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Monitoring coronavirus in the digital era

AI spotted the coronavirus outbreak before health officials announced it. Bluedot, a Toronto-based health monitoring startup, used machine learning to sift through news reports and airline data, correctly predicting that the disease would spread to Bangkok, Seoul, Taipei, and Tokyo.Quartz

How artificial intelligence provided early warnings of the Wuhan virus

Perfect example of #AI providing a better, faster pattern recognition & accompanying recommendations than established human power hierarchies ever could without this tool; especially in the case of epidemics where it's crucially important to react swiftly.

Data will always be power - if you have it. Imagine having data access on the movement of people, trade, and even animals around cities, provinces, countries, and continents. One can definitely predict the likelihood of an outbreak and its infection path. Loopholes can be seen and our governments can be more ready.

The popular mobile game plague inc. is being played out in real time. Like bluedot, the game too wants the players to predict and “cause” outbreaks around the globe based on air traffic, media coverage and government measures. The developer of the game does not call it a scientific model, but would you

The popular mobile game plague inc. is being played out in real time. Like bluedot, the game too wants the players to predict and “cause” outbreaks around the globe based on air traffic, media coverage and government measures. The developer of the game does not call it a scientific model, but would you be surprised if it were a similar model?

Who gets left behind in a cashless world?

New York's ban on cashless stores doesn't address underlying problems. The city's decision to force shops to accept paper money protects the unbanked—largely made up of the elderly, the poor, and immigrants. But it will not help them get access to the benefits of bank accounts.Quartz

Banning cashless stores in New York won’t fix the city’s deeper problem

New York is moving to ban cashless stores, the rationale being that it discrimantes agaist the 11pc or so who dont have bank accounts. They follow a number of other US cities. Its quite a contrast with China which continues to forge ahead with new technologies and where most of my friends there often

New York is moving to ban cashless stores, the rationale being that it discrimantes agaist the 11pc or so who dont have bank accounts. They follow a number of other US cities. Its quite a contrast with China which continues to forge ahead with new technologies and where most of my friends there often walk out of the house with no cash. Some commentators say policymakers shoukd deal with the underlying problem that there are people without banking. I call it the Hunger Games Society, where if you are below certain levels of income you have to pay extortionate rates of interest and lose access to all sorts of things including access to proper healthcare. Having no smartphone is already a big problem. This is all in a world of zero interest rates and where the wealthy can borrow colossal amounts at near zero. The main reason, in my mind, to keep physical cash is for privacy. China is still a poor country on GDP per capita but everyone is using digital cash, even beggars use cheap phones to collect digital money. However, do we really want governmwnts to know all of our transactions? Perhaps if we do move in that direction - and it seems likely looking at demographic propensities - it will make it even more important to have a bitcoin alternative. This week a group of European central banks clubbed together with the BIS and co-chaired by the Deputy Governor of the Bank of England to collaborate on central bank digital currencies. Im convinced the financial architecture is gou g to undergo a revolution this decade.

As a city of immigrants and socioeconomic diversity, the ability to purchase goods is a necessity for our economic prosperity. Until everyone can have immediate access to banking, this ban makes sense. To be banked you need the ability to have a state identification card and an actual address, not a

As a city of immigrants and socioeconomic diversity, the ability to purchase goods is a necessity for our economic prosperity. Until everyone can have immediate access to banking, this ban makes sense. To be banked you need the ability to have a state identification card and an actual address, not a p.o. box. Immigrants do not immediately have access to these things and the poor often don't have enough money left over after paying bills for it to make sense for them to use a bank. Accessibility is a huge issue and until it can be solved, stores should accept all forms of payment. Truly free checking accounts would help.

New York is the 5th state to ban payment discrimination. Let's not forget though the benefits of going cashless especially on newest wave of payment and banking systems. The new and more meshed ecosystem of digital banks and payment solutions enabled lower costs that has significantly lowered transaction

New York is the 5th state to ban payment discrimination. Let's not forget though the benefits of going cashless especially on newest wave of payment and banking systems. The new and more meshed ecosystem of digital banks and payment solutions enabled lower costs that has significantly lowered transaction and operating fees passing on the interests to consumers.

Retailers should be free to decide their charging strategy. This would incentivize development of cheaper banking technologies for the unbanked - 11% of NY is surely an attractive market

Remembering Clayton Christensen

The godfather of disruption theory, Clayton Christensen, dies at 67. The Harvard professor's theory of disruptive innovation found a foothold at Silicon Valley giants like Netflix and Intel and went on to spread across corporate America and global boardrooms.Desert News

Clayton Christensen dies at 67 after lifetime of business, spiritual influence

Just as important as 'The Innovator's Dilemma' is, in my opinion, Clayton Christensen's 'How Will You Measure Yourself', a book on which he argues to consider one's own life not just with marginal thinking about quick successes (as he had outlined in business failures in Innovators Dilemma) but in the

Just as important as 'The Innovator's Dilemma' is, in my opinion, Clayton Christensen's 'How Will You Measure Yourself', a book on which he argues to consider one's own life not just with marginal thinking about quick successes (as he had outlined in business failures in Innovators Dilemma) but in the light of smart, short- and especially long-term focused decisions on, & management of resources outside the office: family, friends, health. #RIP

Very sad news but his intellectual contributions will live on!

