Category: Articles, Computer/Internet, Ethics, Financial/Economic, Resources for Attorneys, Resources for Experts FTX Brought Down by SBF’s Double-or-Nothing Philosophy TASA ID: 22108 “Let’s say there’s a game: 51 percent, you double the Earth out somewhere else; 49 percent, it all disappears. Would you play that game? And would you keep on playing that, double or nothing?” The vast majority of us would not take the risk of playing that game even once. After all, it seems morally atrocious to take a 49% chance of all of human civilization disappearing, for a 51% chance of doubling the value of our civilization - essentially a coin flip. Read more
Category: Articles, Business & Commerce, Communications, Computer/Internet, Marketing, Psychology/Psychiatry, Resources for Attorneys, Resources for Experts Don't Fall For These 3 Psychological Tricks Black Friday Sales Use to Make Us Buy More TASA ID: 22108 Imagine you put on an old coat that you have not worn in a while, and to your surprise find a crumpled $20 bill in your pocket. How good does it feel? Do you go up half a notch on a one to 10 mood scale, or maybe a full notch? Let’s imagine a different scenario. You’re buying ice cream from an ice cream cart and take out a $20 bill to pay. Suddenly, a gust of wind sweeps it from your hand and into a nearby sewer grate. What does that do to your mood on the one-to-10 scale? Read more
Category: Articles, Business & Commerce, Communications, Computer/Internet, Employment, Human Resources, Resources for Attorneys, Resources for Experts Elon Musk's Authoritarianism on Returning to the Office Undermining Tesla’s Future TASA ID: 22108 Elon Musk recently demanded that all Tesla staff return to the office full-time, according to an email sent to executive staff and leaked on social media. Musk said those who do not want to come to office should “pretend to work somewhere else.” This authoritarian, top-down approach rooted in mistrust and false assumptions goes against best practices. It speaks to an illusion of control that will undermine employee productivity, engagement, innovation, retention, and recruitment at Tesla. One of Musk’s false assumptions involves the idea that employees “pretend” to work from home. In fact, research using both surveys and behavior tracking from the early days of the pandemic has shown that remote work resulted in higher productivity. More recently, academics demonstrated a further increase in productivity in remote work, from 5 percent in the summer of 2020 to 9 percent in May 2022. That is because companies and employees grew better at working from home. Read more
Category: Articles, Business & Commerce, Computer/Internet, Employment, Human Resources, Resources for Attorneys, Resources for Experts 5 Steps to Protect Your Career in the COVID Recovery TASA ID: 22108 COVID-19 has disrupted many areas of our lives, including our careers. Fortunately, there are steps you can take to strengthen and secure your career during these uncertain times. Due to the devastating impact of the COVID-19 pandemic on the restaurant industry, one of my coaching clients, Alex, who served as the Chief Operating Officer (COO) in a regional chain of 24 diners in the Northeast US, wanted to explore switching her career to a different industry. Alex turned to me as her executive coach and asked for my guidance. I recommended a 5-step decision-making process to her that addresses the dangerous judgment errors we make called cognitive biases, and coached her through the process to help her make the wisest and most profitable decision. Read more
Category: Articles, Computer/Internet, Intellectual Property, Resources for Attorneys How Digital Technology and Software have Impacted Intellectual Property in the Graphic Arts TASA ID: 7210 Intellectual Property awareness and protection used to be a non-issue in printing, publishing, and related areas. However, with the growth of software-driven technology, the Internet and WWW, Intellectual Property awareness and protection has come to “center stage” in graphic communication. Knowledge of copyrights and patents is now essential. These areas were not previously part of required knowledge. That has changed as the industry has changed, with software infringement cases representing one of the highest areas of dispute in copyright and patent litigations. Read more