Bad week for:
Self-reliance, after a British survey found that 1 in 5 people admit they don’t know how to change a light bulb or boil an egg. Researchers said there is a widening “skills gap” in society.
The C suite, after Alibaba chairman Jack Ma predicted that robots will soon replace CEOs at most major corporations, because they’re more rational than humans. “Fifteen years ago, I gave speeches reminding everyone that the internet will impact all industries,” Ma said, “but people didn’t listen, because I was a nobody.”
Shoddy chic, after high-end retailer Nordstrom was widely ridiculed for selling $425 jeans that come caked with fake mud. The pre-distressed “American workwear,” Nordstrom says, will serve as proof that wearers are “not afraid to get down and dirty.”