Observer on LinkedIn: Why Fast Fashion Giant Shein Is Going Public in London Instead of New York (2024)

At theApple Worldwide Developers Conference earlier this month, the iPhone makerintroducedApple Intelligence, marking a milestone in the tech giant’s foray into generative A.I.While Apple’s history with A.I. began with the introduction of its digital assistant, Siri, in 2011, it has since lagged behind competitors likeAmazonandGoogle.With the launch of Apple Intelligence and a ChatGPT integration in partnership withOpenAI, the company now aims to reshape the “conscious A.I.” market.In an era where data privacy concerns are paramount, Apple's closed-ecosystem distinction could offer a significant market advantage.Read more: https://lnkd.in/ePGszHBbBy Victor Dey

1

Much has changed sinceBank of America released its last Private Bank Study of Wealthy Americans report in 2022. With the youngest Baby Boomers approaching their 60th birthdays and a massive generational transfer of wealth already begun, the study revealed that older and younger generations have very different ideas about the value of stocks and bonds versusalternative investment classes like art.Read more: https://lnkd.in/eqrtD_ZsBy Elisa Carollo

Guiding your team through change successfully means adapting to unforeseen trends, communicating clearly and making the abstract tangible through actionable steps.Read more: https://lnkd.in/eUvDM6_jBy Rose Fass, fassforward

3

Modern American capitalism makes rich corporate titans massively richer but leaves the rest of us behind. The economically irrational but psychologically rational objective of preserving their elitist club is a plausible reason for this choice. Another possibility is that these powerful titans are missing the fact that the exclusive system they preserve has been extremely costly not just for America but for them personally. Read more: https://lnkd.in/eK4QQPwvBy Roy Swan, Ford Foundation

Ghost jobs and spam jobs—everything from jobs that don't actually exist to jobs that remain open for indeterminate periods of time—are not a new phenomenon, but there’s evidence that they are on the rise. A 2022 surveyrevealed that68 percent of employershad listings that were active for more than 30 days, and 10 percent of those listings were up for six months or more, with 20 percent of managers not planning to fill those positions until the next year. Ghost jobs not only waste job seekers' valuable time but also muddy labor data and make it unclear just how robust the job market is.Read more: https://lnkd.in/g5Wk9YMF

1

Following Art Basel, Christie's is going ahead with a week of big sales in London, with Modern, Contemporary and landmark selling exhibitions while Sotheby's focuses squarely on Hong Kong.Read more: https://lnkd.in/eJ34KxQXBy Elisa Carollo

Video gameintellectual property (IP)has emerged asthe next battleground for Hollywoodas comic book movie enthusiasm begins to wane and wobble, and studios are leveraging video game assets better than ever after years of resistance and failure.Read more: https://lnkd.in/efViZ9YYBy Brandon Katz

The art market has always been a captivating arena forcollectorsand investors, but the current landscape offers unprecedented opportunities, especially for discerning and well-informed buyers. Historically, periods of market adjustment have been followed by periods of dynamic and often unprecedented growth. For buyers looking to invest in art, the current market conditions are compelling reasons to act now. At Art Basel and through the thriving private sales sector, there are significant opportunities to acquire high-quality works at adjusted and realistic prices. Read more: https://lnkd.in/etG8HsSyBy Philip Hoffman, The Fine Art Group

4

In May,Googlelaunched a search featurecalled“Generative AI Overviews.” Powered by the company’s Gemini A.I. model, the new tool can compile information from links that result from a typical search query into a digestible blurb for the user. Instead of clicking on and parsing through the links, the A.I. delivers the user a summary of content it deems the most relevant. But this new tool could further cut into digital publishers' revenue.Read more: https://lnkd.in/ek2TUaMJBy Jim Glade and Victor Dey

2