In 2022, the global bond market totaled $133 trillion. As one of the world’s largest capital markets, debt securities have grown sevenfold over the last 40 years. Fueling this growth are government and corporate debt sales across major economies and emerging markets. Over the last three years, China’s bond market has grown 13% annually. - From Visual Capitalist
Within five days of its release to the public in November 2022, ChatGPT had amassed a user base of over a million people. What about other tech firms like Netflix, Spotify, or Facebook? - From RankingRoyals.com
ChatGPT was trained on over 570 Gb of text – This is equivalent to 5.7 billion pages of text which would take a human that could read 1000 pages a day 4 thousand years to complete. – From Blue Label
Are wealth and prosperity legitimate measures of happiness? How about safety and health outcomes? In the West, we view democracy as a key component to happiness, yet there are countries under authoritarian rule that score high in the Happiness Index. Questions like these make “ranking happiness” a particularly challenging puzzle, but also one worth pursuing. - From Visual Capitalist
Data loss and data breaches seem to be cropping up everywhere. It’s time to be vigilant and double down on our cybersecurity efforts. Learn more about how and where the world’s largest data breaches are happening in the following infographic. - From Infographic Journal
The unemployment rate in six of the G7 countries hovers near the lowest in a century. With an unemployment rate of 3.4%, the U.S. jobless rate hasn’t fallen this low since 1969. But as some economies navigate a strong labor market against high inflation and hawkish monetary policy, others are facing more challenging conditions. - From Visual Capitalist
Many of the lowest inflation rates around the world are located in Asia, including Macau, China, Hong Kong, and Taiwan. But now as China has reopened, some signs of inflation are beginning to appear. Food prices are up 4.8% annually in December, and hotel rates are rising. In Europe, Switzerland has the lowest inflation rate, at 2.8%. - From Visual Capitalist
Despite widescale layoffs in 2022, technology companies made up more than 40% of Glassdoor’s Best Places to Work list in 2023. You might notice that two regular winners, Apple and Meta, did not make the top 100 this year. - From Visual Capitalist
Experts predict worldwide retail e-commerce sales will soar from about 5 trillion US dollars to just over 8 trillion dollars by 2026. The average American checks their phone once every 10 minutes.Mobile devices account for 71% of retail traffic and generate 61% of online shopping orders. - From The Future of Commerce
The 2023 Gartner CIO and Technology Executives Survey shows Retail CIOs are prioritizing growth and customer experience. This infographic will show you how your peers are investing in tech to deliver on digital initiatives.
There are 4.76 billion social media users in the world or 59.4% of the global population. It grew by 137 million over the past 12 months. Average time spent 2 hours and 31 minutes per day on social media. Added together, the world spends close to 12 hours using social media every day. - From DataRePortal
One telling observation from the data above is that none of the risks left a majority of experts feeling confident in our ability to prevent the risk from occurring, or prepared to mitigate its impact. As the 2020s are shaping up to be a turbulent decade, that could be a cause for concern. - From Visual Capitalist
The markets in 2022 were characterized by a lot more pain than gain. In absolute terms, Apple is the biggest loser on the year, shedding $846 billion from its market cap. Meta, which is in the midst of building out its vision for a “metaverse”, also saw one of the biggest declines, shedding $464 billion in market cap. - From Visual Capitalist
By the end of 2022, COVID-19 dropped from the No. 1 concern (35%) in January to the No. 10 spot with a mere 11% saying it was a top worry in their country in December. The cost of living passed the pandemic as the No. 1 concern. - From IPSOS
In 1960, the U.S. made up nearly 70% of global R&D spending, and by 2020 this had fallen to 30%. Switzerland ranks at the top for the 12th year in a row—above the U.S., South Korea, and Israel. Globally, four of the five top R&D spending companies are in America: Amazon ($42.7 billion), Alphabet ($27.6 billion), Microsoft ($19.3 billion), and Apple ($18.8 billion). - From Visual Capitalist
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