Today about half of America’s newspapers are controlled by private equity, hedge funds and other investment groups. But as the FT’s James Fontanella-Khan explains, one name stands above the rest: Alden Global Capital. The Alden recipe is to get rid of the newsroom, sell the real estate, and viciously cut costs. Critics say it’s destroying local newspapers, but Alden says it’s saving them.
The world is advancing at unprecedented rates and by 2050, we can expect to see life on earth change drastically. If this is true, then what can we expect from the future? Lets time travel into world in 2050.
Nanotechnology
Scientists have already made great leaps in the world of nanotechnology and they remain unrelenting in making more of such progress. Nanotechnology has the potential to change everything, from the way we behave to how we interact with each other.
Transportation
By 2050, Transportation would have changed immensely. We’re already seeing self-driving cars in their early phases of trial and error, so in three decades, it's safe to say we should have the technology for true self-driving vehicles.
Space Exploration
One promise that many people are still waiting on is one of space-exploration. Companies like SpaceX and Blue Origin are making strides towards their respective goals of spatial exploration and colonization out of this world.
Artificial Intelligence
AI is already much more advanced than it was ten years ago, and it will only continue to witness rapid and exponential developments. Experts like John Maeda believe that AI will have surpassed the processing power of all living brains on Earth in the near future. To properly function in that kind of society, it will be necessary to work together with these new systems to make sure that the preservation of important human values is carried forward.
Education
Education is another industry that will see a drastic change in the next thirty years. According to experts, at least 90 percent of the student population will be pursuing online degrees by 2050. Unless the world devolves into an apocalypse, education will continue to be more globalized, and more solutions will come that allow more people to receive good education efficiently.
Has the working-from-home revolution been good for productivity? Or is it time for office workers to go back to the office?
Consumers have flocked to “buy now, pay later” businesses in recent years as a way to make big purchases more manageable. In fact, these new services have become big competition for traditional store credit cards. Their rapid growth is raising questions about the benefits and risks for consumers, as well as the lack of regulation.
Corporate titans General Electric and Johnson & Johnson both announced that they are splitting, two of the latest in a long string of conglomerate break ups. Here’s why big businesses divide and what it could mean for investors.
Leading voices from the cryptocurrency industry, including Binance CEO 'CZ' and Sam Bankman-Fried of FTX, and Financial Times reporters tell the story of how the cryptocurrency industry ballooned into a market worth more than $2tn with little regulatory oversight. How did regulators lose control and can they get a grip now? Or is there a danger that overregulation stifles innovation?
Many are calling decentralized finance, or DeFi, the “Wild West of finance.” This fast-growing industry aims to provide automated banking services for cryptocurrencies to everyone, with no middle men. But DeFi is still in its early stages, which means there are risks.
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