It has not been an easy year for those in the tech industry, witnessing massive layoffs and hiring freezes. For those on the sidelines, the tech bust has been eye-opening, and we understand that even though tech may be the future of the world, it might not be so for employment, as has been validated by CEOs.
In many of our previous articles, we have talked about artificial intelligence (AI) artists, like DallE and Ai-DA, and how they offer artists the opportunity to create unique collaborative works, such as what LG’s AI artist Tilda did with designer YounHee Park during the New York Fashion Week this year.
According to a recent report by investment banking company Credit Suisse, global wealth per adult increased by 8.4% to US$87,489 in 2021. As expected, this growth in wealth isn’t evenly distributed among all of us, with the top 1% of the world holding on to 45.6% of the world’s financial assets. But where do these wealthiest people live, and why did they get so loaded? To make sense of that, here is a list of the top five countries with the highest number of millionaires per capita and why they are a playground for the rich.
Black Friday is just around the corner, with Amazon, Walmart, Target and Best Buy already rolling out big sales ahead. If you’re wondering where to find the best Black Friday deals, good news—we’ve done the job for you! The Jumpstart Team has compiled a list of the best Black Friday gadgets offers available right now to help you save a good amount of money. Whether you’re looking for a new TV, smartphone, laptop or gaming console, be sure to check out our list of Black Friday deals. You won’t be disappointed!
Employees of a startup are essential to its success. They keep the company running to ensure that the vision gets carried out and that the day-to-day operations continue seamlessly. High turnovers can be harmful to a company, especially for startups with less established internal structures, organizations and systems to mitigate handover disruption. This makes retaining employees a particularly important goal for startups.
Over the past couple of years, cryptocurrencies have become a mainstay in financial discussions. As of this year, there are 15,174 businesses worldwide that accept Bitcoin as a means of payment. This rise in the popularity of crypto has encouraged governments to open up to crypto, with El Salvador declaring Bitcoin as a legal tender and Ukraine legalizing cryptocurrency in 2021.
The ongoing layoffs from tech giants, like Meta and Twitter, have sent thousands of employees into limbo, wondering what their future will look like. This resulted in not only a feeling of physical displacement but also emotional turmoil. Sometimes, you might be expecting a layoff, for instance, when your company has not been doing well consistently, giving you time to prepare. Other times, it comes like the rain on a beautiful sunny day, disrupting your life and sweeping the floor from beneath your feet.
With a market capitalization of US$380 billion, Bitcoin has established itself as the most prominent cryptocurrency today. While Bitcoin continues to dominate the crypto market, its price crashing from an all-time high of over US$68,000 in November 2021 to US$19,775 a year later has left people pulling their hair, with some even attempting suicide.
As of 2021, the global maritime industry is worth US$1.6 billion and is expected to reach US$2.9 billion by 2027. For our readers who may not be familiar with this space, maritime refers to the movement of people and goods across the world over water. This industry is the backbone of the shipping sector, handling over 80% of international trade.
Almost everyone reading this article must have done a captcha test at some point. The phrase CAPTCHA stands for Completely Automated Public Turing test to tell Computers and Humans Apart and is used to determine whether a user is a human or a bot. Websites have had to use captcha tests to prevent block software from spamming comment sections on a website or buying items in bulk.
Over one-third of millennials feel that they will never be able to stop working. Many of them believe that, even though they want to retire before they turn 60, they will be performing some sort of casual job. A CNBC report revealed that 61% of millennials feel that they will be working a part-time job when they retire, with over 10% of them feeling unsure as to what their future is going to look like.
The global tech industry has been on a bumpy ride lately, with a slew of layoffs since the beginning of the year. According to a Crunchbase News tally, as of late October this year, over 45,000 tech sector workers in the United States had lost their jobs. The numbers come as no surprise when you consider the soaring inflation rates and that the world might be headed for a recession.
When we think about the entrepreneurial space, stories of successful startup founders, like Steve Jobs, Bill Gates, Mark Zuckerberg and Elon Musk, flood our minds. But what often goes unnoticed is that these successes are needles in the haystack of startup failures. Around 90% of all startups fail, and many reasons can contribute to a company closing shop—problems with cash flow, lack of market research or even a large-scale market crisis.
Getting promoted requires more than just doing great at your current job. Even when your performance is good, and you exceed your goals, you still have to convince your manager that you’re top-tier and deserve a greater position. You do this by having a discussion about why you deserve to move up and what you might gain from it.
If the Try Guys situation taught us anything, it was that even the people with the most squeaky-clean images could land up in a public relations (PR) crisis at some point in their careers. And it doesn’t just have to be a cheating scandal as it was in their case. PR crises can arise from anything—a problem with your product, an unsavory reply to a customer’s tweet or even a bad advertising campaign.
A lot has changed about how we work in the past couple of years. According to LinkedIn, 95 job applications are submitted every minute on their platform. Each company’s human resource (HR) department clearly has a lot of work cut out for them when it comes to finding suitable candidates. Besides culling out prospective candidates, HR departments have a lot of other responsibilities, such as monitoring employee performance and maintaining workplace culture.
