the person we are today is the person we will always be. Most people, when asked if they are the same person they…

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How to Make Rational Decisions in the Face of Uncertainty

Johannes Schwaerzler/EyeEm/Getty Images As we’re battling a virus that scientists still don’t fully understand, watching the stock market sink, then soar, then sink again, and facing a contentious election, the future seems completely unpredictable (instead of merely as unpredictable as it has always been). When we feel such heightened uncertainty, our decision-making processes can break…

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