by Tyler Cowen Amazon is valued at nearly $800 billion, yet the company reportedly paid $0 in federal income taxes last year. Why? The main reason Amazon as a corporate entity does not pay much in taxes is because the company so vigorously reinvests its profit. The resulting expensing provisions lower their…
China’s state-run press agency has welcomed its first female AI anchor who will join its growing team of virtual presenters. The female AI newsreader will make her professional debut during the upcoming meetings of the country’s national legislature and top political advisory body in March, according to Xinhua at a…
by Kumar Mehta Despite the countless books and articles written about innovation, we don’t have a good understanding about what drives innovation within organizations. Instead, we have multiple, often conflicting, theories about what makes innovation happen. We follow the one that resonates best with us or is in vogue. As…
by Barry Brownstein for FEE.org By now you have probably heard the exhortation “stay woke.” To be woke means a person is “an informed, questioning, self-educating individual” who “look[s] past the provided narrative.” Yet, most among the self-proclaimed woke are still fast asleep. They may have a facile way of…
by Michell Zappa “Education lies at a peculiar crossroad in society. On one hand it has the responsibility of anticipating real-life skills by preparing us for an increasingly complex world – but education methodologies can only be formalized after practices have been defined. This dichotomy is particularly aggravated when it comes to technology, where fast-paced…
by FirstRound In 1989, Liz Wiseman took her first job out of business school at a mid-size startup called Oracle. With no previous experience, she was recruited as a technical trainer, charged with teaching programming to all of the company’s new engineering recruits. She admits she barely knew what the…
by Brandon Smith for Alt-Market.com Over many years of investigating the mechanics of global events and the people behind them I have become perhaps a little obsessed with one particular subject – the source and motivations of evil. This fascination does not stem from a simple morbid curiosity, but a…
by Mark Wilson Every designer alive has heard of Dieter Rams’s 10 Principles of Design–the legendary designer’s quick-reference rules for making products, developed in his early days at Braun. But never has the list been presented with such a strong visual thesis as it is in the documentary Rams, by…
By Bruce Schneier for Wired.com In his 2008 white paper that first proposed bitcoin, the anonymous Satoshi Nakamoto concluded with: “We have proposed a system for electronic transactions without relying on trust.” He was referring to blockchain, the system behind bitcoin cryptocurrency. The circumvention of trust is a great promise,…
by Thorsten Polleit for Mises.org In his “Manifesto of the Communist Party” (1848), published together with Frederick Engels, Karl Marx calls for “measures” — by which he means “despotic inroads on the rights of property” –, which would be “unavoidable as a means of entirely revolutionising the mode of production,”…
by Joanne Foster, EdD Synopsis Here’s an overview of why mentorships are increasingly popular, including benefits, structuring guidelines, and lots of helpful information for parents, teachers, and kids. “The term ‘mentor’ comes from Greek mythology: Odysseus’ son Telemachus was entrusted to the care of Mentor, a wise advisor. History and literature…
by Lauren Fruen Netflix paid NOTHING in federal or state taxes in 2018 despite posting record profits of $845million – and even got a $22million rebate Netflix didn’t pay a cent in state or federal income taxes last year, despite posting its largest-ever U.S. profit in 2018 of $845million, according to…
By John Devanny “The revenue of the state is the state.” Edmund Burke, Reflections on the French Revolution Washington D. C. finds itself in the midst of an entertaining, nay consuming, Kabuki theatre. The federal government has “shut down” its non-essential functions, re-opened the same, and promised to do it all…