Ruction
A disturbance or quarrel.
The Ruction is a weekly rundown of the top ten emerging issues from the past seven days shaping commerce + culture.
The Ruction is for communication strategists and global business executives.
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The Ruction | Edition 15 | April 2, 2021
1. Aircraft carriers are prime targets. The Economist reports American naval planners are anxious about China's Dong-Feng 26 missile. This weapon has been dubbed a "carrier killer." One back-to-the-future idea being tested beat this missle is to turn a suitable plane into an aerial aircraft carrier capable of launching and recovering uncrewed drones in flight.
2. By 2025, the global femtech market could be worth $50 billion.
3. Only 42% of Americans say they are comfortable attending a live-ticketed sporting event given COVID-19 risks, according to a poll by the Washington Post and the University of Maryland.
4. A survey data of chief executives by KMPG on future work practices:
+ A quarter think the pandemic has changed their company forever
+ 90% intend to ask employees if they have been vaccinated
+ Cyber-security has emerged as their number one threat
+ Only 17% now think they will reduce their company's physical space, down from 69% in August
5. Choosing a bike over a car just once a day reduces an average citizen's carbon emissions from transport by 67%, according to research led by University of Oxford transport professor Christian Brand.
6. 'Big Storage' is the next big technology in the climate fight: Utilities installed 987 megawatts of energy storage in 2017, surged to 3.5 gigawatts in 2020, and are projected to put in 10.2 gigawatts in 2023, according to BloombergNEF.
7. Church membership in the US has fallen below the majority for the first time in nearly a century: The proportion of Americans who consider themselves members of a church, synagogue, or mosque has dropped below 50 percent, according to a poll from Gallup released Monday. The first time this had happened since Gallup first asked the question in 1937 when church membership was 73 percent.
8. America used to be behind on digital payments. Not anymore: Economist reports enthusiasm for digital-payments companies has been whetted by the pandemic. Examples include: the share price of PayPal has jumped 186% in the past 12 months, while shares in Square have more than quintupled, and those of Adyen have nearly tripled.
9. AI companies raised a record $33 billion in 2020.
10. Biotech emerges as 'superhero' of a global pandemic: Kedar Karkare, a healthcare analyst at CB Insights, said 2020 was a record year for the sector. "We had almost $42 billion invested into biopharmaceutical companies ... across 1,851 deals."
