Securing the Foundations of our Digital Economy

Irving Wladawsky-Berger

The Commission was charged with “recommending bold, actionable steps that the government, private sector, and the nation as a whole can take to bolster cybersecurity in today’s digital world, and reporting back by the beginning of December.”. On December 1 the Commission issued its final Report on Securing and Growing the Digital Economy. Why wasn’t stronger security designed into the original Internet infrastructure?

The MIT Work of the Future Report

Irving Wladawsky-Berger

“The world now stands on the cusp of a technological revolution in artificial intelligence and robotics that may prove as transformative for economic growth and human potential as were electrification, mass production, and electronic telecommunications in their eras,” said the MIT Task Force on the Work of the Future in its recently released interim report. The final report will be issued after conducting additional research over the next year.

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Digital Identity - the Key to Privacy and Security in the Digital World

Irving Wladawsky-Berger

In a world that’s increasingly governed by digital transactions and data, our existing methods for managing security and privacy are no longer adequate. Last month, the World Economic Forum (WEF) published an excellent report, A Blueprint for Digital Identity. I found the report very helpful in helping me better understand it. FIs could derive substantial benefit from investing in the development of digital identity solutions,” the report further adds.

From Mass Production to Mass Individualism

Irving Wladawsky-Berger

The Collaborative Economy , a 2013 report by Jeremiah Owyang , nicely explains the evolution of this Internet-based economy, and the associated shift of economic power from institutions to individuals. All kinds of new products and services, like Airbnb, are now coming to market. Mass production was a defining hallmark of the 20th century industrial economy, bringing high productivity and low costs to a wide variety of offerings, - from household appliances to hotel chains.

The Link Between BYOD and Increased Productivity

TOPYX LMS

A BYOD policy also makes it easy for employees to access corporate data and online training materials, which can increase productivity. Of all the benefits listed here, increased productivity usually pleases company leaders most. Some organizations choose to implement BYOD solely for the purpose of augmenting productivity. Dell Study Shows Link Between BYOD and Increased Productivity. Scott Campbell, writer for CRN, reported on the study.

Privacy, Security and Trust: Challenges for the Intangible Economy

Stephen Downes: Half an Hour

How do I as a paranoid security person deal with all the baggage I bring to the discussion? I see identity management as the real issue that is going to link security and privacy. I cannot engage most security professionals in discussions about privacy. And vice versa. -- Part One Personal baggage - I have a defence and security background. The real advancement in the discussion is going to come from the privacy advocates, not the security advocates.

Business or Pleasure? - why not both: The product-to-service.

Martijn Linssen

why not both Home About Contact Saturday, 21 August 2010 The product-to-service financial ratio Yesterday I saw a tweet by Frank Scavo : Chatting with a vendor about implementation cost to software license cost ratios. Back to the topic : there is a clear, direct and fairly linear relation between the initial cost of a product, and the additional cost(s) involved servicing it. In big IT companies, there isnt much enthusiasm to be found for selling Open Source products.

The Current State of Cloud Computing

Irving Wladawsky-Berger

A few months later, The Economist published a special report on cloud computing with several articles on the subject. Security of in-house data centers is superior to the security on cloud. In June, 2008 I gave a talk at a conference on The Promise and Reality of Cloud Computing.

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Irving Wladawsky-Berger: Innovation, Fundamental Research and Universities

Irving Wladawsky-Berger

Main | A Grand Challenge Crying Out for Leadership » November 26, 2007 Innovation, Fundamental Research and Universities The October 13 issue of The Economist included a special report on innovation. Innovation, as this report will show, is becoming both more accessible and more global. New products might be an important part of the process, but they are not the essence of it.

Business or Pleasure? - why not both: From profitability to.

Martijn Linssen

why not both Home About Contact Monday, 13 September 2010 From profitability to extortion: IT comparison In August I wrote the Product to service financial ratio , that dealt with the fact that there is a certain ratio between what you pay for a product, and the service provided on it A twitter conversation on (vendor) implementation cost to software license cost ratios was the source for that. Business or Pleasure? -

Reflections from 2011 – A World Without Email – The Documentary

Luis Suarez

( WARNING : I do realise that I have already included a warning and word of caution throughout this article about the length of it, but I thought I would let folks know as well how if you would just want to check out the yearly progress report you would just need to read the first section and move on to other things. I mean, the progress report, because the initiative itself has been working wonderfully all right all along. A World Without Email – The Progress Report.

