Things I Read - Week 7'25
Articles
Monetary Policy is working: CAL Bangladesh
Inflation rates to stabilise between 8.5-9.5 percent but fall to 6-7 percent by December
GDP growth for FY25 is forecast to range between 2 percent and 3 percent
the one-year treasury bill rate ranging from 9.8 percent to 10.5 percent by June 2025, which could present challenges for businesses and borrowers in the near term
Resourcing a resource-hungry country
Skill gaps leading to higher unemployment
30 percent of its population aged between 15 and 29
Reforms need to start in schools and maybe implement dual education systems like Germany (study with internship / work)
Meta’s plan on AI power humanoids
Robot butlers? Jarvis!
How sales team have been using GenAI
AI can help them to 1) understand the client’s major challenges and goals, 2) identify the key metrics associated with those challenges, 3) find the client stakeholder who cares about those metrics, 4) assess how your product can improve those client metrics, 5) open your interactions with clear, concise, and relevant messaging that ties all together.
Musks bid to buy OpenAI with a consortium of investor at $97.4billion
Trump second term requires new playbook for equity investors
Spotify weigh $6 premium for added features, access to tickets
Uber sues DoorDash, alleging it bullies restaurants into exclusive contracts
Books
Algebra of Wealth - Scott Galloway
“Your identity emerges out of your habits” - James Clear
“Genetic predisposition determines 50% of our happiness”
“There is the events itself and the story we tell ourselves about the events” - Ryan Holiday
The Beginning of Infinity - David Deutsch
“We do not test every testable theory, but only the few that we find are good explanations. Science would be impossible if it were not for the fact that overwhelming majority of false theories can be rejected out of hand without any experiment, simply for being bad explanations”
This struck a chord with me cause I feel that in tech companies we pride ourselves on doing X number of experiments to measure impact on everything. Experiments are expensive, can lead to errors if not done carefully and I feel we are becoming a bit dependant on experiments instead of using logic and first principles. Some experiments are also done for peoples intellectual curiosity - I remember in foodpanda (early days) we spent so much time, discuss and designing experiments on does “discounts” really lead to growth and how much;