Smart City Chip
Technologies that could change the world have been a popular topic for the past half century. True, the predictions that everyone would drive flying cars have not materialized, but what has materialized would astound those who offered such predictions 50 years ago. And where emerging technologies are headed is even more stunning. Seven technologies, in my opinion, are poised for explosive growth in 2019. And what they can accomplish this year and beyond is not even the most significant disruption that I see them causing. But I’ll get to that later. First, let’s look at the Significant Seven. Internet of Things...
IEMI
As IoT adoption continues to proliferate, manufactures and adopters are increasingly aware of cybersecurity risks to IoT. Yet, even among the IoT security professionals, one significant potential remote attack vector is often overlooked: intentional electromagnetic interference (IEMI). Electromagnetic interference (EMI) surrounds us – natural causes, such as solar flares and lightning; and man-made sources such as radio and TV broadcasting, radars, microwaves and many others all emit electromagnetic waves that could disrupt operation of electrical and electronic devices. That is, if devices wouldn’t comply with numerous electromagnetic compatibility (EMC) standards which ensure correct operation in common electromagnetic environment and resilience...
IEMI
As our cities, our transportation, our energy and manufacturing – our everything – increasingly embrace Internet of Things (IoT) and Industrial Controls Systems (ICS), securing its underlying cyber-physical systems (CPS) grows ever more crucial. Yet, even among engineers and cybersecurity specialists, one potential attack trajectory is often overlooked: Intentional Electromagnetic Interference (IEMI). ICS and IoT – digital systems that run today’s modern society – rely on changes in electrical charges flowing through physical equipment. Creating the 1s and 0s of which all digital information is composed requires electronic switching processes in circuits. The current used in this process is not...
AI Interpersonal
Artificial Intelligence (AI) is becoming ever more important, and not just in automating repetitive, manual labor jobs. Increasingly, it also enters the realm of highly trained knowledge workers. New. AI-driven world will require different skills. Systems like IBM Watson augment the expertise of tax preparers, lawyers, doctors and many other highly trained professionals. Corporate executives use AI’s ability to gather, analyze and run extensive simulations on data to help them make better-informed decisions. The applications for AI appear almost unlimited. The implications are clear. AI will reshape not just operations, but also all other aspects of the business world. So, how...
AI Assimilators
AI leaders must adapt to the changing culture as young workers enter the job market with expectations strikingly different from the ones that leaders traditionally have encountered. These changes within their own business culture are not, though, the only culture changes to which leaders will have to adapt. AI and other emerging technologies are accelerating the process of globalization. For example, as 3D printers become more prevalent, manufacturers will sell designs rather than finished products. Breaking into new markets won’t be a multiyear, investment-heavy effort. Emerging technologies will greatly reduce logistics requirements and expand old, geographically limited markets into one,...
AI Future Workforce
Whether AI and the technologies it enables will reach their full potential depends on the workforce that will work alongside them. Yet the skills that that workforce needs to do this are in short supply. Rather than debating what to do about massive job losses from AI, discussion should focus on how best to prepare workers' skills for the types of jobs that they will need to fill. A shifting job picture A 2017 McKinsey’s report says that approximately half of all activities done by the current workforce could be automated. They point out, however, that this does not point to...
AI Three Futures
If you’ve read the many predictions about the future of AI, you’ve likely found them to be wildly different. They range from AI spelling doom for humanity, to AI ushering in Golden Age of peace, harmony and culture, to AI producing barely a blip on society’s path toward ever-greater technological achievement. Those three views – dystopian, utopian and organic – present issues we need to consider as we move deeper toward an AI-integrated future. Yet they also contain exaggerations and false assumptions that we need to separate from reality. The Dystopian View of AI Future Those with a dystopian view of emerging technologies...
