In this blog post, we examine how accurate oil depletion predictions are and explore how the R/P ratio and technological advancements impact oil reserves. When exactly will oil depletion occur? Many people likely expect oil to run out in roughly 50 years, based on various media and sources. This would mean a world without oil arriving around 2075, and the depletion date predicted 50 years...
How do servers run non-stop 24/7, 365 days a year?
This blog post explores the principles behind servers operating stably without interruption 24/7, 365 days a year. Discover how hardware and software technologies enable uninterrupted service. Many internet services are actively operating and developing these days. Representative internet services include social networking services like Facebook and Twitter. These services provide users...
Why did 20th-century abstract painting in Western art reject realism and seek a new path?
This blog post examines why 20th-century abstract painting in Western art rejected realism and sought a new path. Explore the historical context and artistic shifts together. Entering the 20th century, Western art saw a pronounced trend toward abstract painting, which emphasized the formal qualities of painting over the realistic depiction of subjects. The formal elements of painting can...
How did the Industrial Revolution break down traditional communities and alienate individuals?
This blog post examines how the Industrial Revolution dismantled traditional communities and led to the alienation of individuals. We explore the changes in social structure and their impacts in detail. The Industrial Revolution that occurred in Britain around the 1760s Around the 1760s in Britain, technological innovation was accompanied by a transformation of social and economic...
How does resistant maltodextrin help manage blood sugar?
This blog post explores how resistant maltodextrin delays sugar absorption to mitigate post-meal blood sugar spikes and aids diabetes management. According to the International Diabetes Federation (IDF)‘s 2021 ‘Diabetes Atlas’ 10th Edition, approximately 537 million adults aged 20-79 worldwide have diabetes, representing about 10.5% of the total adult population. This upward trend is...
Why do banks recommend funds with higher fees than returns to their clients?
In this blog post, we’ll look at the structural reasons why banks recommend funds with fees that outweigh their returns, highlighting examples of fund risks, hidden costs, and pitfalls of return claims, and outline the criteria investors should look for. Funds are investments, not savings The first “fund” in Korea dates back to May 1970, when the Korea Investment Development...
Does a rising exchange rate really shake the Korean economy?
This blog post examines whether a rising exchange rate directly signals a crisis for the Korean economy and calmly explains how exchange rates, base interest rates, and government policies interact. Does a rising exchange rate really shake the economy? From summer 2022 to fall 2023, the won-dollar exchange rate surged significantly. While exchange rates are inherently volatile indicators...
Why has the income of salaried workers become a ‘glass wallet’?
This blog post begins by exploring why the income of salaried workers is called a ‘glass wallet’. It then examines the optical illusions created by averages and statistics, and discusses the right perspective for reading financial management articles. The Story of Our ‘Glass Wallets’ From here on, we’ll focus on the story of those within households who sustain their livelihoods...
In the Age of Big Data, Can Objectivity Be Achieved Without Privacy Protection and Ownership?
This blog post examines whether objectivity can be achieved in the age of big data when issues of privacy protection and data ownership remain unresolved. People generate enormous amounts of data daily without even realizing it. On Facebook, one of the social networking services (SNS), hundreds of billions of posts accumulate each month, while messenger apps like WhatsApp, Zalo, and...
Climate Change: Is What We Know Really All There Is?
This blog post aims to foster a balanced understanding by exploring diverse perspectives and scientific debates surrounding global warming. From the mid-20th century to the present, people have been heavily exposed through education and media to the notion that ‘global warming is a problem humanity must solve.’ This influence has led many to recognize the severity of global warming and...