Friday, October 28, 2016

BANKS BET ON THE NEXT BIG THING: FINANCIAL CHATBOTS

TOP OF THE NEWS:

- Banks Bet on the Next Big Thing: Financial Chatbots (NYT) "The early versions of the financial chatbots generally do little more than answer basic queries about recent transactions and spending limits. But companies are aiming to build the chatbots into full-service automated financial assistants that can make payments and keep track of your budget for you."
BUSINESS:

BUSINESS:

- Climate change is going to move a huge amount of money and not enough people are paying attention (Business Insider) "'Curbing carbon emissions requires significant spending on green infrastructure and a reduction in fossil fuel subsidies. This creates large investment opportunities in areas that attract capital or industries at risk of disruption.'"

- The Art of Doing Nothing (A Wealth of Common Sense)


LIVING:

- How successful people work less—and get more done (Quartz) "The study found that productivity per hour declines sharply when the workweek exceeds 50 hours, and productivity drops off so much after 55 hours that there’s no point in working any more. That’s right, people who work as much as 70 hours (or more) per week actually get the same amount done as people who work 55 hours."


NEWS:

- Clinton eyes Biden for secretary of state (Politico) "Neither Clinton, nor her aides have yet told Biden. According to the source, they’re strategizing about how to make the approach to the vice president, who almost ran against her in the Democratic primaries but has since been campaigning for her at a breakneck pace all over the country in these final months."


SPORTS:

- Lions' Glover Quin lives on 30 percent of take-home pay, uses rest to invest in future (ESPN) "Quin saved 70 percent of his take-home pay each year and invested in well-known, publicly traded companies. He and his family lived on the remaining 30 percent, about $6,000 a month -- $72,000 per year -- the first three years of his career."

TECHNOLOGY:

- Twitter Has an Old Media Problem. Here’s a Solution. (NYT) "Put another away, if journalism is the first draft of history, Twitter is the first draft of journalism. So who better to rescue Twitter than Mr. Page, a founder of the company dedicated to organizing the world’s information? Twitter takes the first cut of doing that organizing, in real time."


BOTTOM OF THE NEWS:

- Google’s former happiness guru developed a three-second brain exercise for finding joy (Quartz) "Tan’s “thin slice” exercise contains a trigger, a routine, and a reward—the three parts necessary to build a habit. Usually these events are unremarkable: a bite of food, the sensation of stepping from a hot room to an air-conditioned room, the moment of connection in receiving a text from an old friend. Although they last two or three seconds, the moments add up, and the more you notice joy, the more you will experience joy, Tan argues."

- One airline is now letting you watch your checked suitcase travel in real time (Quartz) "It almost makes the $25 checked bag fee worth it."

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