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Generic store brand groceries can increasingly be found in the pantries, fridges, and freezers of Americans across all income groups. Once designed to communicate value and affordability, a new generation of private labels designed for high earners is driving sales. Among households earning more than $100,000 a year, 82% say they’ve increased the frequency of buying store-brand groceries “often” or “very often,” according to a report from Alvarez & Marsal Global, a consulting firm. That’s compared to 74% of households earnings less than $100,000 a year who also say they’ve increased their store-brand grocery purchases. Grocers have rebranded and grown their portfolio of private label brands over the past several years to cater to consumers pressed by inflation, and it’s paid off as the highest-earning shoppers make up an increasingly large share of the economy. The report attributed the steep increase among the highest-earning Americans to “improvements made in private label products.” [Photo: Walmart] Nowhere is this more true than Walmart, the leading grocer since 2019, which launched a new private label called Bettergoods in 2024 that includes products that are plant-based, organic, or gluten-free. These products intentionally cater to the Whole Foods shopper with bright, well-designed packaging. The company reported quarterly revenue of $179.5 billion, up 5.8%, and said high-income households were part of the reason why. “We continue to benefit from higher-income families choosing to shop with us more often,” Walmart CEO Doug McMillon said on the company’s earnings call late last month. Upgraded, design-ified generic brands aren’t just boosting high-income shopping, though. The report found 68% of shoppers across all income groups believe store brands offer quality that is as good or better than national brands, and switching to store brands was the No. 1 way shoppers said they cut their grocery bill. [Photo: Aldi] Those trends are shaping the industry. Albertson’s says it’s aiming for private labels to eventually account for 30% of its business, Aldi put its name on all its products for the first time, and Amazon debuted a new branded online grocery store with packaging that makes good use of its new font, bright colors, and white space. With high-income households driving so much spending, industries from airlines to produce are especially catering to the shoppers with high-end products and premium experiences. At the grocery store, though, the success of private labels proves that when it comes to cooking dinner, even the highest-earning among us are looking for a good deal.
Category:
E-Commerce
Rare earths monopoly. Unrivaled manufacturing supply chains. Free AI models that rival, or surpass, its American counterparts. More research papers and more STEM doctorates than anyone else. If you are reading a lot about these topics lately, you know how Chinas decades-long strategy to become the top global superpowerand the greatest threat to U.S. world dominationis coming to fruition. What you may not be aware of is the other crucial part of Beijings plans; its industrial ramp up to dominate the most crucial resource on the planet: the oceans. Chinas pursuit of maritime dominance has shifted from a regional ambition to a global reality, driven by a breakneck speed naval expansion that rivals that of the U.S. during World War II. The Asian country has already produced the worlds largest military fleet by ship count (although Washington still dominates in tonnage thanks to its large aircraft carrier groups). Yet Beijings strategy for controlling the Indo-Pacificand beyondrelies on more than just warships; it increasingly depends on gray zone tactics that blur the line between scientific research and military projection. China is systematically deploying dual-use “civilian” assetsfrom oceanographic survey ships to militarized fishing fleetsto map key strategic waterways and assert sovereignty without firing a shot. This “advancing without attacking” doctrine is now escalating with a new class of megastructures designed to solidify China’s permanent presence in contested waters. While the People’s Liberation Army Navy (PLAN) challenges U.S. supremacy with advanced carriers like the Fujian and new nuclear carriers in preparation, Beijing is simultaneously rolling out a parallel infrastructure of floating islands and underwater bases. [Image: China State Shipbuilding Corporation] China says that it is built for the blue economythe idea that the oceans are a huge resource still waiting to be untappedwhich is true. But, oh the wonders! These facilities are engineered with military-grade survivability, effectively functioning as forward-operating bases that extend China’s reach far beyond its shores while maintaining a veneer of civilian legitimacy. The latest entries in this network of assets are deep-sea bases, underwater server farms, and, now, a floating research platform engineered to withstand nuclear