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The Hustle

Orissa Kelly made $130k working as a performance archer last year. How does one stand out in that field, you ask? Kelly shoots flaming arrows with her feet while in a handstand… which we assume gives her a leg up on the competition. (Sorry, but someone was gonna make the joke; why not us?)

In today’s email:

  • Quirk of art: For museums, selling art can be a hot-button issue.
  • Trick of the trades: Vocational programs are hotter than ever.
  • Digits: AI anxiety, $1k concert tix, wildebeest-related fraud, and more.
  • Around the Web: Internet visionaries, venue views, a dog discovering himself, and more internet finds.

🎧 On the go? Listen to today’s podcast for a quick-hitting news rundown to start your week, on everything from the rise of trade schools, to Apple’s latest app, to an interesting… let’s call it a “purchase” in Ohio.

The big idea
art musuem

Why ‘deaccessioning’ is an art museum controversy

Most of us will never have to worry about what to do with that Picasso we don’t want anymore, but for museums, it’s complicated.

In May, Sotheby’s will auction eight pieces from the Whitney Museum of American Art, including Edward Hopper’s “Cobb’s Barns, South Truro,” worth an estimated $8m-$12m, per ArtNews.

It’s a process known as “deaccessioning,” and it’s a long-running controversy in the art world.

Deaccessioning…

… is when a museum permanently removes something from its collection.

This can happen with poor quality, fake, or illegally obtained items; many museums have repatriated looted artifacts to their home nations.

The controversy here surrounds the sale of valuable art. It removes art from the public trust. Plus, if museums can sell their art, why give them donations?

But, as with most things, covid changed deaccessioning and deepened the divide.

For years…

… the Association of Art Museum Directors (AAMD) ruled that museums could only use such funds to acquire new art, else face sanctions that cut them off from other member institutions. This allowed museums to evolve and diversify their collections:

  • In 2018, the Baltimore Museum of Art sold seven pieces for $16.2m to acquire works from women and Black artists.

But when the pandemic shut museums down, AAMD decided they could sell art to provide “direct care” to their collections. This led to renewed criticism as museums navigated looser rules.

  • BMA tried to sell three works in 2020, including a Warhol, to increase wages amid criticism that museums exploited lower-income workers of color, but bailed after backlash.
  • AAMD later defined “direct care” as storage and preservation — but not salaries.

The Whitney’s plans adhere to AAMD rules, but could still receive flak. And we’re just thirsty for art drama not involving AI for once.

Fun fact: Former President Barack Obama once borrowed “Cobb’s Barns, South Truro” to hang in the Oval Office.

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TRENDING
eyeball wearing a hat

Reminding oneself that crime is bad and theft is wrong, as thieves made off with $14.8m in gold and other top-dollar goods in a daring cargo heist at Toronto’s busy Pearson International Airport. Police are investigating because, again, this is wrong and bad and not cool at all.

SNIPPETS

TodAI in AI: Google has added coding to Bard’s capabilities. The AI chatbot can now generate and debug code in 20 programming languages, though double-checking Bard’s work is still strongly recommended.

One day without Twitter drama would be nice: That day ain’t today, as Elon Musk, grand arbiter of blue checks, has posthumously verified accounts for the likes of Kobe Bryant, Anthony Bourdain, and Chadwick Boseman… which may be against a California law forbidding false endorsements.

Living space: Airbus pitched its International Space Station replacement, Loop, which includes a three-story greenhouse and focuses on reducing strain on astronauts. No word on what in-flight movies they’d have available.

Pour one out: Belgium destroyed 2k+ cans of Miller High Life on their way to Germany. The Comité Champagne objected to the brew’s “Champagne of Beers” slogan, which it’s used since 1906.

Lyft layoffs could affect 1.2k+ jobs, or 30% of its workforce. New CEO David Risher wrote that the company needs to cut costs to “deliver affordable rides, compelling earnings for drivers, and profitable growth.” Lyft has fallen behind rival Uber.

Putting the ‘i’ in iPhone: Apple has been developing another health-focused feature — a new journaling app, expected to be a part of its upcoming operating system, iOS 17.

Meanwhile, Humane, a startup led by former Apple employees, shared a live demo of its new wearable device: an AI-powered personal assistant with a projected display that gives off strong “we live inside of sci-fi now” vibes.

A level playing field? The NFL suspended five players (three indefinitely) for violating the league’s gambling policy — an especially sticky situation for a league that has embraced betting as its newest money faucet, expecting $1B+ in gambling-related revenues this decade.

Along for the ride: In case you’re wondering why mall cops the world over have an extra spring in their step — Knott’s Berry Farm reinstated its chaperone policy for 15-and-under teens, who will now require adult accompaniment after 4pm.

They did it: With a 3-1 victory over Boreham Wood, Wrexham AFC — the Welsh soccer club owned by Ryan Reynolds and Rob McElhenney — has been promoted for the first time in 15 years. (Read our previous coverage here.)