Leadership AI Book - 1920x1280 - White
Today’s business leadership face a conundrum. Artificial Intelligence (AI) unquestionably will play an enormous role in the future of their organizations and the business environment in which they operate, but what effects will it have? Prognosticators have wildly different visions of the future it will create, ranging from causing the extinction of humanity to ushering in a Golden Age in which machines provide all humanity’s needs and free us to focus on altruistic service to one another and the advancement of human culture. Both of these most commonly heard predictions are based on assumptions that lead to wild speculation that...
Leadership in the age of AI
AI’s effect on the workplace will not be limited merely to repetitive, production line-type jobs. Increasingly, it also enters the realm of highly trained knowledge workers. It will also affect those who manage workers currently employed in such jobs. AI likely will reshape jobs all the way up to the C-level offices. That doesn’t mean, though, that managers and executives will no longer be needed. They simply need to prepare themselves for shifts in their work responsibilities. In my latest article Why AI Is Neither the End of Civilization nor the Beginning of Nirvana I argued that AI will bring...
Diversity Uncomfortable
The topic of diversity is not one that most people find in their comfort zone. As I wrote in a previous article on diversity, increasing diversity often engenders frustration in those tasked with accomplishing it, and inspires eye rolls among diversity-fatigued employees who have heard countless reports on management’s diversity goals, but remain unconvinced of diversity’s value. Can anything be done to make diversity less of an uncomfortable topic? The answer is no. Nothing about diversity will ever make it into the general business population’s comfort zone. I say that not out of cynicism, but out of practicality. At its root, diversity...
Hong Kong Fintech
The global financial services sector is accelerating its transformation in response to changing values and shifting consumer preferences. Hong Kong is responding in its own unique way. Global events over the last decade have brought home the reality that we are living in a fast-changing world. The economic crisis and rapid technological development are changing consumer behaviour. Millennials – with a particular distrust of traditional financial institutions and an affinity with the digital world – have adopted an entirely different set of attitudes towards financial services. The Millennial Disruption Index found that 71% of millennials would rather go to the...
Blockchain Cybersecurity
You may have heard, over the last year or two, about the new technological miracle that is the blockchain. It seems that every banker, insurer, manufacturer, artist, lawyer and cybersecurity professional is shouting about blockchain from the highest peak and telling us how it will be used to secure everything against anything for all time, additionally removing those embarrassing blemishes from our skin and freshening our breath at the same time. Clearly some large portion of the blockchain-related content we see in the media is hyperbolic, at best, but it is an important technology nonetheless. Let’s take a look...
Chinese cybercrime
Western publications often picture the People’s Democratic Republic of China (hereafter China) as the world’s chief propagator of cyberattacks. But the picture is much more complex than such broad-brush claims suggest. Few Westerners realize that China and its neighbours in the Greater China region (Taiwan, Macau and Hong Kong) have, over last few years, became the most technologically advanced region in the world – ahead of the West in the adoption, and in many cases even in the development of advanced technologies. Countries in the region were always close to the top of the list of victims of cyberattacks. Factors, such...
FinCrime Cyber
The worlds of financial crime and cybercrime are colliding, converging into one. The biggest threat to businesses globally is the new cyber-enabled financial crime. Yet businesses and even financial institutions tasked with protecting our money continue to fight this combined threat with multiple separate defense systems and multiple separate defense teams. The situation is like a military leader trying to fight different enemies on different fronts. While those enemies remain in different fronts, it makes sense to send separate defense forces against them, each focused on fighting only the enemy assigned to it. But what if those enemies merge and...
Sanctions Mojca Ivezic
(This is a guest post by Mojca Ivezic) How would you picture those who work to prevent weapons of mass destruction (WMD) from falling into the wrong hands? Would you picture them heavily armed and with a military bearing? Then you might be surprised. Although such individuals sometimes fight the spread of WMD, the front lines feature a different type. The bulk of front-line defenders are less likely to have military backgrounds than financial ones. That’s because the most vulnerable place to identify and block those who spread WMD is through their financial dealings. So, we look at the world of sanctions violations...