Wharton
Coverage of Wharton in the Nexus archive.
- A pain point in my Wall Street schedule inspired me to leave Citadel to found a laundry startup
Maria Cabral Menezes founded WashWise after noticing that traders on Wall Street faced issues with smelly gym bags and rewearable clothes. The company, described as a 'dry shampoo for clothes,' refreshes items between washes, and it successfully raised $1.2 million in pre-seed funding. Backers include executives associated with JPMorgan, Soho House, and SoulCycle.
- Wall Street’s hidden recruiting pipeline isn’t an Ivy League diploma—it’s the teammate who triples your odds of getting hired
A study by Harvard, Duke, and Wharton researchers found that Ivy League graduates who shared college sports teams with employees at firms like Goldman Sachs and Bank of America had significantly higher odds of being hired there compared to those who only shared a university. The research highlights the 'teammate multiplier' effect, showing that shared athletic experiences, not just educational background, strongly influence Wall Street hiring.
- CLO Price Swings Dictated by Tokyo, Wharton-Led Study Shows
A Wharton-led study shows the US $1.3 trillion CLO market is influenced as much by Tokyo as Wall Street, with price swings dictated by Tokyo's impact.
- The real danger of AI isn't that it's wrong — it's that it could make us stop thinking for ourselves, a professor says
Lucy Gill-Simmen, an associate dean at Royal Holloway, University of London, warns that AI risks making people stop questioning information by providing answers without requiring critical thinking. She highlights the danger of 'cognitive surrender' and 'epistemic atrophy,' where users rely on AI-generated responses instead of verifying facts or constructing knowledge independently.
- Companies still don’t know how to incorporate AI in a holistic way, says Wharton expert
Wharton professor Eric Bradlow highlights that companies struggle to integrate AI holistically, with organizational change and human-AI collaboration as key challenges. He emphasizes AI's potential for revenue growth through new business models rather than cost cuts, stressing the need for reskilling employees to adapt to evolving roles.
- A 6 year study shows which CEOs are pushing RTO mandates: The ones with the biggest egos
A six-year Wharton study found that CEO narcissism, measured through behavioral proxies like signature size and photo dimensions in annual reports, correlates with opposition to remote work and preference for return-to-office mandates. The research suggests ego-driven leaders prioritize power and status, potentially overlooking employee preferences for flexible work arrangements.
- Fortune 500 bosses demanding staff return to the office share one trait: narcissism, research finds
A study found that Fortune 500 CEOs resistant to remote work tend to exhibit narcissistic traits. Researchers linked leader narcissism to a preference for in-person interactions, which allow leaders to assert power and attention more effectively. The study analyzed CEO pay packages, signature sizes, and photo sizes in company reports as proxies for narcissism.
- The hidden cost of letting AI choose your lunch
AI users are increasingly relying on chatbots to make personal decisions like what to eat, wear, or text, raising concerns among researchers about diminishing critical thinking skills. Experts warn that over-reliance on AI could weaken cognitive abilities and allow AI to shape beliefs, as seen in cases where individuals outsourced major life choices to tools like Anthropic's Claude. Apps like Moot are explicitly designed to automate decision-making.