Open Data troves held by tech giants will be forced open, to benefit consumers & level the playing field for rivals. Further crackdowns likely: ban on sharing data across their businesses, unwinding of mergers, new rules/fines for use of personal data. The pain will fall mainly on their reign over internet search, digital advertising, e-commerce &…
Tag: tech
Regulate Time to regulate search & social media tech giants as they’re brokers into the information marketplace, & critical infrastructure to the global economy. An industry consortium, (sanctioned by government) can regulate, balance the interests of small & large firms, and set ground rules for how they interact with society Guessed the Word? Series…
Under-achiever Now’s the best time for Europe to stop being big tech’s under-achieverUSA hit by unforced errors – fake news, privacy/ data security lapses. China’s un-tailored services struggling to expand into new markets. Europe’s promising tech arenas: drug & materials development, driverless cars, electric helicopters, genomics. London is 1 of the best places on Earth…
Credo Words & deeds must sync. Who believes big tech co’s mission statements when they don’t pay their fair share of taxes? “Connecting the world.” “The earth’s most customer-centric co.” “Make the best products that have a meaningful impact on people’s lives.” “Organize the world’s information & make it universally accessible & useful.” Yeah, right… Guessed…
Index Everyone is invested in tech if they have a portfolio/ pension of any kind as Tech sector now accounts for 23% of key global index S&P500. Closest rival is Financials at 14.5%. A far bigger transformation than most people realise. In 1990, Tech was just 5% of the index, Industrials 15%. Utilities, telecoms & manufacturing…
Bias Software can eliminate bias when reviewing job applications. Answers from different applicants to a Q can be grouped/ randomised, & presented to assessors without giving clues about age, gender, name or race Guessed the Word? Series 22 (1/8) [pic: Efraimstochter]
Insurance is ripe for disruption as tech is applied to manage risks. Buy specific cover for limited time – insure camera for a day? switch car insurance on only when driving? insure the person, not the item/ activity? Guessed the Word? Series 22 (4/8) [pic: werner22brigitte]
University Britain has 7 of the world’s top 30 universities, but none have the commercial focus of Harvard. Britain hasn’t created a tech giant like Apple, Amazon, Facebook or Google Guessed the Word? Series 9 (2/6) [photo: vloveland]
Unicorn – a mythical horned creature in fairy tales, but very real in the business world, a Unicorn is a start-up, which is not yet a public company, with a valuation of more than US$ 1 billion. Examples – Airbnb, Snapchat, Uber, Xiaomi. Can we help your firm become one? What’s the Word? Series…