Three quarters of all US industries became more concentrated between 1997 and 2012. Ten pharmaceutical companies control the production and sales of the world’s medicine. Three chemical companies control the supply of seeds and pesticides. One corporation controls nearly all the non-craft beer for sale on the planet. Industrial concentration has now reached the highest …
An official British report has found that grades at more than 80% of universities have inflated beyond a level attributable to rising standards. Last year, 18% of students who got CCD or below at A level graduated with a first; 50% of students at Surrey University got a first; at Bristol, UCL and Durham, 2:2 …
Continue reading ‘Brief update on British university grade inflation’ »
These are some of the industries due to be overtaken by new technologyy in the next 5-10 years: – Hotels: Airbnb is now the biggest hotel company in the world, although they don’t own any properties. – Artificial intelligence: Computers become exponentially better in understanding the world. Last year a computer beat the best Go-player …
In 1998, Kodak had 170,000 employees and sold 85% of all photo paper worldwide. Within just a few years, their business model disappeared and they went bankrupt. What happened to Kodak will happen in a lot of industries in the next 10 years and, most people won’t see it coming. Did you foresee in 1998 …
The 2018 election results are a powerful demonstration of why American politicians want to keep control of redistricting to themselves, thus exposing one of the most blatently undemocratic aspects of elections. Successful partisan gerrymandering of constituences rests on one major concept: distributing the votes for your political party more evenly among districts than your opponent. …
