In recent years, the concept of the “creator economy” has blown up with influencers, social media celebrities, and creators in general making substantial amounts of money from their activities. This trend has been further highlighted by the recent surge in popularity of the pay-to-view subscription platform, OnlyFans. This platform serves as an online service that… Continue reading OnlyFans’ profitability proves the creator economy boom was real enough
Category: boom
The human costs of the AI boom
The technology of artificial intelligence (AI) has been rapidly advancing in recent years, with applications in robotics, digital security, and more. However, the AI boom has come with substantial human costs, as people are replaced with AI, duplicated by AI, and even manipulated by AI. The rise of AI has created a displacement trend for… Continue reading The human costs of the AI boom
Tracking the EV battery factory construction boom across North America
The electric vehicle (EV) revolution has arrived, and that means EV battery factories are being constructed across North America to meet the rising demand for consumer electric vehicles. Currently, Nissan, Tesla, Volkswagen, Hyundai, and General Motors are all engaged in various degrees of EV battery production. In 2019, Nissan began production of advanced lithium-ion EV… Continue reading Tracking the EV battery factory construction boom across North America
Ladies and gentlemen: The dregs of the SPAC boom
The phenomenon of Special Purpose Acquisition Companies (SPACs) has taken the business world by storm. SPACs are “blank check” companies that raise money from investors and then use that funding to acquire a private company. Over the past year, there has been a tremendous surge in the number of SPACs, with billions of dollars being… Continue reading Ladies and gentlemen: The dregs of the SPAC boom
Tesla China boss Tom Zhu named SVP as country sales boom
Tesla China is experiencing explosive growth, and its China operations boss Tom Zhu has just been rewarded with a promotion to Senior Vice President (SVP). Tesla China has grown substantially in recent months, with strong demand for its vehicles in the Chinese market. In the first half of 2020, Tesla delivered more than 77,000 vehicles… Continue reading Tesla China boss Tom Zhu named SVP as country sales boom
Disney’s laying off 7,000 as streaming boom comes to an end
On April 7th, Disney announced that it would shortly begin a layoff process of 7,000 employees across its parks, experiences and products division, which is a stark reminder of how severely the coronavirus pandemic has damaged the entertainment sector. The announcement comes just as the streaming boom from 2020 seems to be at an end.… Continue reading Disney’s laying off 7,000 as streaming boom comes to an end
Boom takes the wraps off its supersonic Symphony engine design
The world’s most ambitious supersonic startup, Boom, has recently taken the wraps off its supersonic engine design, the Symphony. The Symphony engine is at the core of the startup’s ambition to build a next-generation supersonic commercial passenger aircraft that can fly from London to New York in under three and a half hours. The Symphony… Continue reading Boom takes the wraps off its supersonic Symphony engine design