How Ai Translation Could Unseat English As The Lingua Franca Of The Business World

from Fast Company Anyone who has traveled to a country where the language spoken is not their native one knows that not conversing fluently (or at all) can turn even a VIP into a second-class citizen. Einstein himself would have struggled to express his intelligence in, say, Farsi. In one of my favorite episodes of Modern Family, Sofia Vergara’s character Gloria says in frustration, “You don’t know how smart I am in Spanish!” Even fluent speakers can face bias if they have an accent because of certain underlying perceptions that your language skills are correlated with your intelligence. No one […]

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The Carbon Removal Industry Needs To Grow To Be The Size Of The Oil And Gas Industry

from Fast Company Since the Industrial Revolution, humans have spewed an extra 2.4 trillion tons of carbon dioxide into the atmosphere, pushing the average global temperature up more than 1.2 degrees Celsius. The world adds another 40 billion tons of carbon dioxide to the atmosphere each year. We’re already seeing what that means, from catastrophic flooding to heat waves that scientists thought were statistically impossible. As emissions shrink, the world will also need a way to pull the CO2 we’ve already emitted out of the air, both to cover the continued emissions of industries that are hard to decarbonize and […]

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The Perverse Consequences of the NCAA Ruling

from The Atlantic The Supreme Court has changed college admissions forever. The justices’ decision late last month allowing NCAA Division I football and men’s basketball programs to provide new educational incentives to student athletes created an overdue avenue for compensating student athletes in commercially lucrative sports, many of whom come from low-income backgrounds. And new rules the NCAA rolled out last week in response to a series of state laws allow student athletes to profit from their name, image, and likeness without violating college sports’ amateurism rules. So far, the changes have been celebrated as a step toward greater equity. […]

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How To Mitigate The Harmful Effects Of Zoom Burnout

from Forbes During the pandemic, the amount of screen time for many people working and learning from home as well as binge-watching TV has sharply increased. And prolonged screen time is leaving a series of maladies in its wake. Researchers at Arizona State University published a study showing that heavy screen users—defined as those who use screens an average of 17.5 hours per day—reported the least healthful dietary patterns and the poorest health-related characteristics compared with moderate and light users, who averaged roughly 11.3 and 7 hours of screen use per day, respectively. More here.

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Design Of Hiring Algorithms Can Double Diversity In Firms

from Fast Company We know that algorithms can outperform humans across an expanding range of settings, from medical diagnosis and image recognition to crime prediction. However, an ongoing concern is the potential for automated approaches to codify existing human biases to the detriment of candidates from underrepresented groups. For example, hiring algorithms use information on workers they have previously hired in order to predict which job applicants they should now select. In many cases, relying on algorithms that predict future success based on past success will lead firms to favor applicants from groups that have traditionally been successful. But this […]

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The Top 10 Communication Lessons An Entrepreneur Can Learn

from Forbes Every successful business leader needs to know how to communicate effectively. Both written and verbal communication skills are crucial if you want to build and maintain strong relationships with your employees, customers and partners. These essential communications insights are often learned throughout an entrepreneur’s journey, and sometimes they can come to you through unexpected career situations. That’s why we asked the members of Young Entrepreneur Council to share the best communication lessons they’ve learned during their careers so far. Here are their top 10 lessons and why each was so impactful. More here.

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How Climate Change Could Impact Your Home Value

from US News IN 2018, THE FEDERAL Emergency Management Agency announced that it would be updating New York City’s flood maps as a result of rising sea levels and shifting climate change forecasts. After all, in New York City, it’s been estimated that approximately 80 percent of the property owners who have experienced flood damage since the maps were last updated in 1983 didn’t have flood insurance. If you live in an area that has been plagued by floods, fires or beach erosion, or if you are concerned because 2014 to 2018 were the warmest years on record, you may […]

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House Lawmakers Condemn Big Tech’s ‘Monopoly Power’ and Urge Their Breakups

from NYTs House lawmakers who spent the last 16 months investigating the practices of the world’s largest technology companies said on Tuesday that Amazon, Apple, Facebook and Google had exercised and abused their monopoly power and called for the most sweeping changes to antitrust laws in half a century. In a 449-page report that was presented by the House Judiciary Committee’s Democratic leadership, lawmakers said the four companies had turned from “scrappy” start-ups into “the kinds of monopolies we last saw in the era of oil barons and railroad tycoons.” The lawmakers said the companies had abused their dominant positions, […]

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Agtech’s Moment To Shine

from Forbes Agtech, the marriage of agriculture and technology, recently hit headlines with word of AppHarvest’s impending IPO. AppHarvest is an agtech startup that builds high-tech greenhouses with innovations that support water and energy conservation, including what is may be the world’s biggest greenhouse. The company’s high profile investors include domestic lifestyle entrepreneur Martha Stewart and Hillbilly Elegy author J.D. Vance. Over the summer celebrities Oprah Winfrey and Katy Perry invested in Apeel Sciences a California-based food bio company that produces a coating that extends the life of produce. Earlier this month Syngenta announced its acquisition of the Italian biotech […]

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IBM To Split Into Two Companies By End Of 2021

from ars technica IBM announced this morning that the company would be spinning off some of its lower-margin lines of business into a new company and focusing on higher-margin cloud services. During an investor call, CEO Arvind Krishna acknowledged that the move was a “significant shift” in how IBM will work, but he positioned it as the latest in a decades-long series of strategic divestments. “We divested networking back in the ’90s, we divested PCs back in the 2000s, we divested semiconductors about five years ago because all of them didn’t necessarily play into the integrated value proposition,” he said. […]

