Students return to campus, alumni business goes public on NASDAQ, and the impact of USG is valued at $20 billion
The opening bell at NASDAQ is a million miles from the apartment where Brandon Mintz (BBA ’16) launched his first bitcoin business. He credits fundamentals such as customer service and smart growth for Bitcoin Depot’s ascent to new heights.
A new study by Jeff Humphreys, director of the UGA Selig Center for Economic Growth, found the 26 public institutions making up the University System of Georgia have an annual impact of $20.1 billion.
While the 2008 financial crisis only lasted two years, finance professor Nikhil Paradkar found that the impact on the borrowing ability of millions of American families lasted for a decade or more.
The forecast for a busier than typical hurricane season may be bad news for coastal residents and insurers reeling from years of record losses, according to Terry risk management professor Marc Ragin.
As managers integrate AI tools into office life, Terry College researchers such as Ling Xue are working to expand the business world’s understanding of the promise and peril of artificial intelligence.
They say you can’t judge a book by its cover, but can you judge a granola bar by its box? A new study from Terry College researchers found people believe simple packaging conveys a healthier product inside that’s worth more.
Just in time for football season, UGA senior Lee Evans and recent hospitality graduate Maddy Heck took home $10,000 from Entrepreneurship Program’s Summer Launch to boost the production of Buck’s Customs Slings.
After the bus route scheduling software AlphaRoute botched the school bus schedule in Louisville, Ky., management information systems professor Aaron Schecter told the Associated Press that the schedules — which told students to walk to bus stops as early as 6 a.m. and dropped them off after 9 p.m. — were probably algorithmically correct, but no one checked if they were feasible for humans. An algorithm might meet its goal of minimizing the number of drivers on the road at the expense of students’ time on the bus but overlook a scenario where students arrive home after bedtime. “The underlying principle here is that people were wooed by something that seemed sophisticated, and they trusted that AI would be a magic fix,” Schecter said.
Smaller households and higher mortgage rates are stopping people from moving into larger housing and growing the market for smaller home construction across the country, real estate professor Rich Martin told Axios. “People are investing in their existing home instead of moving up, which could cause the median size of what’s purchased to go down,” Martin said. “People are not moving up to the next better and bigger house like they used to.” The fact people stay in their starter homes longer and adapt them to their changing needs is part of a nationwide trend of developers focusing on houses with smaller footprints. The number of new homes with fewer than three bedrooms increased 9.5% between 2021 and 2022, according to Zillow.com.