>interchange w23y20
Curiosities for 01 - 08 June 2020
I hope everyone had a nice holiday weekend or break!
I did nothing...except for the day I had to test my eyesight and drove to Southend-on-Sea. Oh, and then there was the day I had to test my hearing and went to Epping Forest. And I definitely won't bore you with the herniated disc and the trip to the Norfolk Broads.
Before everyone starts reporting me to the lockdown sheriffs - I'm being satirical.
I only went to my local garden centre.
MAIN THREADS
01> The Pandemic Helped Topple Two Retailers. So Did Private Equity.
via the New York Times
Like many other retailers, J. Crew and Neiman over the past decade paid hundreds of millions of dollars in interest and fees to their new owners, when they needed to spend money to adapt to a shifting retail environment. And when the pandemic wiped out much of their sales, neither had anywhere to go for relief except court.
All COVID has done is to accelerate the future.
And, Small Businesses Are the Key to Reviving the Economy. They Face an Existential Threat.
Also, Cash could be the latest victim of coronavirus – and may never recover.
02> Why Gen Z will be hit the hardest by the financial fallout from coronavirus
via CNN
In the UK, the unemployment rate for 18-24 year-olds is projected to hit a staggering 27% this year, up from 10.5% in 2019, according to analysis from the Resolution Foundation.
And, What Our Post-Pandemic Behavior Might Look Like
03> The Industries Hit Hardest By The Unemployment Crisis
via fivethirtyeight
Over the past few months, every single major area of the U.S. job market has shrunk at least some. But it’s clear that the leisure and hospitality industry was hurt far more than any other.
You can keep the gyms closed...I need my barber to reopen. I'm starting to think I'm Samson.
Also, coronavirus won't spell the end for globalization - but change is unavoidable.
04> Nearly 40% of Icelanders are using a covid app—and it hasn’t helped much
via Technology Review
“The technology is more or less … I wouldn’t say useless,” says Gestur Pálmason, a detective inspector with the Icelandic Police Service who is overseeing contact tracing efforts. “But it’s the integration of the two that gives you results. I would say it [Rakning] has proven useful in a few cases, but it wasn’t a game changer for us.”
And, health Officials Say 'No Thanks' to Contact-Tracing Tech.
05> These folks are working from their cars, and loving it
via CNN
So he spent a day driving around the 17,000-acre farm looking for cellular service. He finally found a spot on top of a hill, where he now spends most of his days working from his Honda Odyssey.
And, Our weird behaviour during the pandemic is screwing with AI models.
OTHER THREADS
> The World's Last Blockbuster Remains Open, Pandemic and Netflix Be Damned.
> The reason Zoom calls drain your energy.
> What to Do When Someone Tells the Same Stories Over and Over.
The Monday Quote
“Before you diagnose yourself with depression or low self-esteem, first make sure that you are not, in fact, just surrounded by a$$holes.”
- @debihope (attributed to William Gibson who re-tweeted)
Best for the weeks ahead!
-Tim
Interstate 3x enables business teams to respond to the hard, complex problems that challenge organisational improvement.