The Daily Valet. - 6/11/24, Tuesday

Tuesday, June 11th Edition
Cory Ohlendorf  
By Cory Ohlendorf, Valet. Editor
Turns out, some of your bad qualities can make you a winner.

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Today’s Big Story

Does Success Follow Failure?


Failure may not be such a great teacher after all, new research suggests


If, at first, you don’t succeed … try, try again. That’s what we’re told. But the idea that failure is always a good teacher may need a slight update. Because that platitude could be both inaccurate and damaging to society, according to a paper published in the Journal of Experimental Psychology, titled “The Exaggerated Benefits of Failure”.

A team of researchers from the business schools of Northwestern, Cornell, Yale and Columbia universities analyzed data from different online surveys including nearly 2,000 adults in the United States between the ages of 29 to 49. The researchers looked at how people predicted the resilience of professionals such as lawyers, teachers and nurses, as well as people with substance use disorders and heart problems.

They found that most of us tend to overestimate the likelihood of success following failure, which may make us less willing to help others who are struggling. “People thought that tens of thousands of professionals who failed standardized tests would go on to pass (who don’t), that tens of thousands of people with drug addiction would get sober (who don’t), and that tens of thousands of individuals with heart failure would make major lifestyle changes to improve their health,” the study’s lead author wrote.

In reality, it’s difficult to learn from a bad experience because failure is “demotivating and ego-threatening,” the report found. According to NBC News, the findings highlight how our outside perspective tends to focus on what can be learned from a failure, overlooking that people living through a setback may not perceive it as a learning opportunity.

It’s a painful ego lesson, says Dr. Ryan Sultan, director of the Mental Health Informatics Lab at Columbia University Irving Medical Center. “If you have failed at something, just retrying is likely not sufficient to change your outcome.” He suggests re-evaluating the situation by asking: “What new strategies could be adopted?” and “What resources or support systems could we engage with that would improve our chances of success in the future?”

On the Bright Side:
To fail at something builds character and grit. Here are some tips to get you through your next fumble.

U.N. Passes Gaza Cease-Fire Resolution


The Security Council endorsed the U.S.-backed plan

The United Nations Security Council voted to support a U.S.-backed resolution endorsing a ceasefire plan for the war in Gaza (with only Russia abstaining). The proposal sets out conditions for a “full and complete ceasefire”, the release of hostages held by Hamas, the return of dead hostages’ remains and the exchange of Palestinian prisoners.

Of course, whether Israel and Hamas agree to go forward with the plan remains in question, but the resolution’s strong support in the U.N.’s most powerful body puts added pressure on both parties to approve the proposal. Israel on Monday vowed to persist with its military operation in Gaza, saying it won’t engage in “meaningless” negotiations and that the war would not end until all hostages were returned and Hamas’ capabilities were “dismantled.”

According to the BBC, the resolution was approved shortly after Secretary of State Antony Blinken met with foreign leaders, including Mr. Netanyahu, in an attempt to build support for the ceasefire deal. The proposal would end with a major reconstruction plan for Gaza, which has been largely destroyed in the conflict. But before that, there would be a hostage-prisoner swap as well as a short-term ceasefire, followed by a full withdrawal of Israeli forces from Gaza, according to a text of the U.S. draft resolution.

The Biden administration has discussed potentially negotiating a unilateral deal with Hamas to free U.S. hostages.


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An Alzheimer’s Advance


An experimental drug was shown in a clinical trial to slow cognitive decline by 35% in early stages

This seems promising: A closely watched Alzheimer’s drug from Eli Lilly won the backing of federal health advisers on Monday, setting the stage for the treatment’s expected approval for people with mild dementia caused by the disease. Food and Drug Administration advisers voted unanimously that the drug’s ability to modestly slow the disease outweighs its risks of side effects.

According to the New York Times, Alzheimer’s afflicts more than six million Americans. It has no cure, and there is no treatment or lifestyle modification that can restore memory loss or reverse cognitive decline. The committee concluded, though, that the consequences of the brain-robbing disease are so dire that even a modest benefit can be worthwhile.

One well-respected practicing geriatrician wrote in the Wall Street Journal that he was optimistic about the future. “Anti-amyloids are fairly safe, modestly effective, and the only disease-modifying drugs currently available,” he said. “I remain hopeful that this first class of therapeutics is merely a starting point as scientists build out an arsenal of drugs necessary to stop Alzheimer’s.”

If progress isn't made, the number of Americans living with Alzheimer's is projected to rise to nearly 13 million by 2050.

Apple Jumps Into the AI Arms Race


They’ve stayed on the sidelines as the tech industry goes wild for AI. Not anymore.

Apple officially launched itself into the artificial intelligence arms race, announcing a deal with ChatGPT maker OpenAI to use the company’s technology in its products and showing off a slew of its own new AI features. The announcements were made at the tech giant’s annual Worldwide Developers Conference on Monday.

According to The Verge, the company that once refused to use the term “artificial intelligence” when talking about its machine learning features is now, as best as we can tell, catching up with just about all of the table-stakes features that Google, Microsoft, and others have rolled out in the last year. They unveiled sweeping plans to put AI in nearly every corner of the iPhone. The company said it’ll be adding AI functions to the native apps for email, messages and photos, as well as to app notifications and the abilities of Siri. And, as rumored, it’ll even use AI to allow people to generate custom emojis. The features will be included as part of the launch of iOS 18, as well as updates coming to operating systems for the Mac and iPad, which will be released in the fall.

The big takeaway, it seems, is the personalization. Think of everything on your phone … as powerful as chatbots like OpenAI’s ChatGPT can seem, they know little to nothing about you. One example Apple gave: asking the iPhone’s voice-based assistant, Siri, “When is my mom’s flight landing?” and then getting back an answer in which 1) Siri understood who you meant by “mom” and 2) pulled a flight number from a previous text conversation.

Green Bubble Bias:
With native RCS support, iOS 18 will significantly improve messaging between Apple and Android devices, adding features like typing status, read receipts, and higher quality images and video.


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What We’re Buying


Chino shorts


Todd Snyder just updated its sale section, offering up to 60% off some of the brand's best sellers and even pieces from their first spring/summer drop. That includes everything from lightweight shirts and breezy linen layers to shorts and third-party footwear. It's the perfect time to update your wardrobe with some high-quality pieces while saving significant money as well.

Our Pick:
Relaxed chino short, $178 / $99 by Todd Snyder

Morning Motto

You’re alive and on your path.


I'm ok. Broadly speaking.




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