As economies across the world have come crashing down due to the coronavirus, Indian consumers are suffering from suppressed wages, mass lay-offs, and reduced economic activity. Yet, while the entire country’s economy has been turned upside down, one sector of the market has silently exploded: Instant loan suppliers, lending money to Indian workers who desperately need the funds to pay off critical bills. These lenders, however, charge gigantic interest rates which enable them to profit off of the backs of economically insecure workers.
Deep learning scales up the market sizes in conversational AI, self-driving cars, and consumer applications. With the advancement in AI technologies, I believe that deep learning could create more economic value than the internet did in the future years. Therefore, I believe that we should invest in companies that are centered around deep learning, especially for companies that focused on conversational AI, self-driving cars, and AI-powered consumer applications.
In light of recent massive spikes in cryptocurrency, many new investors have joined the fray with a “can’t lose” mentality. In actuality, having money invested in cryptocurrency right now is anything but a “can’t lose” situation.
In February, Tesla purchased 1.5 billion dollars worth of bitcoin for investment and diversification purposes. Subsequently, its stock price plummeted. Will this polarizing move benefit Tesla in the long-term? Only time will tell.
The online education industry is expected to experience rapid growth during the COVID-19 pandemic since the majority of schools are closed. The leading online education companies such as Chegg, Coursera, and Udacity may have promising long-term growth due to the COVID-19 lockdown, but they may not be optimal investments as of now.
The pandemic, as it has done to so many industries, has put in a pin in the production and distribution of movies and television shows, yet as so many people are forced to self isolate, the demand for content new and old has never been higher. As COVID-19 drains some sectors of the film industry and boosts others, we investigate who the biggest winners and losers of the pandemic are in the entertainment industry.
What’s the greenest drive to work—especially if it’s relatively close by? With an evolving electric car economy, substituting your conventional car for an electric car and driving it daily for as long as possible (especially with a low-carbon intensive grid mix) seems the way to go. But what is the true impact of this?
BRB hones into the industry of private tutoring, and uses a case study in Singapore to show the effectiveness, efficiency and profitability of a firm in this market if executed correctly.