Author: Follow the Hive

Podcast Episode 15 – Trust Is a Two Way Street

Podcast Episode 15 – Trust Is a Two Way Street General FinancesBy hiveup, 13th July 2018 Qiuyan and I talked about building and maintaining partnerships. When I asked what the key was, she answered without hesitation, ‘Trust’ and a shared mission. At some level, one has to find partners that are looking long-term…not constantly measuring whether one or the other is getting the better side of the deal. Over time, mean reversion should fix any imbalances. We discussed wanting to work with people that owned their failures as well as their successes. Building this attitude into your company’s culture...

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Inflation: Popping the Bubble (Part 2)

Inflation: Popping the Bubble (Part 2) General FinancesBy JingCheng Woo, 13th July 2018 In Part 1, we talked about what inflation is and how it works. Since inflation means that the prices of good goes up, does this mean that inflation is bad for our economy and should be avoided at all costs? Inflation is often known as the necessary evil of the economy. Economists argue that a controlled rate of inflation actually has a positive effect on our economy if it supports economic growth. Inflation supports Growth Inflation is the result of increase in demand of goods and...

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Podcast Episode 14 – The ‘What Ifs’ Will Never End

Podcast Episode 14 – The ‘What Ifs’ Will Never End PodcastsBy hiveup, 11th July 2018 There is nothing like starting off the weekend with a walk in the park with your 3 year old niece and your dog… The ‘Ask Hive’ Telegram continues to iterate and grow. The team rolled out a great upgrade to its Market Wraps changing the format and aligning the colors more closely with the Hive Up branding. Colors really do matter as do UI and UX design, both of which we discussed. Importantly, we also touched on how to create an environment in which...

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Inflation: Where Did My Money Go? (Part 1)

Inflation: Where Did My Money Go? (Part 1) General Finances By hiveup, 10th July 2018 Before ending the week, my colleague and I decided to try the ice cream machine outside our office here at Hive Up. Overpriced frozen ice. We had this conversation about the price of a Mcdonald’s ice-cream cone over the years. A little over a decade ago, you could get it for 25 cents. Who even uses 5 cents these days? The size and same yummy taste has remained the same over the years, but the price of the cone has increased. Why is this...

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Podcast Episode 13 – The ‘How’ Has Changed Many Times

Podcast Episode 13 – The ‘How’ Has Changed Many Times PodcastsBy hiveup, 6th July 2018 Qiuyan and Michael started off this episode by talking about chat applications and how they can be effective at giving companies a more human voice and face to their customers.  While this can be automated with chatbots, Michael thinks that the live interaction of a company directly with its clients produces the most impact. They also talked about how chat lets companies test content creation and iterate quickly as clients give instantaneous feedback. After considering many applications to use for communicating with its clients,...

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Automation — Why Is It Different This Time

Automation — Why Is It Different This Time General Finances By JingCheng Woo, 3rd July 2018 In Part 1, we discussed why you shouldn’t be worried about automation. So, how is the present different from the past? Artificial Intelligence! Artificial Intelligence(AI) is revolutionising every industry and it is happening at a breakneck speed since its beginning 70 years ago. In early 2011, IBM’s AI named Watson, competed and won the Jeopardy! championship. In March 2016, Google DeepMind’s AI, AlphaGo, defeated the Go world champion in four games to one. Experts predict that AI will outperform humans in various tasks...

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Episode 12 – You Don’t Know How to Drive That

Episode 12 – You Don’t Know How to Drive That General Finances By hiveup, 29th June 2018 This week Qiuyan and Michael were unexpectedly joined by her dog, a Border Collie. During birth, it was touch and go as to whether the pup was going to make it…and when it finally did, it was given the name Yolo. If you have to ask why…:-) On a more serious note (less serious, maybe?) they discussed the importance of building a proper and detailed business plan. Both parties are often surprised when this discussion arises with first time entrepreneurs — how...

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Automation and How It Affects Our Jobs

Automation and How It Affects Our Jobs General Finances By JingCheng Woo, 25th June 2018 In the 1760s, the use of coal for power generation kick-started the Industrial Revolution. Manufacturing methods transited from hand tools to machine tools. Since then, there has been a constant fear that automation might spawn mass unemployment. Economists have divided opinions on the debate about the future of the labour market and the economy. In this article, we will illustrate why you shouldn’t be worried about automation. Neoclassical economists predicted that the labour market would balance out as people would find other jobs. Looking...

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