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☆ A 33-year-old man turned a Japanese farmhouse into a mountainside Airbnb retreat for $25,000 — here's how he did it
▼ + stars: | 2024-04-18 | by ( Claire Turrell | ) www.businessinsider.com time to read: +6 min

Read previewSingaporean Xian Jie Lee, 33, moved to Japan in 2012 to study political science. Xian Jie LeeShu told Lee that he could rent a farmhouse in a village called Ryujinmura. "I removed the tatami (traditional straw floor covering) in the inner room and fell through the floor," Lee said. Xian Jie LeeWhile renovating the guesthouse, Lee turned his own home into a café three days a week to earn extra income. Xian Jie LeeLee has also been able to participate in unique experiences himself.

Persons: —, Jie Lee, Lee, Shu, Wayakama, Xian Jie Lee Shu, who'd, shoji, Lance Yeo, Xian Jie Lee, he'd, Xian Jie Lee Lee Organizations: Service, Business, YouTube Locations: Japan, Kyoto, Wakayama, Singapore

☆ South Koreans become a year or two younger as traditional way of counting age scrapped
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: +1 min

SEOUL, June 28 (Reuters) - South Koreans became a year or two younger on Wednesday as new laws that require using only the international method of counting age took effect, replacing the country's traditional method. Under the age system most commonly used in South Koreans' everyday life, people are deemed to be a year old at birth and a year is added every Jan. 1. But many South Koreans continued to use the traditional method for everything else. In December, South Korea passed laws to scrap the traditional method and fully adopt the international standard. Another age system exists in South Korea for conscription, school entrance and calculating the legal age to drink alcohol and smoke: a person's age is calculated from zero at birth and a year is added on Jan. 1.

Persons: Lee Wan, Choi Hyun, It's, Choi, Soo, hyang Choi, Daewoung Kim, Gerry Doyle Organizations: Thomson Locations: SEOUL, South Koreans, South, South Korea, Seoul

But when asked their age in informal settings, most South Koreans will answer with their “Korean age,” which could be one or even two years older than their international age. Born on December 31, 1977, he is considered 45 by international age; 46 by calendar year age; and 47 by Korean age. Under this law, people are allowed to buy alcohol starting in the year they turn 19 (in international age). Many residents are likely to continue using the traditional Korean age system in day-to-day life and social scenarios, as is common. And it marks a victory for lawmakers who have spent years campaigning to standardize international age, fed up with the multiple systems.

Persons: South Korea CNN —, –, ”, Lee Wan, ” Lee, Yoon Suk, Psy, Lee Organizations: South Korea CNN, South, Ministry of Government Locations: Seoul, South Korea, South Korea’s, China, South Koreans

☆ Singapore is not looking to regulate A.I. just yet, says the city-state's authority
▼ + stars: | 2023-06-19 | by ( Sheila Chiang | ) www.cnbc.com time to read: +5 min

"We are currently not looking at regulating AI," Lee Wan Sie, director for trusted AI and data at Singapore's Infocomm Media Development Authority, told CNBC. It is calling for companies to collaborate in the world's first AI testing toolkit — called AI Verify — that enables users to conduct technical tests on their AI models and record process checks. Google , Microsoft and IBM are among tech giants which have already joined the AI Verify Foundation — a global open-source community set up to discuss AI standards and best practices, as well as collaborate on governing AI. "By creating practical resources like the AI governance testing framework and toolkit, Singapore is helping organizations build robust governance and testing processes," said Smith. Singapore has really sort of positioned itself as almost like the steward in the region of responsible and trustworthy use of AI.

