Begun, The Age Of Drone Vandalism Has

April 7, 2016 in Daily Bulletin

Arthur Holland Michel writes that a new era of graffiti has dawned upon us:

  • KATSU an (in)famous graffiti artist armed a drone with a can of spray paint and had it vandalize Kendall Jenner’s face on a billboard.
  • KATSU is planning to release a line of drones that other graffiti artists can use to tag things in difficult to reach places.
  • At the moment it’s hard to get the drone to draw something coherent since you have to keep it steady on three axes.
  • Soon however the drones could be pre-programmed with the illustration to be drawn on the target, and then left to autonomously do the tagging.

Read more and see a video here.

Source: Wired

Celebrities Earn Crazy Amounts Of Money Just Showing Up At Clubs

April 6, 2016 in Daily Bulletin

Carrie Battan wrote about the club celebrity economy:

  • Clubs in the United States will pay celebrities up to $200,000 just for showing up at a club for an hour.
  • The business got its start with Paris Hilton who became a brand unto herself, and one that people would pay money to party with.
  • Social media really ignited demand – if your club had the top celebrities then it’d be posted on people’s social networks providing incredible free advertising.
  • If the stars head over to the Middle East they can expect to earn ten times as much as they do in the United States. It’s why people like Paris Hilton aren’t heard from much anymore. They’re earning abroad.
  • Those who agree to the appearances usually also have to agree to not go to any rival clubs in the area.
  • Some celebrities throw birthday parties that go through several American cities – earning fat fees for each venue they show up at to celebrate.
  • Clubs, for their part, can then sell VIP tables close to where the celebrities will be for up to $25,000.
  • And then there are the tips. In the Middle East clubs that bring in top celebrities can expect to see $100,000 tips.

Read more about the business, and why it’s important not to have too much fun at the party here.

Source: GQ

You Can Invest In The Reunification Of The Koreas

April 5, 2016 in Daily Bulletin

Certain that the North Korean regime will collapse? Think it’s inevitable that this will lead to a reunification of North and South Korea? The Economist took a look at how you could turn your confidence into cash:

  • South Korean asset managers have launched unification funds that make investments in companies that are expected to do well if the Koreas re-unify.
  • They invest in things like short haul flight operators that would be expected to get a big boost if they could suddenly fly freely across the Koreas.
  • Electronic rice cookers are also expected to be in demand by newly capitalist North Koreans.
  • Flows into and out of the funds seem to be a good barometer of how likely reunification is. With tensions climbing in recent times 10 billion won (US$8.6 million) have moved out of unification funds.
  • One problem might be that it’s just about possible to justify that any industry would do well under a unified Korea, making the funds somewhat meaningless.

Read more about how the funds have been doing under a Korea that remains divided, and other details here.

Source: The Economist

The Economics Of Burials In Outer Space

April 4, 2016 in Daily Bulletin

Caleb Garling wrote about the business of space funerals:

  • Multiple companies have sprung up that offer to send the remains of your loved ones into space – or to the heavens as some prefer to think of it.
  • Companies that help with this don’t launch their own rockets. Rather they secure cargo space on rockets with other missions and hitch a ride with them.
  • Because of the scheduling involved it takes around two years between signing a contract and the deceased blasting off into space.
  • Not all of the remains are sent up. Usually only a “representative sample” since pricing is per gram and can quickly add up.
  • It costs about $2,000 to send up a loved one in a capsule that will turn into a shooting star when it returns to earth and burns up in the atmosphere.
  • On the other end of the scale, sending remains into deep space, towards another galaxy, will cost $12,500.
  • All in all, though, the service is becoming increasingly popular since terrestrial earth funerals are rising in price and now aren’t that much cheaper than just sending someone off for a space funeral.
  • Some companies are also working on a service that will (softly) land a person’s remains on the surface of the moon.

The full article is fascinating and provides many more details including the first person to be buried in space, and what the future of the business may hold. Read it here.

Source: Priceonomics

Poorer Men Prefer Bigger Breasts While Richer Men Prefer Smaller Ones

April 3, 2016 in Daily Bulletin

Vinta Mehta wrote about a study that seemed to explain the different preferences for breast size:

  • One evolutionary theory posits that large breasts signal fat reserves and thus access to resources.
  • The theory would predict then that men who feel that they are resource insecure would prefer women with larger breasts.
  • Scientists found evidence for this with poorer men seeming to prefer large breasts in a woman, while richer men preferred smaller ones.
  • Preferences may also change day to day and this seems to relate to hunger.
  • Scientists found that hungry men are more likely to prefer women with larger breasts, while men who have recently eaten are more likely to prefer women with smaller breasts.
  • A separate theory suggests that large breasts are evolution’s way of signaling that a woman would be able to bear a lot of healthy children.
  • True to the theory scientists found that men who want children prefer larger breasts than those who don’t want any.

