Yves here. An old saw in consumer marketing was that as California went in new tastes, the US would eventually follow. But in this case, New York City may have pulled out ahead in its reaction its particularly severe income inequality. Its K-shaped economy is more acute than in the US overall, with even richer…
Abdul Mikael, Head of Sales at AND Solutions Every time someone hops out of a Grab without touching their wallet, or taps “pay later” on a Shopee checkout, they are using a piece of financial infrastructure they never consciously chose. There is no app to download, no form to fill, no trip to a bank…
At the Richmond Neighborhood Center in San Francisco, more than 200 people are on the waitlist for the food pantry. The center is just a couple of miles west of “AI Alley,” where a cluster of major AI companies take in billions of dollars in investments and pay out high salaries to employees — in…
