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- how to change the world (9/9)
how to change the world (9/9)
must read for ambitious students
Welcome back!
Why We Love Losing Money
How does a company start from nothing, grow and thrive for 45 years, and sell items for less than they cost?
Only by building long term relationships. That means innovating, executing, and taking care of every customer like they are the most important person in the world.
But even more than that, it means caring. Caring about customers, caring about employees, caring about quality, and caring about doing the right thing.
Let Queensboro show you the secret of their 45-year success. Let them do what they love and put your logo on a custom-embroidered polo or hat for just $4.95, including logo setup and embroidery.
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Apply to join Tau Mu Lambda, the premier honors society for students in finance & business. Tau Mu offers resources to support students throughout internship & full-time consulting & finance application cycles. Our upcoming programs in Mentorship Matching, sponsored NYC trips to talk to top executives in finance & consulting, and updating our case study and interview prep databases/archives. To learn more, visit our websit and apply before Sept 15th!
💡 AI Lesson: AI in Space Exploration – Autonomous Rovers
AI is a critical component in space exploration, particularly in the operation of autonomous rovers on planets like Mars. Rovers such as NASA’s Curiosity and Perseverance are equipped with AI systems that enable them to navigate the Martian terrain, make decisions about which paths to take, and identify scientifically valuable targets for study.
These AI-driven systems allow rovers to operate semi-independently, making it possible to explore distant planets with minimal input from mission control on Earth.
Why It Matters: AI’s role in space exploration opens new frontiers for humanity, allowing us to gather valuable data from environments that are too distant or dangerous for human astronauts. Understanding AI in this context highlights its potential to drive future discoveries and expand our understanding of the universe.
đź“š Business History: The Founding of LinkedIn
LinkedIn was founded in 2002 by Reid Hoffman and a team of entrepreneurs with the goal of creating a professional networking site. The platform launched in 2003 and quickly became the go-to space for professionals to connect, network, and share career-related content.
LinkedIn’s growth was fueled by its focus on creating value for users through features like job listings, company pages, and professional endorsements. In 2016, Microsoft acquired LinkedIn for $26.2 billion, recognizing its importance as a professional networking tool.
Takeaway: The success of LinkedIn demonstrates the power of building a platform that meets a specific professional need. It also highlights the importance of continuous innovation and strategic partnerships in maintaining relevance in the competitive tech industry.
🕰️ Tech History: The Development of the First Video Game Console
In 1972, Magnavox released the Odyssey, the world’s first commercial home video game console. Developed by Ralph H. Baer, often called the “Father of Video Games,” the Odyssey allowed users to play simple games on their home television sets.
The Odyssey was groundbreaking, laying the foundation for the video game industry that would explode in popularity in the following decades with consoles like the Atari 2600 and Nintendo Entertainment System (NES).
Impact: The release of the Odyssey marked the birth of the home video game industry, a sector that has since grown into a multi-billion-dollar global market. It underscores the importance of innovation in entertainment technology and the enduring appeal of interactive digital experiences.
Tomorrow's edition: Discover AI’s role in personalized marketing, the history of Facebook’s rise, and the impact of the first artificial intelligence chatbot, ELIZA.