New Directions for Government in the Digital Age

Irving Wladawsky-Berger

Companies - especially large, global corporations - have leveraged digital innovations to improve their productivity and competitiveness and adapt better to these powerful technology and market changes. Ensure security, privacy, autonomy, and citizen-owned identities.

Connectivity – The Achilles Heel of Remote Knowledge Web Work

Luis Suarez

Email will not solve the problem, because, yes, you can work offline through your mailbox and everything, but you still need the connectivity to send those emails across and when exchanging large rich media files, or presentations, proposals, status project reports and what not; you are going to have a need for a rather fast and robust network connection. IBM Innovation Open Business Personal KM Productivity Tools #elsuasworkbook A-World-Without-Email Life-Without-eMail

The Internet of Things is Changing the World

Irving Wladawsky-Berger

IoT promises to bring many benefits, including a whole new generation of innovative products. IoT has been ushering a whole new class of smart connected products. A recent report by GSMA Intelligence said that smart homes are rapidly evolving from niche to mainstream by 2025.

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Irving Wladawsky-Berger: Talent, Innovation and Competitiveness

Irving Wladawsky-Berger

Home Archives Subscribe « The Life Cycle of a Business | Main | 21st Century Grand Challenges » April 30, 2007 Talent, Innovation and Competitiveness Last week, the Council of Graduate Schools (CGS) released a report, Graduate Education: The Backbone of American Competitiveness and Innovation , at a forum held at the Library of Congress in Washington. I was a member of the reports Advisory Committee and participated in the Washington forum.

Why Employee Engagement is at an All-Time High (and How to Keep it Up)

TOPYX LMS

Adequate employee engagement promotes staff retention and productivity, as well as fewer safety incidents. In the past, only an average of 33 percent of employees reported feeling engaged at work. High levels of employee engagement are critical to organizational success.

Blockchain - the Networked Ecosystem is the Business

Irving Wladawsky-Berger

Their presentation was based on their recently published report Building your blockchain advantage. The essence of blockchain, notes the report , is that the unit of competition is the networked ecosystem , no longer a single enterprise. “As blockchain adoption continues to gather momentum, organizations must approach their blockchain strategies with the same rigor and commitment as any other new and transformative strategies.

Irving Wladawsky-Berger: Hybrid Models of Capitalism

Irving Wladawsky-Berger

Titled “Going Hybrid” , it is the lead article in a special report on business in Japan. Instead, he continued to manufacture and warehouse tabulating machines until the New Deal and especially the Social Security Act of 1935 - which became the biggest accounting operation of all time - suddenly created the demand for IBMs products.

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The Urgent Need to Strengthen the Nation’s Resilience

Irving Wladawsky-Berger

These included a significant expansion of government support for scientific research in universities and R&D labs, leading to product innovations from the private sector and better weapons from the defense industry, - and making the US the most prosperous and secure nation in the world.

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I Know It When I See It

Andy McAfee

product?&# – are just windowdressing on products that are still essentially geared for Collaboration 1.0. Whose products at present come closest to enabling Web 2.0-style collaboration and interaction in enterprise environments? An integrated and seamless ability to have some sense of security in the audience can increase the level of disclosure which in turn can foster a higher level of collaboration that can benefit the community writ large.

The Economic Potential of The Internet of Things

Irving Wladawsky-Berger

The myriad possibilities that arise from the ability to monitor and control things in the physical world electronically have inspired a surge of innovation and enthusiasm,” writes McKinsey in a June, 2015 report - The Internet of Things: Mapping the Value Beyond the Hype. The report analyzes the long term economic potential of IoT, and uses this analysis to estimate the economic value of several IoT-based solutions by 2025. Privacy, Security, Confidentiality and IP.

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The Economic Value of Digital Identity

Irving Wladawsky-Berger

In a world that’s increasingly governed by digital transactions and data, our existing methods for managing security and privacy are proving inadequate. A few weeks ago, the McKinsey Global Institute released Digital Identification : A key to inclusive growth, a comprehensive report at over 100 pages that examined the state of digital identities around the world. Identity plays a major role in our everyday life.