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The Plain View

from Plaintext Like any good nonfiction writer, the Majority Staff (i.e., Democrats) of the House Subcommittee on Antitrust, Commercial, and Administrative Law has produced a long-read document distinguished by deep research and an unyielding thesis: Big Tech is too big, too bad, and fights dirty. Sixteen months ago, the subcommittee set out to expose bad behavior in Silicon Valley’s top companies. Empowered with subpoenas, it had little trouble finding it. The docket of whistle-blowing witnesses and damning exhibits uncovered a litany of bullying, self-interested, anti-competitive behavior that justified the exercise, which some thought redundant because of ongoing investigations by the […]

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Why This Author Is Taking A Stand Against Amazon’s Audiobook Monopoly

from Fast Company When science fiction writer and activist Cory Doctorow releases his new novel, Attack Surface, next month, you’ll be able to pick up a physical copy from Amazon, Barnes & Noble, or your local independent bookstore. If you’d prefer an e-book, you’ll be able to download it on Amazon’s Kindle, Barnes & Noble’s Nook, and other mainstream digital book platforms. But if you’re someone who prefers an audiobook, you’ll find the novel, which deals with a corporate cybersecurity expert struggling with the morality of her work, absent from one of the biggest audiobook stores on the internet: Amazon’s […]

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Eleanor Jacobs, 91, Dies; a Force Behind the Earth Shoe Phenomenon

from NYTs Eleanor Jacobs, who stumbled upon a pair of odd-looking shoes in Denmark and, with her husband, Raymond, created a short-lived phenomenon by selling them in the United States as Earth Shoes, died on Aug. 25 at her home in Litchfield, Conn. She was 91. Her daughter Susan Jacobs said the cause was congestive heart failure. In 1969, while she and her husband were vacationing in Denmark, Ms. Jacobs’s chronic back pain increased from all the walking she had been doing. She found unexpected salvation with a pair of negative-heel shoes she found at a store in Copenhagen. More […]

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Now Is the Time for Main Street Shops to Go Digital

from Wired AS MANHATTAN BRACED for lockdown in early March, the main street of Fredonia, New York, was still buzzing with activity. The town had been chosen as the location for season five of Small Business Revolution, a TV series hosted by Amanda Brinkman in which the shops in a particular community get a makeover, and filming was underway. “We wondered if Covid would end up showing up in the narrative of season five,” Brinkman mused. Now, “the entire season is going to be about how we were able to help these businesses through this crisis.” As the chief brand […]

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Change Is The New Normal: What Are Organizations Abandoning Since COVID-19 And What Will They Not Continue To Do Once Things Return To ‘Normal?’

from Forbes Our weekly discussion last week with leaders in the Future of Work and open talent ecosystem was powerful and open. We first addressed some of the issues surrounding our individual mental wellness and connectivity. Carin Knoop, from Harvard Business School has been conducting a bunch of research lately, “We may all come out of the COVID-19 experience with some form of PTSD and loneliness and burnout, all of which are things that we used to address or face or handle on our own, but with no outlets in the form of gyms or faith groups or other sources […]

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This Hoodie Comes With A Built-In Mask

from Fast Company If you’re tired of wearing a DIY mask, a new hoodie offers another option: a built-in mask, made from a material that can (theoretically) filter out more germs than an N95 mask, zips up into the hood—which is itself a filter. The hoodie, which is available for preorder now, is the latest design from G95, a company that also makes scarves that double as air filters. Founder Carlton Solle launched the company three years ago after getting sick on a business trip to China; a doctor told him that high levels of air pollution might be the […]

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4 Ways To Boost Your Chances Of Landing A New Job During The Pandemic

from Fast Company The coronavirus crisis has the world economy in upheaval. If you’re not already hurting, you surely know someone who is. Layoffs, shutdowns, cutbacks, and salary cuts are happening across industries, both blue collar and white. The nation is in a state of emergency, and we’re all but certainly heading toward, if not already in, a recession. The temptation to set aside our focus on work is understandable, especially when the primary concern should be for our health and the health of our friends and family. But the truth is, especially with all the upheaval underway, you may […]

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How To Quickly Capture Today’s Untapped Business Opportunities

from Forbes During an economic downturn, if you look close enough, there are always industries that are doing better than they ever did. What’s interesting is that despite the economy’s negative impact on buyers’ purchasing power, the demand for certain companies’ products is so high that even the leaders of the industry cannot keep up with demand. Will you do something about it? Entrepreneurs owe their leadership, hustle, problem-solving skills and risk-taking to those in need. You know there’s a promising business opportunity when you see people ready to spend their money but can’t find anyone to take it. This […]

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These Are The Industries That Are Hiring For Professional Roles Now

from Fast Company If you’re looking for a gig to help pay the bills, grocery stores and delivery companies need help—and fast. But if you’re looking for something permanent or want to take the next step in your career, you may be able to find a professional role, too, says Michelle Armer, chief people officer at the job site CareerBuilder. “There is definitely still a demand for professional and management workers across many different industries,” she says. The catch is that you’ve got to act fast. As unemployment rates continue rise, more job seekers are scouring the market. We spoke […]

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‘Scared to Death’ by Arbitration: Companies Drowning in Their Own System

from NYTs Teel Lidow couldn’t quite believe the numbers. Over the past few years, the nation’s largest telecom companies, like Comcast and AT&T, have had a combined 330 million customers. Yet annually an average of just 30 people took the companies to arbitration, the forum where millions of Americans are forced to hash out legal disputes with corporations. Mr. Lidow, a Silicon Valley entrepreneur with a law degree, figured there had to be more people upset with their cable companies. He was right. Within a few months, Mr. Lidow found more than 1,000 people interested in filing arbitration claims against […]

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