Artificial Intelligence and the Stability of Markets
Artificial intelligence (AI) is useful for optimally controlling an existing system, one with clearly understood risks. It excels at pattern matching and control mechanisms. …
More Signs of Private Equity Market Frenzy: Firms Selling Stakes
The article also touted infrastructure as a new growth area. But as we’ve written, infrastructure deals are getting a deserved bad name in the US. …
Silicon Valley Rejects Shareholder Value Theory
These were not top-tier b-school alum; they were writers, computer programmers, online forum moderators and ended up owing a fortune. …
Mutual Funds Cut Uber Valuation by as Much as 15%
Since then, the reports from the Uber side as to where SoftBank stands have kept shifting, and its allies can’t keep their story straight. …
Private Equity Firms Sued Over Retailer Bankruptcies
Gymboree’s June bankruptcy filing occurred days after it couldn’t make a semiannual interest payment on debt dating back to Bain Capital’s $1.8 billion 2010 buyout. …
The Retirement Wealth Inequality Machine
Thus, how such programs are set up and administered is likely to merely expand financial asset management fees while collecting taxes and penalties to boost the treasury. …
How Cuba Became a Biopharma Juggernaut
More recently, the CIMAvax-EGF vaccine for lung cancer became the first Cuban biopharmaceutical product to carry out clinical trials on American soil. …
Time to Stand Up for Dumb
Let’s start out with a smart device undershoot that seldom gets mentioned: e-books. E-book sales fell in 2015 and fell even more in 2017 as both paperback and hardback sales rose. …
Wizards and Prophets Face Off to Save the Planet
Ideally with nuclear power, because it has the smallest footprint of any low-carbon source, but you could also have giant concentrated solar plants and that sort of thing. …
Mastercard Pushes Biometrics, Banks Follow
Mastercard has set a deadline for widespread use of biometric identification for its services across the whole of the EU: April 2019. …