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Blockchain’s Potential for Environmental Applications

Irving Wladawsky-Berger

In mid-September, the World Economic Forum (WEF) released Building Block(chain)s for a Better Planet , a report that examined how blockchain technologies could be harnessed to address serious environmental issues, better manage our shared global environment and help drive sustainable growth and value creation. The WEF report includes a short blockchain tutorial. Water security : “The world’s demand for water has grown by around 1% per year.

Competing Against “Digital Invaders”

Irving Wladawsky-Berger

The report organized its findings and recommendations into three main areas: Preparing for digital invaders; Creating a panoramic perspective; and Be first, be best or be nowhere. Overall, “it’s the confluence of different technologies that holds the greatest promise,” such as the combination of AI-based smart products and advances in bioengineering to improve healthcare, or new cloud-based business models combining mobility and data sharing.

Blockchain and Business Process Transformation

Irving Wladawsky-Berger

One can look at the transformational impact of IT on companies and industries through a variety of lenses, - e.g., products and services, revenue and profit, sales and support, market strategy. It started in the 1960s and 1970s with the automation of standardized, repetitive back-office processes in manufacturing, production and data processing operations like inventory management, financial transactions and airlines reservations. US labor productivity grew at only 1.5%

The Economic Value of Artificial Intelligence

Irving Wladawsky-Berger

PwC recently released a report on the potential economic value of AI to different regions and industry sectors around the world. The report’s overriding finding is that AI is the biggest commercial opportunity for companies, industries and nations over the next few decades. trillion of the expected GDP growth will come from productivity gains, especially in the near term.

Impact of AI on Government - Opportunities and Challenges

Irving Wladawsky-Berger

A few weeks ago I wrote about Leveraging AI to Transform Government based on a 2018 report by the Partnership for Public Service and the IBM Center for the Business of Government. The report illustrates how government is using AI by describing four use cases being pursued by different agencies. In 2019, the Partnership and IBM collaborated on two additional reports, Assessing the Impact of AI on the Work of Government , and Building Trust, Managing Risks. Security.

How Will the Pandemic Reshape Labor Markets?

Irving Wladawsky-Berger

Autor and Reynolds are cochairs of the ongoing MIT Work of the Future task force, whose interim report was published in the (pre-Covid) Fall of 2019. The final report of the MIT Work of the Future task force will be published later this year.

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Blockchains: the Promise of More Frictionless, Trusted Economies

Irving Wladawsky-Berger

Professor Coase explained that, in principle, a firm should be able to find the cheapest, most productive, highest quality goods and services by contracting them out in an efficient, open marketplace. A recent IBM report, - Fast forward: Rethinking enterprises, ecosystems and economies with blockchains , - harks back to Coase’s paper to analyze the potential value of blockchains. Why wasn’t stronger security designed into the original Internet infrastructure?

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A Novel Approach for Measuring the True Impact of the Digital Economy

Irving Wladawsky-Berger

Gross domestic product (GDP) , the basic measure of a country’s overall economic output, is generally used by governments to inform their policies and decisions. “What we measure affects what we do; and if our measurements are flawed, decisions may be distorted,” noted a 2009 Commission convened to look at the adequacy of GDP as an indicator of economic performance, - which was led by Nobel-prize winning economists Joseph Stiglitz and Amartya Sen.

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The President’s Commission on Enhancing National Cybersecurity

Irving Wladawsky-Berger

The Commission is charged with “recommending bold, actionable steps that the government, private sector, and the nation as a whole can take to bolster cybersecurity in today’s digital world, and reporting back by the beginning of December.”. Former national security advisor Tom Donilon and former IBM CEO Sam Palmisano serve as chair and vice-chair respectively. According to a 2014 report by the Bank of England, the classic ledger has not changed much since the 16th century.

One More Industry Where Employment is Dropping as Output Rises

Andy McAfee

Journal reported in 2011 that employment throughout the US wireless industry was falling even as revenues rose, thanks at least in part to “gains in productivity and the fact that more customers were going online to choose their phone and pay their bills, reducing the need for more call-center workers and salespeople.”

Leveraging AI to Transform Government

Irving Wladawsky-Berger

“AI has the potential to help address many of our country’s pervasive problems and advance our safety, health and well-being,” said The Future Has Begun , a report on the impact of AI on government by the Partnership for Public Service and the IBM Center for the Business of Government. “ That promise has great potential to transform government.”. “The most challenging problems AI may help us solve - from fighting terrorists to serving vulnerable populations - will involve government.