Persons: Nicky Loh, Lee Wan Sie, IMDA, Lee Wan, chatbot ChatGPT, Sam Altman, Elon Musk, Lee, Haniyeh, Brad Smith, Smith, Josephine Teo, Teo, Emmanuel Macron, Macron, Stella Cramer, APAC, Clifford Chance's, Clifford Chance, Stella Cramer APAC Organizations: Bloomberg, Getty, Media Development Authority, CNBC, Tech, IBM, Singapore Airlines, Tesla, U.S, National AI Advisory, Google, Microsoft, Singapore government's, Asia Tech, Singapore's, Communications, European Union, Artificial Intelligence Locations: Bay, Singapore, DataRobot, U.S, China

☆ Here's the 13-page pitch deck that Salt Labs, a fintech helping hourly workers build wealth, used to raise a $10 million pre-seed round
▼ + stars: | 2023-04-12 | by ( Paige Hagy | ) www.businessinsider.com time to read: +4 min

Salt Labs is a fintech that wants to help hourly workers build wealth. Salt Labs used this 13-page pitch deck to raise a $10 million pre-seed round. "The mission of Salt Labs is to enable hourly workers to own the long-term value of their work," Jason Lee, founder and CEO of Salt Labs, told Insider. Salt Labs announced a $10 million pre-seed round on March 29, led by Fin Capital. Read the 13-page pitch deck Salt Labs used to raise a $10 million pre-seed round.

☆ The stock market just flashed the first sign that investors think the Silicon Valley Bank crisis is over
▼ + stars: | 2023-03-29 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The stock market just flashed its first sign that suggests the US banking crisis is over, according to Fundstrat's Tom Lee. The CBOE Volatility Index closed below the 20 level for the first time since Silicon Valley Bank collapsed. "That is generally a constructive sign and is certainly counter to the general gloom of investors post SVB-failure," Lee said. "The VIX term structure is also back into normal contango... this normalization of spread is often a sign investors see the worst of the crisis behind. Lee highlighted three other signals that would suggest the banking crisis is over.

☆ Tim Berners-Lee wants us to reclaim the internet from tech giants
▼ + stars: | 2022-12-16 | by ( Daniel Renjifo | ) edition.cnn.com time to read: +3 min

London CNN —The internet has come a long way since Tim Berners-Lee invented the world wide web in 1989. Now, in an era of growing concern over privacy, he believes it’s time for us to reclaim our personal data. Through their startup Inrupt, Berners-Lee and CEO John Bruce have created the “Solid Pod” — or Personal Online Data Store. The latter plans to use Pods to let its citizens choose how to share their personal data. A former physicist, Tim Berners-Lee, pictured in 1994, invented the world wide web at the European Organization for Nuclear Research, CERN.

☆ James Cameron's 'Avatar: The Way of Water' looks different from every movie you've ever seen—here's why
▼ + stars: | 2022-12-15 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

With "Avatar: The Way of Water" hitting theaters this weekend, director James Cameron is gambling that audiences are ready to not only return to Pandora after 13 years, but that they will be open to a film shot in 48 frames per second. For virtually the entire history of film, movies have been shot and displayed at the cinematic standard of 24 frames per second. This means that 24 still images are displayed on the screen every second, creating the illusion of motion. "It came to kind of define the genre of film," Richard Miller, executive vice president of technology at Pixelworks, says of the 24 frames per second look. Newscasts, live sports and even soap operas typically hit your TV screen at 30 frames per second, which gives them their distinct visual feel.

☆ Web inventor Tim Berners-Lee wants us to 'ignore' Web3: 'Web3 is not the web at all'
▼ + stars: | 2022-11-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

It involves a few technologies, including blockchain, cryptocurrencies and nonfungible tokens. Personal data stores have to be fast, cheap and private." "Ignore the Web3 stuff, random Web3 that was built on blockchain," he added. Berners-Lee said people too often conflate Web3 with "Web 3.0," his own proposal for reshaping the internet. "The result was a big data race where the winner was the one corporation that controlled the most data and the losers were everybody else," he said.

☆ A career-switching millennial nearly doubled her salary to $95,000 after the Great Resignation and quiet quitting helped her choose a more fulfilling path
▼ + stars: | 2022-09-18 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +5 min

The Great Resignation and "quiet quitting" made her realize work should serve her lifestyle, not the other way around. She currently works at JPMorgan Chase in user experience design, where she makes nearly twice her old salary. The Great Resignation — sometimes called the "Great Reshuffle" — was the exodus of millions of workers from their jobs over the past two years. "The Great Resignation and quiet quitting environment has helped me let go of perfectionism," she said. She makes $95,000 annually there, a major jump from the $57,000 she earned at Ross, Insider verified via pay stubs.

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