Thinks 1326

Arnold Kling: Essential Readings in Economics. “Suppose that you would like to read more about economics but without having to work through equations. Here are some recommendations.”

Aram Sinnreich: “We coined the term “algovision” because we needed a word for our discussion. It’s the basic idea of the many ways we see ourselves—whether it’s the image of yourself in a video chat interface or Apple’s tally of how much you use an app daily or weekly. Data systems have become integral to how we began to collectively understand ourselves through the eyes of the algorithm, and this has led to various downstream cultural consequences.”

Business Standard: “Other business services (OBS) could become India’s next major export powerhouse by 2030, surpassing the software and information technology (IT) services sector. It is the new star quietly emerging on India’s services exports scene. OBS encompasses services that support diverse business operations, such as business consultancy, engineering, and research & design (R&D). They also cover advertising, public relations, market research, logistics, accounting, auditing, architectural and legal services, and many others…Rising demand for specialised services, the integration of services into manufacturing, and technological advances are driving its growth. As advanced manufacturing firms separate design, development, and production tasks across different locations to save costs, the demand for specialised services like engineering, IT, logistics, and R&D increases. This integration of services into manufacturing, known as the “servicification” of manufacturing, is fuelling OBS growth.”

FT: “Relaxation is necessary for a variety of reasons. It keeps our hearts and bodies healthy as well as our minds, helping to alleviate depression and anxiety and all sorts of other psychological ills. If you are still hesitating about booking that holiday, bear in mind a longitudinal study published in 2018 by the European Society of Cardiology of more than 600 male executives, which found that those who took three weeks or less of annual leave had a 37 per cent greater chance of dying over a 30-year period (between middle age and old age) than those who took more than three weeks. What we get wrong is thinking that just because scrolling mindlessly through social media is unproductive and feels like “time out” we are therefore properly relaxing when we engage in it. There is a qualitative difference between doing things like being with our loved ones, spending time in nature, or reading a great book — and emotional numbing. We shouldn’t conflate them.”

NYTimes: “Mr. Nadella sees the A.I. boom as an all-in moment for his company and the rest of the tech industry. He aims to make sure that Microsoft, which was slow to the dot-com boom and whiffed on smartphones, dominates this new technology.”

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.