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Look Ma, No Hands!

The Mission Newsletter, 9/20/18

“If you think, then you will be prepared. If you are prepared, then you will have no worries.” — Li Ka Shing

Disruptive Innovation in Education

Episode 2 of Education Trends

Michael speaks and writes about the future of education and works with a portfolio of education organizations to improve the lives of students everywhere.

Education Trends is your #1 podcast for news that matters in education, college, technology, leadership and the science of learning.

Listen to Episode 2!

Health

Drug prices are putting the squeeze on everyone.
Even hospitals are starting to feel the crunch of the insanely high prices for prescription drugs, so a group of seven large health systems, plus three nonprofit groups are beginning their own drug companies.

The new company, Civica Rx, will initially focus on providing 14 generic drugs used in hospitals, and create a stable, transparent pricing system for them.

“The consortium, which includes health systems such as the Mayo Clinic and HCA Healthcare, collectively represents about 500 hospitals. Liljenquist said that the initial governing members have already committed $100 million to the effort.”

The first drug from Civica Rx could be on the market as soon as next year.

Wealth

Buckle your seatbelts, a recession may be coming.

Hedge fund billionaire Ray Dalio in his upcoming book about financial crises says seven indicators can signal depression or recession.

1. Prices are high relative to traditional measures
2. Prices are discounting future rapid price appreciation from these high levels
3. There is a broad bullish sentiment
4. Purchases are being financed with high leverage
5. Buyers have made exceptionally extended forward investments, such as of inventories, to speculate or to protect against price appreciation
6. New buyers have entered the market
7. Stimulative monetary policy threatens to inflate the bubble even more.

Right now, he says those indicators are flickering, not flashing, so we should be safe … but things can change quickly.

“I’m significantly concerned for the next economic downturn for two reasons,” Dalio said. “The first is that we have right now a higher level of populism and a worse wealth gap so that when we have a downturn, the rich and the poor, the left and the right, will be more at each other’s throats.” Second, he said, monetary policy will be less effective because there’s not much room to cut interest rates, and because quantitative easing — the Federal Reserve’s purchase of long-term bonds to lower interest rates — “has much less marginal effectiveness.”

Dalio says it’s not what happens when the next downturn hits, it’s how it’s handled. He suggests giving the president, with input from other agencies, should be given blanket authority to repeal regulations.

Wisdom

Everyone wants to be better and better and better…

And we can read a million self-help books, articles, listen to podcasts with the most successful people in the world to get us there.

But sometimes, it just takes a few simple steps to get to where you want to be, and Forbes laid out some easy advice that you could implement today.

Here’s a couple we loved from the article:

  • After you read the article, shut off your phone and read a book.
  • It would be helpful if the book relates to your career or enables you to learn something new and make you smarter.
  • Take some time alone to think about What do you want in life? What do you want in your career?
  • Start an exercise routine to keep fit.
  • Find a network of people who share your values and desire to improve themselves as well.

Tech/Science

Who needs a self-driving car when you can have a self-driving motorcycle instead?

BMW has been working on the project for nearly two years, and the automaker recently released footage of its progress on a self-driving motorcycle.

While it’s impressive what the autonomous bike can do, ultimately the plan is not to have a fully self-driving motorcycle, but to instead make it safer and more stable in various conditions using driver assistance technology. Of course, it’s not ideal to use emergency self-breaking on a motorcycle where no seatbelt is holding you in place, but that’s not stopping BMW to continue innovating to find the best solutions for this project.

Marketing

Chocolate bars, Cheese puffs, and Pirate’s Booty all in one place?? Is this heaven or what?

Nah, just Hershey Co. HQ.

The chocolate maker announced a $2.5 billion deal to acquire Pirate Brands, the maker of that delicious booty, Smart Puffs, and Original Tings. The deal is part of an ongoing effort by Hershey to diversify its business and compete against other giants in the market.

Education

“Education is not the filling of a pail, but the lighting of a fire. And lighting that fire early is a giant leg up for any child.”

We see you, Jeff Bezos, and we appreciate you!

The billionaire owner announced he would be donating $2 billion for philanthropic efforts, some of which will be allocated to the Day 1 Academies Fund. The fund will be launching full-scholarship, Montessori-inspired preschools mainly in underserved communities.

The Best of What We’re Podcasting:

Science Vs. is one of our favorite podcasts and the new season looks at some of the burning questions people have, using science to answer them.

Questions like:

Are essential oils actually essential?

What’s up with vegans?

Check it out!

DID YOU KNOW That…

The Delos parks in the hit HBO Series Westworld are inspired by Las Vegas?

The show’s creators and showrunners, Jonathan Nolan and Lisa Joy were inspired by the flashing lights and sounds of the entertainment capital as a playground free of consequence which is key to the Westworld experience.

Speaking of Westworld, both Jonathan and Lisa will be speaking at the Signal Conference in San Francisco hosted by our friends Twilio. You can see the creators of Westworld live by grabbing your ticket to Signal using the code MISSION20” at checkout.

Our Media

The Mission is a new kind of media company. We publish stories, videos, and podcasts to help smart people get smarter. You can find us on Facebook, Twitter, and Instagram or learn more about us here. We’d love to connect!

Custom Podcasts

The Mission helps mission-driven companies build trust and connect with customers in a new way.

We create custom podcast sponsorships for enterprise companies. To learn more about why companies like Salesforce trust us to produce results, connect with our team here.


Look Ma, No Hands! was originally published in The Mission on Medium, where people are continuing the conversation by highlighting and responding to this story.

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