In the video below on CxO Talk, I asked Fredrik Bruhn, CEO of Unibap about the future of work when robots take over.
In my view, as a society, we still need to create residual income streams for those whose expertise we use to create the future so we can take care of their future.
Last week, the IMF and The World Bank held their conference-style event in Washington D.C. These Annual Meetings bring together central bankers, ministers of finance and development, private sector executives and academics to discuss global issues such as global economy, international development, and the world’s financial markets.
Here are my 2 takeaways from the 2019 Annual Meetings focused on technology and cybersecurity including my related articles:
TECHNOLOGICAL ADVANCEMENTS AND JOBS
Impacts of Technology
Technology can help IMF membership countries to reach their development goals
Technology can create financial inclusion which:
reduces inequality
reduces poverty
increases overall growth
Technology can help remove inefficiencies in traditional financial systems
Technology needs an environment to flourish in innovation
Technology has to be:
Citizen-Centric
Goal-Orientated Innovation
Able to address cybersecurity
A key contributor to financial inclusion
Big Tech should abide by the same rules as Big Banks because they have:
Technology
Global reach
Established customer networks
Vast amounts of customer data
Access to capital
Brand recognition
Role of Central Banks in the Digital Age
Ensure systematic integrity
Reduce cost of services
Test crypto currencies as it relates to fiat currencies
Track crypto currencies in macroeconomics
Crypto for Transactions will Spread more Rapidly when:
Data protection laws are in place
Data empowerment is encouraged
Trust is needed for widespread adoption
PARTNERSHIPS
Technology usage for finance is being tested by IMF internally
Technology needs partnerships at both private and public sectors for infrastructure needs such as electricity, internet access and internet speed
Technology should open standards
Technology interoperability is needed for cross-border and cross-currencies
Bonus: IMF’s conducted its own startup-style pitch event
For the 2019 Spring Meetings, here are my 2 takeaways.
For the 2018 Spring Meetings, here are my 2 takeaways.
In the video below, I asked Nadia Calviño, Minister of Economy and Business of Spain the importance of culture of countries when it comes to effective change.
In my view, when we think about transforming countries, we have to look at it from the three Es. These are:
Education – Does the country’s education system teach the latest technologies?
Ecosystem – Does the country’s ecosystem fosters technolgical change?
Evoke – Does the country’s leadership evoke positive emotions for technological changes?
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In the video below on CxO Talk, I asked Edna Conway, CISO of Cisco about how architectures fit into each other.
In my view, Security Architecture is a subset of Enterprise Architecture. However, since security is important at all levels, a Security Architecture gets deep into and can work in parallel with Enterprise Architecture. At the user level, perhaps we should know the threats that are out there.
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