Clayron Christensen was indeed the godfather of disruption with his best selling book the Innovators Dilemna. Im writing a longer blog now, but i think its fascinating that he regarded purpose as so important as an approach to disruption and life. At University he dedicated one hour per day to prayer

Clayron Christensen was indeed the godfather of disruption with his best selling book the Innovators Dilemna. Im writing a longer blog now, but i think its fascinating that he regarded purpose as so important as an approach to disruption and life. At University he dedicated one hour per day to prayer and contemplation about his life's mission. I also promote purpose as one of the important antidotes or approaches to the VUCA world we face.

Christensen talks business, God, and Star Wars. In a previously unpublished interview, the management guru explained how his theory of disruption applied to the world of organized religion.Quartz

A previously unpublished interview with Clayton Christensen about business, God, and Star Wars

Interesting how Christiansen describes what Mormon faith is. He is absolutely right about there being no conflict between science and religion. The questions of god, creation, life, existence, religion, and faith have been thoroughly argued by the vedic practitioners. There is no conflict between the

Interesting how Christiansen describes what Mormon faith is. He is absolutely right about there being no conflict between science and religion. The questions of god, creation, life, existence, religion, and faith have been thoroughly argued by the vedic practitioners. There is no conflict between the practice of science and the existence of god in vedas. The questions and the answers to each of aspects are available through the 100+ upanishads (subset of vedas) in their terse poetic and expanded commentary forms. To this day the vedic tradition continues in the ashrams around the world that teach advaita vedanta or non-dual reality (to explain this takes lot more than few words). The word ‘faith’ never occurs even once in all these texts or vedas as a whole. What vedas describe as god is totally consistent with our current theories of physics and chemistry. The school of divinity at Harvard is currently hosting 3 representative vedic practitioners through 1-year fellowship.

How not to respond to a disease outbreak

Work smarter

Don't take on too many goals at once. If you spread yourself too thin, you'll never make progress on any of your projects. Pick one goal that aligns with your long-term strategy and force yourself to work on it for a set amount of time.Harvard Business Review

Don’t Bog Yourself Down with Too Many Goals

I like Tip #4! "Force yourself to work toward the goal for a predetermined amount of time."

In other words, eliminate distraction. It’s so common for critical goals to keep getting pushed down the to-do list. You can prioritize a goal during your day by turning off distractions from coworkers, email

I like Tip #4! "Force yourself to work toward the goal for a predetermined amount of time."

In other words, eliminate distraction. It’s so common for critical goals to keep getting pushed down the to-do list. You can prioritize a goal during your day by turning off distractions from coworkers, email and social media; you can create “Zones of Focus Time” for your priorities. In my research we coined the term Micro-Resilience to describe how small changes like these make it easier to achieve big goals.

Infosys president Ravi Kumar has some tips on creating a resilient workforce. The future belongs to those who can learn to learn, learn to unlearn, and learn to relearn, Kumar says. Here are three points to ponder as we try to help the workforce learn better.Quartz

How can we create a workforce full of lifelong learners?

Problem finding / solving is inherent in the creative industries, yet so much has been made better at this point. I love the concept of ‘problem finders’ the irony is beautiful. Yet the solutions are focused on only a few industries, food, retail, transactions, most divergent thinkers seem to be applying

Problem finding / solving is inherent in the creative industries, yet so much has been made better at this point. I love the concept of ‘problem finders’ the irony is beautiful. Yet the solutions are focused on only a few industries, food, retail, transactions, most divergent thinkers seem to be applying their skills to these sectors.

As a Jeweler there is no shortage of problems in my industry to try and solve. We need more innovative lifelong learners who seek to initiate change.

Is it possible to balance competence and ethical behaviour? Most people think it’s impossible to do both. PR agency Edelman has been measuring public trust in people and institutions for the past 20 years, and the latest results are out.Quartz

Most people think it’s impossible to be both ethical and competent

We’re seeing a ramp up of the consequences of inequality in society being writ large, with the biggest trust gap between the informed public and the mass population observed to date across a record 8 markets.

Institutions are also ranked low on their ability to partner successfully with each other

We’re seeing a ramp up of the consequences of inequality in society being writ large, with the biggest trust gap between the informed public and the mass population observed to date across a record 8 markets.

Institutions are also ranked low on their ability to partner successfully with each other. The world is increasingly complex and the issues we face are increasingly global. If we have any shot of addressing issues like climate change we need strong partnerships and real collaboration between our institutions. The data shows that much work is needed to convince the public this is possible and to make this a reality

Richard Edelman refers to "Alice in Wonderland". At least with a children's story there is hope. Perhaps in my Monday mood I am overly pessimistic but I immediately thought Poe's "Masque of the Red Death " as a better description of the public perception of Davos.