Long-struggling Bed Bath & Beyond filed for Chapter 11 protection on Sunday after failing to raise funding.

Lenny Rachitsky, former product lead at Airbnb, left the company to pursue newsletters full time. Here, he shares his three biggest tips on building businesses.

CHART
increase in skilled trade program enrollment
Olivia Heller

Degrees of separation: As college enrollment drops, trade school sign-ups rise

Those “America is short on skilled labor” alarm bells have been going off for years now.

There are active shortages of ~500k construction workers, 600k+ auto technicians, and ~800k manufacturing jobs. (Plus, there’s a scarcity of carpenters.)

But we’re now seeing an encouraging sign that those bells may be answered — and then perhaps tuned up and served some dinner.

Recent enrollment data from the National Student Clearinghouse Research Center shows trade school interest is on the up-and-up, with double-digit increases in many vocational programs, including mechanic, repair, construction, and culinary courses.

  • That’s quite unlike two- and four-year college enrollment, which is on the down-and-down (7.8% and 3.4%, respectively, for public programs).

Mindsets are shifting

These numbers partially represent a pandemic rebound — as hands-on fields strained to offer hands-on training, enrollment in the trades dropped — but that’s not the entire story here.

Young people are choosing trade schools over degree programs because, well, it’s just more financially practical at this point, according to The Hechinger Report.

  • The Washington state auditor found public universities ~2x, and private colleges 10x, more expensive than a technical education.

But mostly, it’s about what happens after: The promise of actually having a job.

  • Federal data shows trade school students are more likely to be employed after school than their high-spending university counterparts — and much more likely to work in their fields of study, too.

Those trade jobs are hardly paying beans. Per Georgetown University’s Good Jobs Project, many are among the 30m jobs paying $55k+ per year that don’t require a four-year degree.

BTW: Need more job perks? We assume the 50k workers the US Navy is currently seeking to build its nuclear submarines will all be hired as consultants on a future Michael Bay film.

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Free Resource

101 professional networking tips

If this banger of a list isn’t enough, perhaps try a pregame ritual. Or meditation.

But here it is — 101 tips and templates for getting in your zone and crushing every function. For smoother maneuvers at the job fair, shindig, or symposium.

Networking pointers for:

  • Entrepreneurs
  • Salespeople
  • Marketers
  • Students
  • Event attendees

Be yourself. Schmooze responsibly.

101 networking tips →
Numbers
digits image

Digits: Just another day in illegally acquiring a wildebeest, and more newsy numbers

1) Unless you work in the felony misappropriations biz, you probably don’t hear this everyday: A former fiscal officer in Vinton Township, Ohio, was sentenced to 59 months in prison and ordered to pay $339.7k in restitution after pleading guilty to using public funds to buy kayaks, hot tubs, a popcorn cart, a swimming pool, and a CPR manikin for personal use. Oh, and a wildebeest, two owls, and other items for his private zoo.

2) It’s time to start thinking about your kelp portfolio. A Nature Communications-published study estimates global coastal kelp forests provide up to $562B worth of services annually through habitat support and nitrogen removal, 3x+ higher than previous estimates. Expect this to go up, too — the study’s models didn’t even include the economic impact of coastal protection, tourism, and recreation.

3) A rising trend in concert ticket prices is definitely not music to our ears. The average resale price on SeatGeek is $252 so far in 2023, up 2x+ since 2019. Some artists, like Taylor Swift, Beyoncé, and Bruce Springsteen are hitting seriously sharp notes with averages as high as $1.3k, $480, and $469, respectively.

4) Talk about some shockingly good ideas: Taipei-based Gogoro offers a network of 12k+ battery-swapping stations to power the electric mopeds of its 500k+ monthly active users. Every minute, Gogoro says 260 swaps take place; the company is now also in the process of converting thousands of stations into “virtual power plants” that send excess electricity back to the grid.

5) Artificial intelligence, actual unemployment: A new Pew study found that much of the US public believes AI would be better than humans in assessing job applicants equally, but worse at seeing potential in applicants. The survey also found 62% believe AI will majorly impact work generally, but 28% think it’ll significantly impact their work personally.

AROUND THE WEB

👯‍♀️ On this day: In 1982, actress Jane Fonda released her first fitness video, Workout. Fonda’s workout empire popularized aerobics, which gave rise to the neon spandex we associate with the decade today.

🏅 Opportunity: To celebrate its 25th anniversary, Mozilla will recognize 25 visionaries who are shaping the internet to be more ethical, responsible, and inclusive. Know someone? Nominate them.

🎧 Podcast: On this episode of “Shark Tank” podcast Another Bite, footwear with dual sole technology, a Justin Bieber-endorsed chair that moves like you do, and more.

👀 Useful: A website that shows you what your view at a venue would be, depending on your ticket.

🐶 Aww: And now, Narcissus, as a dog.

MEME
out of office meme

Sometimes you’ve just gotta lean right into that Monday mood. (Link)

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Editing by: Ben “Kelp wanted” Berkley.

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