This week: The Dangers of Influencing, YOLO Spending, and The Rizz
WRITTEN BY | December 8, 2023
David C. Wells
President and Managing Director
And the December rush commences –
17 days to Christmas – what’s left on your to-do list!? Combine that with parties, school performances, and everything else – the sprint to the ’23 finish is in full swing. Good luck!
NYT – Ego, Fear and Money: How the A.I. Fuse Was Lit The people who were most afraid of the risks of artificial intelligence decided they should be the ones to build it. Then distrust fueled a spiraling competition.
WSJ – Behind the Tragic, Instagram-Perfect Life of an Ex-Disney Executive When Dave Hollis quit his plum Disney job to join his wife Rachel’s self-help empire, the pair built a business around sharing some of their darkest feelings on social media. The reality was even worse.
WSJ – And You Thought PowerPoint Presentations Couldn’t Get Any Worse Actually, this Christmas, the office annoyance may have found its handiest use yet: Kids are using their skills to craft businesslike wish lists to avoid the holiday dread of unwanted gifts
BI – RIP Goldman Sachs When I started out at Goldman, it was the most feared firm on Wall Street. Those days are gone for good.
Pimco – Prime Time for Bonds Bonds emerge as a standout asset class, offering strong prospects, resilience, diversification, and attractive valuations compared with equities.
NYT – Oxford’s 2023 Word of the Year Is … ‘Rizz’ Sorry, Swifties. The Gen Z slang term — derived from “charisma” — went viral this year after the actor Tom Holland claimed to have none.
WSJ – Penguins Have Perfected the Power Nap Chinstrap penguins nap for mere seconds more than 10,000 times a day, allowing them to rest while protecting their nests and eggs