Can a Hedge Fund Analyst Revolutionize Education?
Former hedge fund analyst Salman Khan has caught the eye of Bill Gates and other powerful philanthropists with his online education experiment which could revolutionize traditional education.
What's the Latest Development?
Should former hedge fund manager Salman Khanbe be given a Nobel Prize for his ideas on bringing the digital revolution to education? That is what some are saying. At the very least, Khanbe's video lectures, administered through his Khan Academy, have caught the eye of Bill Gates and TED, philanthropic organizations which want to reform education by bringing it up to speed with current technology. Using Khanbe's method, children begin their lessons at home via video and receive support and exercises from their teachers at school later on.
What's the Big Idea?
Since Khanbe's method introduces new ideas to students at home rather than in class, and asks teachers to play a more reinforcing role, it is being referred to as 'flipping the classroom'. Curiously, Khanbe has never spent time studying formal education or working with non-profits to turn schools around. He began making the videos to remotely teach his cousin algebra, without any intention of becoming a wider education success story. Yet those who study innovation are not surprised. They say big ideas usually come from unexpected places.
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Big tech is making its opening moves into the health care scene, but its focus on tech-savvy millennials may miss the mark.
- Companies like Apple, Amazon, and Google have been busy investing in health care companies, developing new apps, and hiring health professionals for new business ventures.
- Their current focus appears to be on tech-savvy millennials, but the bulk of health care expenditures goes to the elderly.
- Big tech should look to integrating its most promising health care devise, the smartphone, more thoroughly into health care.
Turns out pushups are more telling than treadmill tests when it comes to cardiovascular health.
- Men who can perform 40 pushups in one minute are 96 percent less likely to have cardiovascular disease than those who do less than 10.
- The Harvard study focused on over 1,100 firefighters with a median age of 39.
- The exact results might not be applicable to men of other age groups or to women, researchers warn.
Here's why universal basic income will hurt the 99%, and make the 1% even richer.
- Universal basic income is a band-aid solution that will not solve wealth inequality, says Rushkoff.
- Funneling money to the 99% perpetuates their roles as consumers, pumping money straight back up to the 1% at the top of the pyramid.
- Rushkoff suggests universal basic assets instead, so that the people at the bottom of the pyramid can own some means of production and participate in the profits of mega-rich companies.
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