Category Archives: Business

Analysis, Business, Homes, Housing, Reviews, Videos

Analysis: How Airbnb Is Rattling Housing Markets

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CNBC International (August 15, 2023) – In the Italian city of Venice, the number of beds dedicated to tourists is now almost on par with the number of beds allocated to residents.

An electronic counter installed by activists in the city tracking this number illustrates the ever-growing demand for short-term rentals, popularized by the home-sharing platform Airbnb, which is now as popular as hotels. The short-term rental market is projected to be worth $228.9 billion in 2030, boosted by the rise of commercial operators.

But as the housing crisis deepens worldwide due to land and labor shortages, residents are questioning the impact of Airbnbs and second homes locally. “We have more than 7,000 apartments involved in this kind of system of short-term tourist rentals.

And now it’s very difficult for a young guy or a new family to find an affordable house to rent,” Dario Nardella, Florence city mayor, told CNBC. So what is the economic impact of Airbnb and short-term rentals? And can restrictions ease the crisis? Watch the video to find out.

#CNBC #Airbnb #Housingmarket

Business, Magazines, Previews, Reviews, Technology

Harvard Business Review – September/October 2023

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September–October 2023

Harvard Business Review (September/October 2023) –

Reskilling in the Age of AI

Five new paradigms for leaders—and employees 

In the coming decades, as the pace of technological change continues to increase, millions of workers may need to be not just upskilled but reskilled—a profoundly complex societal challenge that will sometimes require workers to both acquire new skills and change occupations entirely.

People May Be More Trusting of AI When They Can’t See How It Works

by Juan Martinez

 New research looked at the extent to which the employees of a fashion retailer followed the stocking recommendations of two algorithms: one whose workings were easy to understand and one that was indecipherable. Surprisingly, they accepted the guidance of the uninterpretable algorithm more often.

Business, Consumers, Finance, Reviews, Technology, Videos

Money: Non-Cash Payment Option In US, India & China

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The Economist (August 10, 2023) – Non-cash payments are on the rise all over the world. Our writers explain how digital technology has changed the way consumers shop in three important markets: America, China and India.

Video timeline: 00:00 Cashless transactions are on the rise 00:18 America: account and card 02:01 India: Unified Payment Interface 04:06 China: App payments

Analysis, Business, History, Military, Reviews, Videos, Views

Ukraine War: Importance Of ‘155 Artillery Shells’

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Insider Business (August 6, 2023) – The US has sent Ukraine millions of 155mm rounds since the war started, including cluster bombs. But there’s a global shortage of 155 shells, and some are afraid that the US is depleting its stockpile. We visited the Scranton Ammunition Plant to see how common shells are made.

Video timeline: 0:00 Intro 0:52 Why 155s are so important in Ukraine 2:40 How 155mm shells are made 4:20 History of 155mm shells 4:53 Other expensive weapons NATO has sent Ukraine 5:51 How America is sending cluster bombs during shortage

Business, Culture, History, Reviews, Videos, Views

Culture: Artisan Olive Oil Soap In Tripoli, Lebanon

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Insider Business (July 28, 2023) – Artisans have been producing traditional olive oil soap at Masbanat Awaida for over 140 years. A century ago, there were dozens of soap factories like this in Tripoli, Lebanon. Today, Masbanat Awaida is the only one remaining.

Business, Food, History, Reviews, Videos, Views

Food Insider: Why Grade A Maple Syrup Is So Valuable

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Insider Business (July 22, 2023) – Once pierced, century-old maple trees drip sap referred to as liquid gold. It will take roughly 50 gallons of these drops to make one 1 gallon of 100% pure Grade A maple syrup.

Farms in the Hudson Valley, New York State, can sell that gallon for over $200, almost 29 times more than popular imitation syrup. Despite the price, Grade A maple syrup is incredibly sought-after. So much so that C$18 million worth of it was stolen in one of the largest heists in Canadian history.

But why is Grade A maple syrup worth so much? And why is it so expensive?

Business, Food, History, Reviews, Videos, Views

Louisiana View: History Of The Tabasco Sauce Brand

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Insider Business (July 9, 2023) – The McIlhenny Company has made Tabasco sauce using the same recipe since 1868: red peppers, vinegar, and salt. Since the hot sauce is aged in bourbon barrels, it takes five years to fill just one bottle.

And most of this process still happens where it all began: Avery Island, Louisiana. Six generations of McIlhennys have lived on the island. But with disappearing marshes and more intense storms along the coast, the family is fighting to protect their, and the hot sauce’s, home.

Business, Magazines, Previews, Reviews, Technology

Harvard Business Review – July/August 2023 Issue

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Harvard Business Review (June 12, 2023) – Gen AI and the New Age of Human Creativity: How revolutionary technology can enhance, rather than replace, our powers of imagination.

How Generative AI Can Augment Human Creativity

Use it to promote divergent thinking. 

There is tremendous apprehension about the potential of generative AI—technologies that can create new content such as audio, text, images, and video—to replace people in many jobs. But one of the biggest opportunities generative AI offers to businesses and governments is to augment human creativity and overcome the challenges of democratizing innovation.

The TV You Watch When You’re Young Can Make You More Entrepreneurial

Having studied TV signals in East Germany from the 1960s to 1989 and rates of entrepreneurship there after German reunification, the researchers found that people in households with access to West German broadcasts were more likely than other East Germans to launch companies later in life.

Analysis, Automobiles, Business, Reviews, Technology, Videos

Business Analysis: Electric Vehicle Conversions Rise

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CNBC (June 10, 2023) – Interest in electric vehicles is at an all time high, with sales of new EVs up 55 percent in 2022 compared to the year prior. But there are still a lot of gas cars on the road today and there will be for a long time. EV conversions are becoming a bigger trend that could help.

Chapters: 00:00 — Introduction 02:40 — EV conversions 04:12 — Conversion shops 06:45 — DIY community 11:16 — Challenges

Both the shops and aftermarket community are growing substantially to meet the new demand. CNBC explores what it takes to convert a gas-powered car to an electric vehicle and whether it could go mainstream.

Analysis, Business, Electronics, Reviews, Technology, Videos

Tech: Inside Samsung’s Growing Chip Business

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CNBC (June 8, 2023) – Samsung may be known for android phones, TVs and appliances, but it’s also been the undisputed leader in memory for more than three decades. Now, as memory prices continue to fall, it’s doubling down on manufacturing chips for outside customers, with a $17 billion new chip fab in Texas and new $228 billion cluster in South Korea.

Chapters: 00:00 – Introduction 02:31 — From fish to microchips 06:10 — Making more chips in the U.S. 11:17 — Concerns and controversy 14:40 — Ambitious road map ahead

CNBC got a rare look inside Samsung’s chip business to bring you the untold story of how it became the world’s second biggest advanced chipmaker, just as it makes plans to catch the industry leader TSMC.