Author: Elon Mark

Bonds are often considered “safe” investment options. With decent returns, lower risk compared to equities, and regular payments, they have become a haven for traditional investors. Moreover, if debt mutual funds invest in bonds, why shouldn’t I invest in them directly and avoid the expense ratio? Many people follow this logic. But is investing in bonds truly risk-free, especially corporate bonds? Perhaps not. You might be surprised to learn that nearly 96% of bond market participation comes from institutional investors, leaving limited opportunities for retail investors. In other words, the bond market is largely a playground for institutional players. This…

With the rapid rise of artificial intelligence (AI), many organizations are quickly trying to adapt to and implement new technologies. According to a PwC survey, 73 percent of U.S. companies have already adopted AI in an aspect of their business. Yet, in the rush to implement AI, some organizations ignore the ethical concerns. “We need to go back and think about that a little bit because it’s becoming very fundamental to a whole new generation of leaders across small and large firms,” says Harvard Business School Professor Marco Iansiti, who co-teaches the online course AI Essentials for Business with HBS…

Are you an Android user who is constantly looking at Apple Watch owners with envy? You’re in luck, as the Pixel Watch 3 is marked down to just $200 at Amazon in several colors. I spotted three discounted colors of the 45mm aluminum version in matte black, champagne gold, and polished silver.Photograph: Julian ChokkattuPhotograph: Julian ChokkattuPhotograph: Julian ChokkattuWhile Apple users have always had the Apple Watch, it’s taken Google a little while to catch up with its first-party hardware offerings. They’ve come a long way in the last few years, enough that the previous generations of the Pixel Watch are…

The story of the park begins in 2014, when Enrique Peña Nieto, the president of Mexico at the time, announced plans for a new transport hub for Mexico City. It would be built on the largely dry bed of Lake Texcoco, the body of water that had once surrounded Mexico City’s ancient ancestor, Tenochtitlán, the center of the Aztec empire. The marketing promise was that NAICM would be one of the greenest airports in the world. The terminal, designed by Norman Foster—winner of the Pritzker Prize in 1999 and the Prince of Asturias Award for the Arts in 2009—was going…

Artificial intelligence (AI) has existed in various forms since the 1950s. Yet, recent advances in large language models (LLMs), natural language processing (NLP), and data infrastructure have moved it from the lab into everyday life. AI powers many of the platforms and services we use daily. OpenAI’s ChatGPT is a widely known example, but AI fuels social media algorithms, navigation applications, e-commerce websites, streaming platforms, weather forecasting, and virtual assistants. According to Gallup, 99 percent of U.S. adults use at least one AI-enabled product weekly. Businesses are no exception. McKinsey reports that 78 percent of organizations leverage AI for at…

“If you had to point to one reason [crypto prediction markets] are able to come back to the US, you have to point to the Trump administration,” says Zach Hamilton, founder of crypto startup Sarcophagus, in an interview with WIRED. “Donald Trump. I mean, that’s it.”Even before the arrival of Truth Predict, the Trump family had a financial interest in the spread of prediction markets in the US.In January, Donald Trump Jr. joined Kalshi as a strategic adviser. Then, in August, Polymarket received an investment from 1789 Capital, a venture capital firm where Trump Jr. serves as a partner. As…

On Monday, Elon Musk’s xAI startup launched Grokipedia, which the billionaire is pitching as an AI-generated alternative to the crowdsourced encyclopedia Wikipedia. Musk first announced the project in late September on his social media platform X, saying it would be “a massive improvement over Wikipedia,” and “a necessary step towards the xAI goal of understanding the Universe.”Musk said last week that he had delayed the launch of Grokipedia because his team needed “to do more work to purge out the propaganda.” When Grokipedia eventually dropped on Monday, WIRED was initially unable to access the website and received an automated message…

Imagine one scenario. A 27-year-old marketing professional from Mumbai learned about the power of compounding of Systematic Investment Plans (SIPs). He wanted long-term exposure to equities through mutual funds. Like many first-timers, he went to a bank to set up an SIP in a direct mutual fund scheme to achieve the same. Instead, his bank relationship manager convinced him to buy a special plan that promised “assured returns” with market upside. Weeks later, he discovered that he had been sold a regular mutual fund plan with hidden commissions, not the direct plan he originally asked for. This is how mis-selling…

Looking to score almost 50 percent off on a pair of high-end true wireless earbuds? Amazon currently has the Black Graphite Sennheiser Momentum True Wireless 4 (7/10, WIRED Recommends) marked down to just $180, a full $170 off their list price, with lesser discounts on the regular black and white varieties.Courtesy of SennheiserSennheiserMomentum True Wireless 4If you’ve ever used a pair of Sennheiser headphones before, you know they have a consistently excellent sound quality, and the True Wireless 4 are no exception. They’re incredibly detailed, particularly for earbuds, regardless of your favorite genre. Our reviewer Ryan Waniata “had a lovely…

The Thuma Hybrid offers three firmness options: Plush, Medium, and Firm. I chose Medium because my partner and I (mainly me) fluctuate between different sleeping positions. We both are side sleepers for the most part, but often, I revert to being a stomach sleeper sometime in the night. Both of these sleeping positions require more lumbar support to prevent back pain. But from the first night of testing, it was undeniable that this mattress had a firmer feel. In my experience, beds with medium firmness typically range between a 5 and 6.5 on a scale of 10, with 10 being…