Hi there,
Today I start my new high-intensity summer course (basically full-time) that’ll last for two weeks. It’ll cover ‘business in a global environment’ which seems to be a mixture between macro- and international economics.
📃 In this week’s Monday Morning Mashup:
⭐Highlight: CO2 capturing plants
👔 Business: Amazon churning through entire communities
🔍Modelling & Valuation: 2021 Modelling Professional Survey
🎁Extra: Cool tool to handle time zones
Have a great week!
⭐Highlight: CO2 capturing plants
CRISPR is an amazing breakthrough technology that has allowed us to modify genetics. Now one of the technology’s co-inventors (Jennifer Doudna) wants to use the technology to create crops that absorb more CO2.
It comes as part of a wider investigation into technological solutions to climate change (among which is carbon capture, and even space bubbles).
All are interesting reads, but this article by MIT Technology Review comes most recommended.
These scientists want to capture more carbon with CRISPR crops | MIT Technology Review
A new research program aims to create faster growing, carbon-hungry plants using the gene-editing tool.
👔 Business: Amazon churning through entire communities
“If we continue business as usual, Amazon will deplete the available labor supply in the US network by 2024”. The company has been facing high churn (as in replacing >100% of the workers in certain warehouses per year).
Is Amazon betting on automating much of its warehouses by 2024 or will the company start facing increased pressure to create better working conditions?
Amazon is worried about running out of people to hire — Quartz
Internal research suggests the company could use up the available labor pool in certain markets.
🔍Modelling & Valuation: 2021 Modelling Professional Survey
Financial modelling is increasingly becoming like programming, with teams sticking to different standards. The most recent survey by Full Stack Modeller includes a lot of statistics, such as equality, pay, external tools, and more.
I think it’s great to see more and more attention being paid to modelling standards that can make models easier to read, audit, and adapt. This year 95% of respondents say they care about these standards (up from 91%).
I’m currently learning the FAST standard which is the leading “independent” standard (after in-house standards).
If you’re interested in the survey results you can check them out below.
2021 Global Financial Modelling Professional Survey
Resource
🎁Extra: Cool tool to handle time zones
Time zones can hurt your brain. I came across a nice visual tool that shows you the time of day, “acceptable” meeting times, and more across time zones. Definitely worth bookmarking.
Easily find the exact time difference with the visual Time Zone Converter. Find meeting times for your contacts, locations and places around the world. Never warp your brain with time zone math again.
Have a great week!