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The Korea Times

The Korea Times

Opinion

Columnists

17. Daniel Shin

Entrepreneurship in times of crisis: turning risks into opportunities

We hate risk. But, we are living in unprecedented times. Investors often use the metaphor of the black swan to describe highly improbable and unimaginable events. Nowadays, there are too many Black Swan events in real life. Perhaps, Grey Rhino events may pose a greater threat than black swans, but, it is hard to segregate them. We could make contingency plans, but no plan can be perfect. A perfect plan simply doesn't exist for global-scale tail risk events.

2023-11-16 17:02

The pivotal role educational sector should play

South Korea has the lowest fertility rate in the world. This phenomenon may be caused by the high economic inequality such as the high cost of living, low wages, lack of quality job opportunities and rising housing unaffordability. Young couples in Korea tend to delay or even give up on having children. These days marriage is like a lifestyle choice to many of them as well.

2023-10-22 16:30

Navigating the Great Resignation: Focus on people first strategy

The “Great Resignation” is an opportunity, not a threat. The Great Resignation is a term used to describe the phenomenon of more people quitting their jobs since 2021 mainly caused by COVID-19 and the perspective change on the way we define a career. As some experts say, it is an opportunity for organizations to reevaluate their work culture and improve their employment experience.

2023-09-14 16:30

Entrepreneurial trait: tolerance for ambiguity

What makes entrepreneurial leaders visionary is their ability to have followers or potential collaborators see the world radically differently from the one they currently experience.

2023-08-14 13:57

Trust before technology: How retailers should navigate metaverse

Apple announced the Vision Pro, a new headset for the metaverse. It may be a game changer in the somewhat stagnant virtual reality (VR) headset market.

2023-06-18 16:30

Web 3.0: Empowering creators to thrive

Web 3.0 is a blockchain and cryptocurrency-related concept that came into use from 2013. It really took off during the pandemic when early-stage investors and media outlets started pushing the subject along with the related concept of metaverse.

2023-05-23 16:30

Is ChatGPT-led AI revolution mostly hype or hope?

In the age of AI, it can be difficult to know what the truth is. However, there are some things you can do to help you determine what is true and what is not. One thing you can do is to look for multiple sources of information. This can help you get a more complete picture of what is going on in the real world. Another thing you can do is to look for sources that are well-reputed and trustworthy. This can help you avoid sources that are biased or unreliable.

2023-04-16 16:40

Is content moderation necessary evil?

Content moderation can have a disproportionate effect on already-marginalized groups of people. Content moderation often results in mass take-downs of speech on social media from a marginalized group of people, while more dominant and well-funded parties could benefit from more nuanced approaches in their communications on major social media platforms. When a platform decides to enforce certain rules, unfortunately, those rules tend to only be applied to marginalized groups, which shouldn't be the case.

2023-03-27 16:45

There is no place to hide: Will NFT be taxable?

NFT stands for non-fungible token. It's a fancy term for a unique digital asset that is associated with blockchain technology. Regardless of the recent ups and downs of cryptocurrencies, businesses relating to NFTs have rapidly expanded. It encompasses both tangible and intangible assets such as music, fine art, sports, hard jewelry, virtual goods and more. NFTs will likely continue their double digit growth in the coming years despite the recent troubles with cryptocurrencies.

2023-02-19 16:40

Future of religion in metaverse

Tech companies are investing in the metaverse and recognizing the importance of religious communities. Some have already been regularly meeting in the metaverse and conducting religious rituals like baptism. The metaverse will play a key role in religious communities soon. Many questions remain, though, as to whether that relationship will be beneficial for the religious communities or merely help the metaverse platform companies prioritize profits in the name of religious faith at any cost.

2023-01-15 16:40

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