blasts. Together, these projects form a connected infrastructure designed for long-term operations, resource extraction, and data processing at sea designed not only to gain scientific and industrial advantages but to expand Beijings footprint in the world’s oceans. First of its kind Lets look at these one by one, starting with the most impressive: Detailed in a research paper published earlier this month in the Chinese Journal of Ship Research, the new Deep-Sea All-Weather Resident Floating Research Facility is a 86,000-ton semi-submersible platform described by its developers as a mobile, self-sustaining artificial island. Contracts with the shipyard that will build itthe China State Shipbuilding Corporationspecify a twin-hull vessel 453 feet long and 279 feet wide, with a main deck rising 148 feet above the waterline, according to the South China Morning Post. It is designed to house 238 people for up to four months without resupply. Its an incredible project with no rival anywhere in the world. According to Yang Deqing and his team at Shanghai Jiao Tong University, the facility is built for “all-weather, long-term residency.” Its superstructure contains critical compartments for emergency power, communications, and navigation that are hardened to remain operational after a nuclear explosion. [Image: China State Shipbuilding Corporation] The platform is rated to operate in Sea State 7rough seas with waves between 20 feet and 30 feetand to survive typhoons up to Category 17, the highest rating on the Chinese scale. Project leader Lin Zhongqin stated that his team is “racing to complete the design and construction, aiming for operational status by 2028.” The vessel will cruise at approximately 17 miles per hour to conduct deep-sea observations and test mining technologies in areas including the South China Sea. But perhaps the most impressive thing after its absurdly large size and its towering dual-hull design is the material they invented to make it capable of withstand a nuclear shock wave without the weight of traditional heavy armor. The engineers designed a “sandwich bulkhead” using a lattice of corrugated metal tubes. These tubes, folded at a precise 21.25-degree angle with walls just 0.02 inches thick, utilize something technically called a “negative Poissons ratio which means that, unlikestandard materials that bulge outward when compressed, this structure contracts inward and densifies, distributing the impact. They claim their simulations showed a 2.4-inch thick panelroughly the width of a smartphoneoutperforming thicker steel plates. Under a simulated nuclear blast pressure of 25.8 psi (177.83 kilopascals), the design reduced maximum structural displacement by 58.53% compared to conventional armor. An underwater space station China is also deploying a James Bond-like underwater base located at a depth of roughly 6,560 feet in the South China Sea, which appears to be the first out of many. According to project leader Yin Jianping, of the South China Sea Institute of Oceanology, the project is a “space station in the sea.” Connected to a fiber-optic network, its pressurized modules are designed to host six scientists for up to a month. The base will investigate how to extract methane hydrateto help satisfy the countrys ever-growing energy needsand survey deposits of rare earth elements, cobalt, and nickel. It will be supported by the drilling ship Meng Xiang and a network of uncrewed submersibles that will double as a surveillance system for the country. In parallel, China has deployed its first commercial underwater data center off the coast of Hainan. A 1,433-ton structure submerged 115 feet deep that houses 24 server racks. Project manager Pu Ding points out that they put the entire data cabin in the deep sea because seawater can help cool down the temperature.” The developers claim this passive cooling can save around 90% of the energy typically used for climate control in land-based centers. A similar test unit near Shanghai will draw power from offshore wind farms, and the company that is building this data center estimates that over 95% of its energy will come from renewable sources. The idea is not new. Microsoft tested it and found out that, indeed, it works great. Surprisingly, the Redmond, Washington company is not working on it anymore and will not scale the idea up. Which is both sadbecause of the huge energy waste that current server farms represent, which could be greatly reduced by natural coolingand shocking because the U.S. is in the middle of a worldwide war for AI domination with China. The latter is not leaving a stone unturned to win that war, which is precisely what this new floating megastructure is all about. Beijing is not going to stop at making your iPhones, your rare earth magnets, and building the best AIs using the largest army of STEM doctors in the world. China wants to become the biggest maritime superpower toojust like Spain, Britain, and the U.S. in past centuries. And we are witnessing its overture in real time.
