Tag Archives: Millenials

World Economic Forum: Top Stories- August 5, 2023

World Economic Forum (August 5, 2023) – This week’s top stories of the week include:

0:15 Half of Gen Z & Millenials live paycheck to paycheck – A new survey asked young people their biggest concerns. The cost-of-living crisis came out top. Many say they’ve been forced to take on side jobs to make ends meet or postpone big life decisions such as buying a house. And the extra stress is taking its toll. 46% of Gen Zs and 39% of millennials feel anxious at work all or most of the time and levels of burnout are on the rise. Their second biggest concern is unemployment.

1:51 This start-up recycles household batteries – The Better Battery Company sells batteries in special packaging. Its batteries are white at the positive end and blue at the negative. Inside the box, the batteries are arranged in rows with the white end upturned. When each battery runs out, you put it back in the box the other way up so it’s easy to see which are used and which are new. When the box is filled with spent batteries, you return it using a free postage label and the Better Battery Company sends them off to be recycled.

3:01 AI translates K pop hits into 6 languages – K-pop stars have recorded songs in Japanese and English before but a simultaneous 6-language release is a global first. Right now, the pronunciation correction process takes ‘weeks or months’, according to HYBE. But one day, AI could translate songs in real-time. This isn’t the only way AI is changing the music industry. Streaming platforms use AI to analyse users’ listening habits to pick the perfect playlist AIs are even composing their own music or being employed as collaborators.

4:48 New airline tires can cut pollution – Airless tyres could cut pollution and make punctures a thing of the past. Made of shape memory alloy, these tyres are puncture-proof, sustainable, and easier to recycle.

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The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

Baby Boomer Economics: “Have Boomers Pinched Their Children’s Futures?”

The post-war baby boom of 1945-65 produced the biggest and richest generation in British history. David Willetts discusses how these boomers have attained this position at the expense of younger generations.

Have The Boomers Pinched Their Children's Futures Lord David Willetts The Royal Institution Video January 23 2020

Lord Willett’s book “The Pinch – How the Baby Boomers Took Their Children’s Future – And Why They Should Give it Back” is available now – https://geni.us/B0Gvq

Watch the Q&A: https://youtu.be/_qEjTXrQ7vs

Lord Willetts is a visiting Professor at King’s College London, Governor of the Ditchley Foundation, Chair of the British Science Association and a member of the Council of the Institute for Fiscal Studies. He is also an Honorary Fellow of Nuffield College, Oxford. Lord Willetts has written widely on economic and social policy.

His book ‘The Pinch’, which focused on intergenerational equity, was published in 2010, and he recently published ‘A University Education’. Lord Willetts served as the Member of Parliament for Havant, as Minister for Universities and Science and previously worked at HM Treasury and the No. 10 Policy Unit.

This talk was filmed in the Ri on 28 November 2019.