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Insights July 2023

Insights July 2023

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SIZING UP  

Chart depicting how remote work decreases with company size, with smaller companies showing more flexibility.

 

A fascinating visualization of the difficulty in managing larger teams remotely. Gallant MacDonald has a disbursed team, and we have found it relatively straight forward to maintain connectivity between geographies with a combination of socials and software. It is easy to imagine how the complexity of maintaining those connections would scale with organizational size, and the data bears out those management preferences.

 


Kids Help Phone Team Up to Expand Use of AI in Mental Health Services

We supported Kids Help Phone historically via Capitalize for Kids and were incredibly pleased to see this announcement. Just another example of how recent technological advances can potentially increase productivity and efficiency--but this time without a focus on profit, instead ensuring Kids get access to the help they need.

Using natural language processing (NLP), KHP will continue to adapt its aggregated youth mental health dataset to the way young people speak, allowing frontline staff to offer more precise services to young people based on their words, phrases, and speech patterns, and route young people to available and appropriate service channels.

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Meet Jeremy Hansen, the Canadian astronaut on board Artemis 2 moon mission | Elizabeth Howell

Another reason to be a proud Canadian, as we continue to punch above our weight in Space (insert weightless pun here…).

As they came around the backside of the moon and took that famous Earthrise photo of the globe hanging in the blackness of space, we saw our entire planet for the first time — its beauty, its fragility — and we were reminded that we are in all this together

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Category 5 Hurricane Spurred by Fed Rate Hikes

Barry Sternlicht, billionaire real estate investor and Chair of Starwood, has an interview which will air on The David Rubenstein show soon. This article captures the highlights, and is a good summary of the current turbulence in commercial real estate.

You know, we were gonna give back an office building. And they said, “Well, not so fast. If you want to, we’ll restructure the loan. And we’ll cut the loan in half. And you put the money in here. And we’ll take this as a junior note.” Because the banks don’t want the assets back. They’re not set up to carry these assets. It’s not their business.

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The Great Convergence: Global Equality and Its Discontents | Branko Milanovic

A great article which highlights trends in equality with nuance vs. the typical black and white headlines describing rising inequality. There are lessons of history, and analysis of recent changes in income distributions from a global perspective. Well worth a read.

Globalization, the argument goes, may have enriched certain elites, but it hurt many other people, ravaging one-time industrial heartlands and making people susceptible to populist politics.

There is much that is true about such narratives—if you look only at each country on its own. Zoom out beyond the level of the nation-state to the entire globe, and the picture looks different. At that scale, the story of inequality in the twenty-first century is the reverse: the world is growing more equal than it has been for over 100 years

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