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Silicon Canals is the leading European technology news media source. We cover news, knowledge, and insights from technology startups.
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WebPsychology says people who instinctively resist change aren't always stubborn or fearful??? they're often the ones whose early environment taught them that unpredictability was the first sign something was about to go wrong
3+ day, 3+ hour ago (922+ words) Edited by Daniel Moran What looks like stubbornness may actually be a survival instinct honed in childhood, when change meant danger was coming. Every workplace has one. A new system gets announced, or a new supplier, or a new seating…...
In an experiment published in 1998, people valued 7 ounces of ice cream more highly than 8 when each serving was judged separately??? the smaller portion overflowed a 5-ounce cup, while the larger serving of the same ice cream sat below the rim of a 10-ounce cup.
3+ day, 21+ hour ago (906+ words) Edited by Lachlan Brown An overflowing small cup attracted a higher stated valuation than a larger underfilled serving when judged alone. Direct comparison reversed the result, and later research tested its limits. A generous-looking serving can contain less ice cream....
The folly of debt
4+ day, 6+ hour ago (158+ words) Edited by Graeme Brown The real puzzle isn't whether high-cost debt is foolish—it obviously is—but why intelligent people keep falling into its trap anyway. The first quirk is that we are systematically impatient in a particular, lopsided way....
In a field experiment at a car wash, 300 customers received loyalty cards requiring 8 paid visits for a free wash??? 34% finished when the card had 10 spaces with 2 already stamped, compared with 19% given 8 empty spaces and exactly the same reward.
4+ day, 7+ hour ago (896+ words) Edited by Lachlan Brown Two loyalty cards required the same eight purchases, but customers followed through at different rates. The endowed progress experiment shows why the presentation of a goal can matter. The offer was eight paid car washes followed…...
A Texas rancher grazes more than 8,000 sheep across solar farms, and the solar companies pay him to do it??? the sheep keep the vegetation off the panels, and grazing under glass is now the entire ranching operation
1+ week, 6+ day ago (554+ words) A Texas rancher grazes more than 8,000 sheep across solar farms, and the solar companies pay him to do it — the sheep keep the vegetation off the panels, and grazing under glass is now the entire ranching operation Silicon Canals JR…...
SoftBank is putting $200 million into the excavator-automation startup Gravis Robotics, whose headline productivity figure was stated two different ways on announcement day, with no published method behind either version
2+ week, 4+ day ago (402+ words) Edited by Christy Suriadi Gravis says its retrofit kits deliver "up to a 30% boost" against peak manual operation. It also told Inc. the machines have delivered "about 30 percent on multiple projects" against human-operated equipment. The specialist Inc. asked wants to…...
Migration generates more heat than light, but the evidence is clearer than the shouting suggests: migrants found most of America's billion-dollar companies, pay in more tax than they cost, and quietly prop up the finances of ageing societies
3+ week, 3+ day ago (719+ words) Silicon Canals Few subjects generate more heat and less light than migration, and any honest look at what migrants bring has to begin by admitting that the debate is genuinely contested and the effects are genuinely mixed. But contested is…...
When ByteDance moved to end its fortnightly six-day rota in 2021, a large share of its own staff objected rather than celebrated, because as much as a fifth of their pay was classed as overtime
3+ week, 5+ day ago (521+ words) Edited by Mal James In China's tech industry, overtime pay has become so integral to worker compensation that reducing grueling schedules threatens to shrink paychecks, forcing companies into an uncomfortable choice between labor reform and staff retention. A company scraps…...
When the average income of a person's reference group doubles, their spending on visible goods falls by roughly half at the same personal income, which makes conspicuous consumption a signal about relative position rather than a reliable tell for wealth
4+ week, 14+ hour ago (840+ words) Edited by Graeme Brown What you spend on designer bags and luxury cars reveals far less about your wealth than about who you're trying to impress. The premise of every list of this kind is that certain habits are reliable…...
A Salary Finance study found that 39% of people earning more than $200,000 a year still experience financial stress??? a reminder that income and wealth are not the same thing. A bigger salary builds little wealth if spending rises to consume it.
4+ week, 1+ day ago (1064+ words) Edited by Lachlan Brown Lachlan Brown is a writer at Silicon Canals contributing across the Mind pillar. A 2023 survey found financial stress surprisingly far up the income ladder. The result reveals why salary, net worth and room for error are…...