The World Bank’s Human Capital Index

Irving Wladawsky-Berger

Last week I wrote about a recently published World Bank report, The Changing Nature of Work. The report highlights the increasing importance of investing in human capital by both the public and private sectors. The world is healthier and more educated than ever…,” notes the World Bank in a companion report, The Human Capital Project. “But a large and unfinished agenda remains. or lower, - meaning that they’ll grow up to be, at best, half as productive as they could be.

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Blockchain Killer-Apps

Irving Wladawsky-Berger

A killer app is an IT application whose value is simple to explain, its use is fairly intuitive, and the application turns out to be so useful that it helps propel the success of a product or service. In August of 2016, the WEF published a very good report on how blockchain can help reshape the financial services industry. The other major kind of blockchain killer-apps will likely deal with identity management and data security.

Blockchain and Business Process Transformation

Irving Wladawsky-Berger

One can look at the transformational impact of IT on companies and industries through a variety of lenses, - e.g., products and services, revenue and profit, sales and support, market strategy. It started in the 1960s and 1970s with the automation of standardized, repetitive back-office processes in manufacturing, production and data processing operations like inventory management, financial transactions and airlines reservations. US labor productivity grew at only 1.5%

The Challenges of Automation in a Fast Changing Economy

Irving Wladawsky-Berger

“Technological innovation should be embraced,” notes Automation and a Changing Economy , a recently published report by The Aspen Institute. “Automation has been a largely positive economic and social force, and looking forward, automation will be necessary to feed, house, and raise the living standards of a growing and aging population.” . Let me summarize the key conclusions and recommendations in each of the report’s two sections.

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A Novel Approach for Measuring the True Impact of the Digital Economy

Irving Wladawsky-Berger

Gross domestic product (GDP) , the basic measure of a country’s overall economic output, is generally used by governments to inform their policies and decisions. “What we measure affects what we do; and if our measurements are flawed, decisions may be distorted,” noted a 2009 Commission convened to look at the adequacy of GDP as an indicator of economic performance, - which was led by Nobel-prize winning economists Joseph Stiglitz and Amartya Sen.

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Peering into a Confusing, Paradoxical Future

Irving Wladawsky-Berger

Every four years since 1997, the US National Intelligence Council has been publishing a Global Trends report on the key trends that will shape the world over the following twenty years. This unclassified strategic report is intended to provide the incoming administration and other senior leaders with a framework for long-range policy assessment. The latest Global Trends report, Paradox of Progress , was released earlier this year.

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Is the Blockchain Now Reaching a Tipping Point?

Irving Wladawsky-Berger

The WEF report compared the blockchain to the Internet, noting that “Like the Internet, the blockchain is an open, global infrastructure upon which other technologies and applications can be built. In the early years of the IT industry, the proprietary products of different IT vendors did not work well with each other. Foremost among the problems to be addressed is the need to bolster security in our increasingly digital economy and society.

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Blockchain Killer-Apps

Irving Wladawsky-Berger

A killer app is an IT application whose value is simple to explain, its use is fairly intuitive, and the application turns out to be so useful that it helps propel the success of a product or service. In August of 2016, the WEF published a very good report on how blockchain can help reshape the financial services industry. The other major kind of blockchain killer-apps will likely deal with identity management and data security.

The Growing Importance of Storytelling in the Business World

Irving Wladawsky-Berger

Over the years I’ve learned that when trying to explain a complex new concept or product, it’s important to engage in a kind-of conversation with your intended audience, where you talk about what's in your mind, your questions, your doubts, what you know and what you don't know. In short, you’re telling a story about the concept, product or brand you’re trying to explain. Storytelling is widely used in the development of brands for products as well as companies.

The Continuing Evolution of Cloud Computing

Irving Wladawsky-Berger

Instead of having to buy and operate their own hardware and software products, users could now obtain the computing resources they needed over the Internet on demand. . Before that time, most manufacturing plants were fairly inefficient by almost any measure, and were turning out products of varying quality. This phase of cloud was nicely summarized in a recently released Verizon report - State of the Market: Enterprise Cloud 2016.