Make Sense of the world
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Sotheby’s, the world-famous auction house, is feeling the reverberations of its $3.7 billion sale to a French-Israeli investor in mid-June, as organizational changes take shape. The acquisition has caused waves throughout the art world because it is synonymous with the company’s privatization....
Hyperreal hero Elon Musk has seduced the ultimate hyperreal city: Las Vegas. Wired magazine reveals that our favorite hyperreal hero, Elon Musk, has snagged for his ultra-hyperreal enterprise, the Boring Company, its first paying customer: Las Vegas, a city specialized in hyperreality. The...
In their new book, Wharton’s Nicolaj Siggelkow and Christian Terwiesch explain how a “connected strategy” helps businesses create more value for themselves and their customers. In an increasingly competitive marketplace, it’s no longer good enough for a company to sell a product through...
When it comes to agricultural technology, business opportunity is filling the void left by political inertia. Last month, Extinction Rebellion activists around the world triggered days of protests to end what they call criminal inaction by the world’s governments on climate and ecological...
The US media uncritically celebrate the wealthy and suppose that their every thought may be a pearl of wisdom. The Daily Devil’s Dictionary explains. Interviewed in the wake of the Berkshire Hathaway annual meeting by journalist Andy Serwer of Yahoo Finance, Warren Buffett’s alter ego and...
When a co-founder of Facebook signals abusive overreach by CEO Mark Zuckerberg, it’s time to recognize that the problem isn’t just a person, but a system and a culture. Former Facebook employee and best-selling author Antonio García Martínez has penned an article for Wired to second the...
China is the world’s biggest market for electric vehicles — and conditions are ripe for a shakeout. China’s booming electric vehicle industry is headed for some tough price competition followed by a shakeout, according to experts. The competitive landscape for China’s EV market is...
Can celebrity billionaires be guilty of impoverished thought? Berkshire Hathaway’s annual meeting has provided a media platform to see whether that’s true. Warren Buffett, the "Oracle of Omaha," whose wisdom everyone with the ambition to be one day worth $80 billion listens to attentively,...
The Daily Devil’s Dictionary can always count on Elon Musk to provide it with new material. As a hyperreal celebrity with amazingly deep pockets, Musk has the rare privilege of being in a position to play games with ideas, language and even the law, in an exceptionally creative way. At least to...
Monopolist capitalism in the era of digital control reassures some and frightens others. Can it be controlled? After reformers, including Democratic presidential candidate Elizabeth Warren, called for laws to break up the monopolies of big tech companies such as Google, Facebook and Amazon, the...
For those who don’t understand why it’s essential to have money before you can make money, the case of Saudi Aramco demonstrates the underlying logic of the free-market system. For more than a year, Riyadh has been toying with the idea of going public with its wholly-owned petroleum company,...
