AI To Power The Next The World’s Top The War Over Wave Of Updates To 10 Gold Producers Genetic Privacy Is Google Maps In 2020 Just Beginning page 2 page 4 page 6 Volume 2 Issue 7 www.UCastStudios.com What’s Wrong With McDonald’s Ice Cream Machines? By Turner Stephens McDonald’s Ice Cream instead?” The pin has 495 is out of stock at so many replies, revealing that most locations and is such a customers denied their ice consistent problem that many cream do not go to another customers are exasperated. McDonald’s but decide to go For at least 6 years, there has to a different fast-food place been a constant stream of or a grocery store. complaints on social media The vanilla soft serve ice cream from McDonald’s customers is an ingredient in ten menu on this issue. Dozens of items such as McDonald’s YouTube videos stream out to Shakes, McFlurry® desserts, viewers on experiences from and sundaes so when the ice disappointed ice cream lovers cream machine is down, all on how, again and again, they these items are unavailable. could not buy an ice cream That’s it. Customers must item at McDonald’s. order a meal without these A video from Mashed cited dessert items or throw their $11 billion in sales, according which sets it apart to bring Harris’s video apparently hit the fact that the number hands up in frustration and to IDFA’s Dairy Delivers. Also, in repeat customers. Yet the a nerve, since it received an one customer complaint go eat somewhere else. 87% of Americans keep ice problem of a “broken ice cream astounding 7,233,228 views in 2016 on Twitter was This is difficult to understand. cream in their freezer. Take- machine” is not common at in just 39 days. that McDonald’s ice cream Why would McDonald’s allow home ice cream for the freezer other fast-food restaurants. Harris videoed himself going machines were broken. “The this problem to continue for is 200% more popular than Johnny Harris posted the to several McDonald’s and Real Reason McDonald’s Ice years? Ice cream is a growing impulse ice cream, such as soft YouTube video, “The REAL being told by employees that Cream Machines Always Seem food category worldwide. serve ice cream at fast-food Reason McDonald’s Ice Cream the ice cream machine was to Be Broken” received over Retail ice cream unit sales restaurants. Machines Are Always Broken” broken. Over the course of 1.8 million views. Mashed grew 4.3% for the 12-month There is a tremendous amount on April 23rd this year. There the video, he revealed Taylor placed a pin at the top of the period ending May 2020, of ice cream competition are many YouTube videos that Company manufactures the comments section, “When according to dairyfoods.com. out there. For this reason, complain that McDonald’s ice cream machines for all the McDonald’s ice cream Each American consumer eats McDonald’s has low-price locations are often or “always” U.S. McDonald’s restaurants. machine is broken, where do an average of 23 gallons of ice ice cream items on its menu, unable to serve ice cream. Yet, you like to get your ice cream cream each year, which is over Continued on page 5 Entrepreneurs Are Motivated By Profit, Not Risk By Frank Shostak Of The Mises Institute effect on asset prices, since it systematic manner. is already embedded in asset This means that methods that prices. attempt to extract information Should, however, the central from historical data, such bank raise interest rates by 1 as fundamental analysis or percent, rather than the 0.5 technical analysis, are of percent expected by market little help, for whatever an participants, then the prices analyst uncovers in the data of financial assets will react to is already known to the market this additional increase. and hence will not assist in According to the MPT, “making money.” the individual investor The proponents of the cannot outsmart the market MPT argue that if past data by trading based on the contains no information for According to modern portfolio instantaneous. this expected increase prior available information, since the prediction of future prices, theory (MPT), financial asset For instance, if the central to the central bank raising the available information is then it follows that there is no prices fully reflect all available bank raises interest rates by interest rates. Note that once already contained in asset point in paying attention to and relevant information, 0.5 percent, and if market the central bank lifts the prices. Changes in asset prices fundamental analysis. and any adjustment to new interest rate by 0.5 percent, participants anticipated this occur because of news, which Does the MPT Framework information is virtually this increase will have no cannot be predicted in any action, asset prices will reflect Continued on page 2 Business AI To Power The Next Wave Of Updates To Google Maps By Market Crumbs Google gave a preview earlier Live View is now available eco-friendly route when it has low emissions zones such as reflected on the strides that this week of a handful of new on Android and iOS in select about the same ETA as the Germany, the Netherlands, have been made in the way features coming to Google malls in Chicago, Long Island, fastest route. France, Spain, and the UK people find their way around Maps this year thanks to Los Angeles, Newark, San will even get a feature over the last 20 years. improvements in artificial Francisco, San Jose, and this summer that alerts “Sixteen years ago, many of us intelligence. The most notable Seattle. Live View is set to them if their vehicle is held a printout of directions updates include Live View for roll out in select airports, allowed in a particular in one hand and the steering navigating indoors and the malls, and transit stations area as a result of the wheel in the other to get ability to select the most eco- in Tokyo and Zurich in zones. around— without information friendly route to get to your the coming months with Other features that about the traffic along your destination. additional cities to follow. roll out globally in the route or details about when Live View uses AR and a With the help of the U.S. coming months include your favorite restaurant was technology called global Department of Energy’s machine learning open,” Glasgow wrote. “Since localization to let Google National Renewable capabilities that suggest then, we’ve been pushing the Maps users explore indoor Energy Lab, Google routes that are popular boundaries of what a map places that are notoriously Maps is also rolling out in your city, information can do, propelled by the latest hard to navigate such as the ability to choose the about weather and air machine learning.” airports, transit stations, and route to your destination quality, and curbside Google hopes it can hold its malls. The feature allows users with the lowest carbon g r o c e r y p i c k u p grip on the maps space as it to hold their phone in front of footprint. Taking into Eco-friendly routes will information such as pickup plans to introduce more than them to find things such as consideration factors such launch later this year for users and delivery windows, fees, 100 AI-powered improvements the nearest elevator, baggage as road incline and traffic in the U.S. with the feature and order minimums. to Google Maps this year. claim, check-in counter, congestion, Google Maps expanding globally to follow. Google’s VP of Product, restroom, and ATM. will soon default to the most Users in countries that have Google Maps Dane Glasgow Entrepreneurs Are Motivated By Profit, Not Risk, continued from page 1 Make Sense? anticipated lowering of interest relative prices of assets. To consumers’ responses and only unsystematic risk is Is it valid to argue that past rates by the central bank, suggest, then, that somehow counter responses to a given eliminated. Systematic risk information is completely while being regarded as old the market will quickly cause. This, of course, must cannot be removed through embedded in prices and news, which is therefore not incorporate all the future mean that market participants diversification. It is held therefore of no consequence? It supposed to have real effects, effects of various present not only must know that return on any stock or is questionable whether market will in fact set in motion the occurrences without telling us consumers’ preferences but portfolio is positively related participants can discount the boom-bust cycle. how it is done is questionable. also how these preferences are to the systematic risk, i.e., the duration and the strength of Obviously, these changes in Even if we were to accept that going to change. Consumer higher the systematic risk, the various phenomena. the real incomes of individuals modern technology enables all preferences, however, cannot higher the return. be revealed before consumers For instance, a market- will lead to changes in the market participants to have The systematic risk of stocks equal access to have acted. captures the reaction of news, there is still MPT Implies Diversification individual stocks to general the issue of news Reduces Investment Risk market movements. Some interpretation. It The basic idea of MPT is that stocks tend to be more has to be realized compiling a portfolio of volatile sensitive to market movements that markets stocks, i.e., risky stocks, will while other stocks display less are comprised lead to a reduction in overall sensitivity.