Category:
E-Commerce
Mark Mansons 2016 book The Subtle Art of Not Giving a Fuck delivered some hard truths and prescient advice to millions of readers seeking answers. Now hes building an AI-based application to do the same. At that time, Manson says the self-help field was unrealistic, not very evidence basedjust designed to make you feel good, inspiring him to write a book that offered a more skeptical, realistic, and zero bull shit approach to personal growth and self-help. Nearly a decade later, Manson says hes seeing the same pattern in the digital world, with millions turning to generic AI platforms for guidance, only to receive unrealistic, potentially harmful advice. Thats what inspired him to team up with serial tech entrepreneur Raj Singhwho most recently sold his AI hotel concierge service GoMomentto create on-demand life coaching app Purpose, which launches this week. The AI tool offers users life guidance and actionable steps to solve problems, from career to relationships and beyond. It also seeks to challenge, rather than validate users (something many experts have argued many AI platforms do), albeit in a polite, supportive tone. It pairs existing research into cognitive behavioral therapy with data gathered from users upon sign up, and retains conversation history to track patterns over time. According to an internal survey, 41% of early users said the app has been life-changing. We’ve actually had a number of people tell us that they’ve cried while using it, Manson says. We really tried to build this AI to go deep quickly, to not beat around the bush or do any fake pleasantries. Fast Company caught up with the author-turned-tech-founder from Los Angeles to talk about the legacy of The Subtle Art, whether were ready to share our deepest thoughts with an app, and why AI is the perfect tool to deliver personalized coaching at scale. This conversation has been edited for length and clarity. Were you surprised by the success of The Subtle Art of Not Giving a Fuck? The scope of the success caught me off guard. My pie-in-the-sky dream at the time was a million copies, so the fact that its exceeded that so drastically has been a pleasant surprise. Why do you think it was such a hit? When I got started in this industry in the early 2010s, self-help was very touchy-feely, very woo-woo. It was, in my opinion, unrealistic, not very evidence basedjust designed to make you feel good. It felt like there was a deep hunger, especially among millennials, for a skeptical, realistic, zero-bullshit approach to personal growth and self-help. That was the inspiration. Coincidentally a lot of the cultural observations at the timelike about social media and distraction and chronically comparing ourselves to othershave aged really well. I think I identified early on the world we were heading toward. How has your life changed since? Financial security is probably the single biggest change, and thats great, but being a very successful author is weird in that the book is the celebrity, not me. Im not getting recognized on the street or anything. Its just a bunch of numbers on emails that youre like wow, thats a large number. Then you go back to your same apartment and hang out with your same friends. Why transition from author to tech cofounder? When my career started to blow up, there were opportunities to do seminars and start a coaching business, but I didnt really want to charge somebody $5,000 to spend a weekend in a hotel ballroom with me. Ive been obsessed with this question of, how can we help more people? Like, what does a better version of this industry look like? One of the problems I identified well before ChatGPT came out is that the stuff that actually works doesnt scale, and the stuff that scales doesnt work. My book was read by millions of people, but a book has to talk in broad principles, and the reader needs to connect the dots for themselves. It might move the needle for some people, but not much. What really works is working with an excellent coach or therapist, which is extremely personalized and requires a major investment of time and energy, so it doesnt scale. Then ChatGPT came out, and I heard people were asking it big life questions. I tried it myself, and it does okay in terms of some questions, but not others. It felt like there was an opportunity for a properly trained AI to scale that personalization. How did you meet your cofounder? At a poker game. After ChatGPT came out, I was meeting with AI companies, but they didnt really get it. And then I sat down next to Raj Singh at a poker game just as he was finishing a sabbatical in 2023, and was independently thinking about doing something with AI and mental health. We started chatting, and it turns out we were thinking about the same question. What is Purpose all about? What makes it different from generic AI platforms? Purpose is a personalized AI mentor designed to help you find clarity and direction in your life as soon as possible. One of the biggest issues I see with using ChatGPT for life questions is that its default approach is to validate you. If you complain about your ex-girlfriends, ChatGPT will tell you theyre terrible, and youre a great guy, so just pick yourself up and itll be okay when what you might actually need to hear is like, hey dude, you might be the problem. The goal with Purpose is to build an AI that will challenge your assumptions, poke holes in some of your beliefs, point out blind spots, and help you reconsider how you see your own approach. The app does take a positive tone, though. Theres a fine line between flattery and positivity, and its something were trying to calibrate all the time. It changes based on the user, the context, the issue. Part of our onboarding experience is designed to get an early read of the users personality traits. The AI speaks to people differently based on how agreeable they are. Some people want very direct advice, others want it to be a bit more encouraging and positive, and its something were working on fine tuning all the time. The entire field of psychology is already in all these LLMs. The value is finding that calibration. ChatGPT is poorly calibrated for it, partly because of the sycophancy, partly because of the lack of personalization, partly because of the poor memory. Were trying to fix those things. Are people open to receiving that advice from a bot? When you’re talking to a humaneven a trusted person, like a therapistit’s almost impossible to not worry what that person thinks about you. With AI, I dont care. I dont feel shame: I just say what I feel. And what Ive also found is that when it gives me harsh feedback, I dont feel that social anxiety thats attached to criticism or negative feedback from a person. What about privacy and security concerns? Trust is by far the most important thing in this space. We are building Purpose with all the highest security and privacy regulations, like HIAA and GDPR. Conversations are anonymized on each device, so even if somebody puts a gun to my head or Rajs, we cant share your conversations, because we dont have any way to identify individual users. Its also entirely self-fundedwhich is something Raj and I feel very strongly aboutto keep the proper incentives in place and not jeopardize the goal and mission of the product. Whats next for you personally? I am going to be strongly involved in Purposes product design, but I do feel like its probably time to write another book. Its been about five years, and I need to get back on that horse. Did Purpose suggest that? Not specifically. But it probably would have if I asked.
Category:
E-Commerce
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