I guess like any other entrepreneur, but Brown? – this may seem inconsequential, but sometimes, the 'them and us' in society only becomes apparent when pointed out.
— VikasResearch shows that two-thirds of employees say that new ideas are greeted with skepticism or outright hostility and only one in ten employees genuinely feel they have the freedom to experiment with new methods, products and solutions.
Globalisation is here to stay. You cannot, however, look at it as a natural phenomenon on which you have no influence- it's not like a typhoon or a cyclone. It's a process- and a process on which you can have influence.
The industrial age economy was characterised by the scarcity of physical capital like machines, buildings, and roads. Capital is no longer the binding constraint on humanity. We have an excess of physical capital. The real scarcity today is attention to the importance of the question, to what end are we deploying this capital.
We don't currently have the accountability mechanisms in our digital life that we do in our physical life. Physical society has had tens of thousands of years to build cultures and norms, but we haven't yet figured out how this works online.
Crime itself can increase inequality. A doubling in crime increases the Gini coefficient by 3% to 4%. When crime increases twofold the share of the rich tercile drops by 1.3%, and the share of the population in the poorest tercile increases.
I believe a key issue is this newfound ability to hide behind our screens, which gives a false sense of impunity, allowing people to express themselves without restraint. The more time we spend glued to our screens, the less we engage in meaningful, real-world exchanges.
If you're simply trained in accounting or marketing, you'll never have what I call a kind of epiphany. A fantastic business stumbles onto something psychological which just gives it a fantastic edge.
Other enterprises understand design for what it is, the backbone of their corporate culture as well as the summation of all experiences their clients will have with their services and products––and as such well worth the investment of time and resources.
It's sad that we don't immediately see the profound injustices embedded in climate change. It is precisely those people who have no responsibility for having caused climate change who are the most vulnerable to the negative impacts of climate.
In the multi-agent model, if you feed in the real price of the market, they show that before the large dives in market prices you could see the crowding that was beginning to happen behind the scenes, even though you couldn't see it in the price.
Power is decaying because it has become easier to acquire, much harder to use, and thus easier to lose.
What really characterises the experience of poverty is emotional stress. Stress is a natural human response to emotional strain, and whilst it can be useful in short doses as a catalyst, a motivator, a wake-up call, in the long term it can impact development, damage relationships and lead to self-defeating compulsive, addictive behaviours.