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The US’s TikTok ban, Warren Buffet, and positive feedback power
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—what our Blinks have to say
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͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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<em style="">
Each week, we'll give you two Blinks: one to add a new perspective to business news, and one to help you improve your skillset.
</em>
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You're part of an exclusive group of users getting early access to this newsletter—so help us make it better for you! Tell us what you think in this
<a>
<strong style="">
survey
</strong>
</a>
.
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<a target="_blank" universal="true">
<img align="left" alt="Image for trend 1" border="0" class="resp" height="193" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.braze.eu%252Fappboy%252Fcommunication%252Fassets%252Fimage_assets%252Fimages%252F6424643e1d27bd2dbea73a6f%252Foriginal.png%253F1680106558/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uYnJhemUuZSJ9:1pitZL:SZZgbd1bHXY-ZtaUKLWzj-_VRLq8s6f5bPGD7kzs4g0" style="display:block; border:none; margin: 0 auto 0 auto; width: 580px; height: 193px;" width="580"/>
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The trend this week:
<br/>
<span class="clr-0365F2" style="color: #0365F2; font-weight: inherit; font-style: inherit; display: inline;">
Could TikTok be banned from the US?
</span>
</td>
</tr>
<tr>
<td align="left" class="para hauto" style="font-family:'CFont', Arial, sans-serif; padding: 10px 0 20px 0; font-size: 16px; line-height: 24px; color:#042330;" valign="top">
“If they won’t sell, they’re out”—that’s been the approach the US have been taking toward short-form video platform, TikTok.
<br/>
<br/>
<strong style="">
What are the US afraid of?
</strong>
<br/>
In a Blink, the concern is about what the Chinese company which owns TikTok, Bytedance, are doing with consumer data. Namely, what happens to US consumer data, and who then decides what US consumers can see on the platform.
<br/>
<br/>
<strong style="">
What can one Blink tell us?
</strong>
<br/>
Disclaimer: The US concerns about data are extremely complex—more than we can cover in this email or understand from one Blink—but we
<em style="">
can
</em>
get part of the picture. We’ll do that through using
<em style="">
AI Superpowers
</em>
(2018) by Kai-Fu Lee.
<br/>
<br/>
<strong style="">
Huh? What’s this got to do with AI?
</strong>
<br/>
Well, when it comes to AI, the number one most important factor is data. That’s because the way most AI works (since Deep Learning went mainstream around 2012) is through extensive training using data.
<br/>
<br/>
Once the AI has learned, digital technology helps AI apply those learnings at scale e.g. through your TikTok content recommendations. It can also be trained to achieve specific outcomes using that data e.g. start to skew your political preferences. It follows that whoever owns that data has a lot of power.
<br/>
<br/>
<strong style="">
Now let’s add superior technology to the mix
</strong>
<br/>
Kai-Fee Lee observes that due to regulation and cultural differences, China have had a leg up when it comes to AI: some things which are taboo in the US just aren’t in China. Lee observes that in China, people are more willing to give up privacy in return for convenience.
<br/>
<br/>
This has meant that China has had more data to train their model on—including Perception AI. i.e. facial recognition AI. Which means their technology is more advanced. This context gives us more of a clue into US concerns. Check out the Blink for more.
</td>
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<h4 class="h4 hdng" style="font-size:18px; line-height: 24px; font-family:'CFont', Arial, sans-serif; font-weight: bold; margin: 0 0 0 0;">
US consumer data + superior Chinese AI technology = serious security concerns for the US
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AI Superpowers
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<p class="para" style="font-size: 16px; line-height: 24px; font-family:'CFont', Arial, sans-serif;">
<em style="">
Kai-Fu Lee
</em>
<br/>
China, Silicon Valley, and the New World Order
</p>
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Open in Blinkist
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The skill this week:
<br/>
<span class="clr-0365F2" style="color: #0365F2; font-weight: inherit; font-style: inherit; display: inline;">
The power of praise
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How often are you told “good job” by your boss? Well, according to
<a class="link" style="color:#2CE080; text-decoration: underline;" target="_blank" universal="true">
Business Insider
</a>
, we're not getting enough good feedback—which is causing employee engagement to drop and workers to quit. It’s important to give constructive feedback to your employees and your colleagues—and the Blink to
<a class="link" style="color:#2CE080; text-decoration: underline;" target="_blank" universal="true">
<em style="">
Thanks for the Feedback
</em>
</a>
<em style="">
</em>
can tell us why.
<br/>
<br/>
People lie on a spectrum in terms of how they will receive feedback, and two things affect this: baseline happiness (read: serotonin) and mindset. Baseline happiness affects what feedback we interalize, while mindset affects whether we take the feedback as a critique to our identity or an opportunity to learn. The combination of these factors means people are very different in how they receive feedback.
</td>
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<tbody>
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<td style="padding:10px 20px 20px 20px;">
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<h4 class="h4 hdng" style="font-size:18px; line-height: 24px; font-family:'CFont', Arial, sans-serif; font-weight: bold; margin: 0 0 0 0;">
People react very differently to feedback—so make sure to integrate positive feedback, even when you think it might seem obvious.
</h4>
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<td>
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Thanks for the Feedback
</span>
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<p class="para" style="font-size: 16px; line-height: 24px; font-family:'CFont', Arial, sans-serif;">
<em style="">
Douglas Stone, Sheila Heen
</em>
<br/>
The Science and Art of Receiving Feedback Well
</p>
</td>
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Open in Blinkist
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