Breakthroughs and everyday innovations from the year.
HEADLINES ON November 14, 2008
Full News Archive
- Headline: Reimagining Modern Cabins. Impact: The rise of stylish cabins sparked a nationwide obsession with Instagram-worthy retreats. This ultimately led to the invention of the 'glamping' trend, where people pay exorbitant amounts of money to sleep in a tent that has more amenities than their actual homes.. Fact: Did you know that the word 'cabin' originally referred to a small, simple dwelling? Now it refers to a 'luxury escape' that costs more than your rent. Progress!.
- Headline: The Dilemma of Lower Gas Prices. Impact: Lower gas prices created the illusion of wealth, leading Americans to save instead of splurge. This resulted in a nationwide trend of people becoming financially responsible – a concept so foreign that it caused a spike in confusion and existential crises at shopping malls.. Fact: Fun fact: The average American saves about as much as they spend on overpriced coffee. So, if you’re feeling rich, just remember – you might just afford that third pumpkin spice latte instead of a new car..
- Headline: A Science Lover’s Kind of Town. Impact: The academic prowess of Harvard and M.I.T. led to a brain drain where the rest of the country felt totally inadequate. This eventually resulted in a spike in self-help books and motivational quotes on social media, with everyone trying to convince themselves that they, too, could design a faster toy bobsled.. Fact: Did you know that M.I.T. stands for Massachusetts Institute of Technology? But in reality, it stands for 'Minds Ignited by Technology'... or 'More Innovation Than Time,' depending on who you ask..
Wall Street Time Machine
NFLX
Netflix
Netflix - If you invested $1,000 in 2008, it would be worth $249,715 today (249.7x return)