Sound More Interesting at Cocktails Memo | October 13, 2023

25 talking points for better conversation at cocktails from news of the past week.

1. Hamas planned its attack for two years.

2. The UK sends Royal Navy vessels and spy planes to support Israel.

3. American A-10 planes — nicknamed Warthogs for their snub-nose design and ability to assist ground troops powerfully — have arrived in Israel.

4. In his first known international trip this year, Russian President Vladimir Putin arrived Thursday in Kyrgyzstan.

5. Manifest, a self-described "gathering of forecasting nerds," is a blend of data and debauchery — equal parts Math Olympiad and Burning Man.

6. Using AI to summarize an email is like getting a Lamborghini to deliver a pizza.

7. AI blurs the line between photography and 'fauxtography.'

8. QOTW: "We have quickly entered this time where it's going to be very, very hard to tell when images—and soon video and somewhat audio as well—are manipulated," said Hany Farid, professor at the University of California, Berkeley.

9. Baby Boomers, Millennials, and Gen X generate 30 percent of Birkenstock sales. Almost three-quarters of customers are women, and 45 percent of revenue comes from people earning more than $100k annually.

10. Luxury sea cucumbers and scallops face price falls as China bans imports.

11. TSMC makes roughly 90 percent of the world's advanced chips.

12. TSMC consumed over 22,000 gigawatt-hours of electricity last year, roughly equal to half of Taiwan's combined households.

13. China's EV exports have surged 851 percent in the past three years, mainly to Europe.

14. Google is opening a cafe, store, and event space to the general public near its HQ.

15. US teenagers watch more video on YouTube than Netflix, according to a survey from Piper Sandler.

16. "Las Vegas is the only town in the world whose skyline is made up of neither buildings, like New York, nor of trees, like Wilbraham, Massachusetts, but of signs," Tom Wolfe wrote in his 1964 essay about the city.

17. Is it Sphere or The Sphere?

18. For those who find the experience too overwhelming, the Sphere provides two "Sensory Rooms" — spaces where people experiencing vertigo or panic attacks can come to feel grounded.

19. Taylor Swift now has more VMAs than Madonna.

20. Bad Bunny is moving to Chelsea: He signed a lease on a $150,000-a-month penthouse.

21. David Beckham says he supports a sale of Manchester United.

22. The International Olympic Committee suspends the Russian Olympic Committee 'with immediate effect.'

23. On Saturday, Pakistan will play India in a Cricket World Cup game that might go down as the most-watched cricket broadcast in history, and some tickets on the black market are selling for as much as $300,000.

24. Mercedes, Red Bull, and Ferrari – have won over 90 percent of all Formula One races since 2010.

25. Experts estimate that Lawrence Stroll shelled out $80 million to boost his son, Lance Stroll, to Formula One.

Enjoy the ride + plan accordingly.

-Marc

Sound More Interesting at Cocktails Memo | September 22, 2023

25 talking points for better conversation at cocktails from news of the past week.

1. Canada is home to the biggest population of Sikhs outside India.

2. The US Navy is carrying out the biggest overhaul of its top-secret undersea surveillance network since the 1950s.

3. China has the largest navy in the world, comprising around 340 ships and submarines, according to the Pentagon's 2022 report on China's military.

4. According to a study by the Australian Strategic Policy Institute, China now leads the world in 37 of 44 critical technologies, including advanced materials, synthetic biology, and quantum communications.

5. Japan to launch special investment zones where only English is needed.

6. 2024 in France will be a busy year: A Francophonie summit, the 30th anniversary of the 1994 law mandating the use of the French language, and the Paris Olympic and Paralympic Games.

7. The US $860 billion defense budget is double that of all other NATO members combined.

8. The passing of the Dalai Lama could spark one of the most extraordinary stand-offs in global politics.

9. Economist John Maynard Keynes famously predicted in 1930 that productivity and living standards over the next century would rise so much that by 2030, we would only have to work 15 hours per week.

10. Americans' dismal views of the nation's politics: 65% tell Pew they always or often feel exhausted when thinking about politics.

11. Only 4% of US adults say the political system works extremely or very well.

12. As the US presidential campaign heats up, 63% of Americans say they are dissatisfied with the candidates who have emerged.

13. Not counting steel and aluminum, says MIT, an EV requires six times more minerals than a conventional vehicle.

14. Extracting 1 ton of copper requires digging up around 100 tons of ore.

15. The EU will ban the sale of new fossil fuel cars in 2035.

16. According to the International Energy Agency (IEA), Europe accounted for 25% of EV sales and 30% of the global stock of EVs in 2022. The US, by contrast, accounted for 10% of EV sales.

17. Oil and gas investment peaked in 2014 at $887 billion. Expectations for 2023 are $579 billion.

18. Since 2009, manufacturing output per hour in the US has grown just 0.2% a year.

19. Apple code-named its modem chip project Sinope, after the nymph in Greek mythology who outsmarted Zeus.

20. Stonegate, Britain's biggest pub company, announced it will charge pubgoers 20p extra for a pint of beer on busy evenings and weekends. It is part of what it called a new "dynamic pricing" policy in some of its venues.

21. A 2018 study by researchers at MIT found that dynamic pricing boosted airline revenues by between 1 and 4 percent compared with traditional pricing.

22. Microsoft will bet its biggest brands on OpenAI by integrating the tech into PowerPoint, Word, and Excel in the coming months.

23. At present, fewer than 1 percent of the world's 30,000 plus AI researchers work on safety issues.

24. The OECD's policy observatory counts 800 AI policies across 60 countries in its database.

25. For Colorado University's practice jerseys, players wear shirts with their social media handles, not their last names, on their backs.

Enjoy the ride + plan accordingly.

-Marc

Let's get geopolitical

ITK Live | School + Salon Dinners are exclusive events diving into global business issues at the intersection of globalization, disruption, and politics.

Participants can choose between school sessions, salon dinners, or both.

Hosted monthly in influential cities, ITK Live events won't be recorded and will be governed by not-for-attribution rules so participants can speak and learn freely.

I will lead each session, serve as course instructor, and moderate the salon dinners.

Geopolitics is disrupting every sector and business.

ITK Live | School + Salon Dinners are here to help.

-Marc