The Algorithmic CEO
Recently dubbed “the biggest crowdfunding project ever”, the decentralised autonomous organisation (DAO) is essentially an investment fund without humans making the investment decisions. Recently dubbed “the biggest crowdfunding project ever”, the decentralised autonomous organisation (DAO) is essentially an investment fund without humans making the investment decisions....
Just in Case You were Wondering about Blockchain
Most people agree we do not need to know how a television works to enjoy using one. This is true of many existing and emerging technologies. Most of us happily drive cars, use mobile phones and send emails without knowing...
(Re) Calling All Oil Workers
The rig count has rebounded from the lows seen in late May; a small indication that oil companies in the U.S. could begin drilling anew. Shale drilling is a short-cycle prospect, requiring only a few weeks to drill and bring...
More Rigs could be the Oil Rally’s Greatest Foe
In an industry where anything could happen, surprises—often unwelcomed—are hard to come by. Oil is exactly such an industry at the moment. No one is sure where oil is heading, near-term forecasts range from $20 to $80 per barrel by the end of...
The Danger when a Business Loses its Social License
A greyhound at a protest the abuse of greyhounds at the hands of the racing industry. Jordan Rivkin/AAP A greyhound at a protest the abuse of greyhounds at the hands of the racing industry. Jordan Rivkin/AAP Those in the greyhound racing industry...
Government Support of SME’s is not a Bad Thing
Small and medium-sized enterprises (SMEs) in developing economies often have difficulties improving their technological capabilities in terms of product or process innovation. Therefore, some kind of government support is necessary. Policies for stimulating technological development and innovation in SMEs can...
‘Global Nomads’ are Proliferating and Working from Anywhere
In the past two weeks, I have met two people who introduced themselves as global nomads. By “nomads”, they mean someone who moves from place to place with no fixed address, other than their email address. They consult wherever they...
Don’t be so Quick to Judge Nuclear Power
Let us for a second imagine a world without nuclear energy. That is a tough one but let us try. No nuclear bombs, of course, no Chernobyl and Fukushima, no worries about Iran and North Korea. A wonderful world, maybe?...
Businesses Race to Turn Science Fiction into Fact
The race is on to bring a jetpack to market. New Zealand-based Martin Aircraft has a jetpack which is due to go on sale this year and US-based JetPack Aviation is working on a more streamlined offering. Therefore, aviation junkies with the...
Gig Workers’ Risky Business
To secure work in the gig economy, workers often have to contribute not just their time and labour but also their capital. This means workers are not only shouldering the risks associated with insecure employment but also the risks associated with...
What is a Swing Trade and How is it Helping Businesses?
Businesses benefit from having substantial shareholders as directors on audit committees, but only when they are utilising swing trades, new research shows. The research compares the presence of these experienced directors as opposed to independent directors in management of Australian companies...
An Oil Drilling and Service Catch 22
The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. The premise was you could get out of...
Tech Disruptors to Government…Stay Out of the Way
A complacent government could easily adopt a wait-and-see approach when it comes to the effects of technology on our economy, but a report from the Productivity Commission advocates what governments need to do to confront digital disruption - get out of...
Uranium Bottom: Are We There Yet?
With prices set to double by 2018, we've seen the bottom of the uranium market, and the negative sentiment that has followed this resource around despite strong fundamentals, is starting to change. Billionaire investors sense it, and they're always the...
Microsoft and LinkedIn are now Connected
rvlsoft / Shutterstock.com rvlsoft / Shutterstock.com Microsoft CEO Satya Nadella has explained the rationale behind the tech company’s plans to buy LinkedIn for US$26.2 billion. In a letter to staff, Nadella said he believes that access to LinkedIn customers will benefit the...