Neil Postman warned in 1988 about the fragility of human intelligence in the face of media distractions and the rise of visual culture. Recent OECD assessments showed declines in literacy skills in many countries, attributed in part to technology changing how people consume information. AI tools like ChatGPT offer potential to enhance lower-skilled workers’ performance but may also lead to dependence if foundational skills are lacking.
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CrowdStrike: Higher Sales, Higher Costs
CrowdStrike (NASDAQ: CRWD) recently released its financial report as it approaches the one-year mark since a significant global outage in July 2024. The cybersecurity firm exceeded earnings per share (EPS) estimates while matching revenue, although it experienced declines in earnings, free cash flow, and annual recurring revenue (ARR) compared to the previous year. The company is making strides in recovery from the incident, as indicated by these financial results. Full Article
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