Read more details about the study here.

Source: Psychology Today

Via: Reddit

How To Manufacture The Next Hollywood Hit

April 1, 2016 in Daily Bulletin

The Economist sought to create an economic model that explains how to make a financially successfully movie:

  • The films that earn the most money are the ones that studios say they’ll spend the most money on…even if they don’t actually spend the amount that they said that they had budgeted.
  • This seems to be because audiences take a movie’s announced budget as a signal of its quality and the studio’s commitment to it.
  • If your movie is a sequel you can expect it to make $35 million more than a non-sequel.
  • A superhero film will earn $58 million more than a non-super hero film.
  • But don’t make your superhero too edgy…Deadpool excepted, having an “R” rated film will mean that a film will earn $16 million less.
  • Having a famous lead actor doesn’t matter much. But it can help a little. Someone like Jennifer Lawrence or Leonardo Di Caprio in a starring role will see a film earn $10 million more.
  • Make sure your film is released in the summer. That will mean an additional $15 million.
  • As Batman vs Superman has shown critical reviews don’t really matter. Every ten percent that your movie is rated on Rotten Tomatoes will earn you a paltry $1 million more.
  • Audience buzz is more important. A 10% boost in ratings from them will mean an additional $11.5 million for the movie.

Play around with the full model, and see how all of this will affect your Oscar chances over here.

Source: The Economist

Why So Many North Korean Escapees Are Female

March 31, 2016 in Daily Bulletin

30,000 refugees from North Korea have escaped Kim Jong Un’s repressive regime, writes Sokeel Park. 70% are women. Here’s why:

  • North Korea is a patriarchal society with women having a lower status than men. This makes it easier for them to escape since they’re not expected to have the kind of initiative that escaping requires.
  • There are also pull factors. Over in China the one-child policy has led to a low proportion of females, creating high demand for North Korean women as brides…and sex workers.
  • Men, for their part, are required to spend their 20s doing military training in the interior of the country, far from external borders, making it difficult for them to escape during their prime years.
  • Women might also be more likely to want to escape due to the South Korean television dramas that are smuggled into the country, which depict a level of freedom for women unthinkable in North Korea.

Read more here.

Source: Liberty in North Korea

Via: Marginal Revolution

Professional Queuers

March 30, 2016 in Daily Bulletin

The Economist took a look at an exciting Italian startup:

  • Italians spend 400 hours a year – almost one business month – in queues, primarily for paperwork.
  • This is estimated to cost the economy €40 billion.
  • One entrepreneur decided to ease the burden by offering to find people who will queue for as little as €10 an hour.
  • Potential employees are given a five-hour course over Skype where they are taught about the procedures required for various documents that they’ll likely queue up for.
  • Of course hiring a queuer requires…more paperwork, including paying for welfare contributions, thus adding to the root of the problem.

Read more here.

Source: The Economist

BDSM Consultants For Hollywood Stars

March 29, 2016 in Daily Bulletin

Julia Alsop interviewed a consultant who specializes in training Hollywood stars in the art of BDSM:

  • BDSM has seen a bit of a surge in popularity. After getting a boost from 50 Shades of Grey it’s now all over TV and Broadway, driving demand for consultants who can help actors understand the culture.
  • In many ways consultants simply have to teach actors how to become second order actors. A lot of BDSM is playing the role of a “dom” or a “submissive”.
  • Understand that character and you’ll understand how it’s not just the words you use, but also subtle things like how you position another person’s body, that get to the root of what BDSM is about.
  • The consultant that Alsop interviewed did not work on the 50 shades of grey movie – but believes that the movie under-performed because its stars didn’t demonstrate the emotional connection that lies at the heart of BDSM.
  • Top level consultants can have over $90,000 worth of kinky equipment. They can make at least some of it back by renting it out to movie productions.

Read the full interview. It is very much not safe for work.

Source: Vice

Clothing Designed For Those Who Use Wheelchairs

March 28, 2016 in Daily Bulletin

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IZ is an online retailer that offers clothing specifically designed for those on wheelchairs:

  • Usually clothes are designed assuming that the wearer is standing. They can look awkward the wearer is sitting down. IZ’s collection assumes a sitting wearer.
  • Blazers have an arch cut into them (as pictured above) so that pressing into the wheelchair doesn’t cause the back of the blazer to become wrinkled.
  • Pants are altered to reduce the amount of bunching in the front and riding in the back.
  • Shirts drape at the waist instead of lower down.
  • Magnets, zips, or Velcro strips might take the place of buttons to make it easier to get out of the clothes.

Read more here.

Source: IZ

Via: Marginal Revolution, Kottke