It is so difficult to believe the

Richard Edelman refers to "Alice in Wonderland". At least with a children's story there is hope. Perhaps in my Monday mood I am overly pessimistic but I immediately thought Poe's "Masque of the Red Death " as a better description of the public perception of Davos.

It is so difficult to believe the public do not trust the apparent economic elites?

“National income inequality is now the more important factor in institutional trust,”

Taco Bell is paying upwards of almost six figures for branch managers to stay competitive and keep talent in the Midwest, where cost of living is lower and the gaps of income aren’t huge but still present. Almost everywhere

“National income inequality is now the more important factor in institutional trust,”

Taco Bell is paying upwards of almost six figures for branch managers to stay competitive and keep talent in the Midwest, where cost of living is lower and the gaps of income aren’t huge but still present. Almost everywhere in the world there are larger and larger gaps in pay, creating a seemingly global societal caste system.

If you break away from the ‘corporate life’ you almost dive into the pool of being underpaid for your craft and having to fight harder for your worth. The payout for many is the feeling of adding value to the greater good, making a difference, or bringing back the personal touch to our products instead of relying on next day delivery from Amazon. What will that look like in 5 years though? Or even 10?

We can all make better decisions about risk. In the first episode of RISK, Quartz’s new video series for members, psychologist Gerd Gigerenzer explains why most of us are “risk illiterate” and how, precisely, we can change that. ✦Quartz

Most of us are “risk illiterate”—but we can fix that

I like the 'frequency' approach presented here. I had previously been introduced to the breast cancer question while trying (..vainly!...) to teach myself Bayesian probability. Obviously, both approaches end up with the same result, but the graphic representing frequency is FAR simpler to grasp quickly

I like the 'frequency' approach presented here. I had previously been introduced to the breast cancer question while trying (..vainly!...) to teach myself Bayesian probability. Obviously, both approaches end up with the same result, but the graphic representing frequency is FAR simpler to grasp quickly and internalize. Looking forward to the remaining videos in this series.

The word "risk" is rooted in danger. But in practice, it's mostly a good thing. That's the underlying premise of our new show, RISK. This first episode took us to the world's first Center for Risk Literacy in Berlin and the flagship site of a now defunct criminal consumer electronics empire in New York

The word "risk" is rooted in danger. But in practice, it's mostly a good thing. That's the underlying premise of our new show, RISK. This first episode took us to the world's first Center for Risk Literacy in Berlin and the flagship site of a now defunct criminal consumer electronics empire in New York. In my research, I was most surprised to learn that the smallest shift in the way we present information can have life-or-death consequences– and that it's not common knowledge. I'm interested to hear any questions this video prompted, as well as what you'd like to see more of in all of our future shows.

While working on this video, I really started to think about how I take on risk every day. What started as something I only thought about in terms of personal finance quickly turned into ways I could apply this thinking to other parts of my life. Becoming more risk literate has made it much easier to

While working on this video, I really started to think about how I take on risk every day. What started as something I only thought about in terms of personal finance quickly turned into ways I could apply this thinking to other parts of my life. Becoming more risk literate has made it much easier to make all kinds of decisions, from the banal (should I bike to work if there’s a 30% chance of rain?) to the emotional (how can I approach a difficult conversation with my family?) I’m especially curious to hear how our viewers will apply the lessons of risk literacy outside of economics.

It’s great to see Risk Literacy being taught to key professions such as Doctors. I would be interested to hear more about how it is being taught to children too!

I wonder if risk taking is cultural? Here in Europe we have fewer startups than in US. Is that connected to us being more risk adverse? Fewer women than men start disruptive companies. Is that connected to risk taking?

1. Risks aren't always bad.

2. Knowing both the good and bad risks can help us achieve the former in decision-making situations.

3. Before you can even navigate through risk, you should fully understand its background and be able to digest it using frequencies and prerefarably not by confusing percentages.

Batteries taking charge

Batteries are on track to overtake fossil-fuels as the primary way we power the world. But significant hurdles remain on the road to an all-electric future. Quartz’s latest presentation for members breaks down the history, science, and business behind batteries and takes you inside the race to replace Big Oil. ✦Quartz

How batteries will power the future

Chemical batteries are the promise of a cleaner future but there they cannot stand alone . Battery production is firmly tied to the chemical industry and oil. All of the components form a complex web of mining, shipping,processing more shipping, manufacturing still more shipping. All of these steps require

Chemical batteries are the promise of a cleaner future but there they cannot stand alone . Battery production is firmly tied to the chemical industry and oil. All of the components form a complex web of mining, shipping,processing more shipping, manufacturing still more shipping. All of these steps require carbon emissions. This is real world economics not the numbers game beloved by academics.

And then, yes there is a lot more, the batteries need to be charged and the production of electricity has its own spider web of interlocking factors all of which....dramatic pause emit carbon.

Finally there has to be sufficient distribution of electricity to make the whole process worth it. Otherwise whole swaths of North America will be abandoned not to mention South America , Africa and Asia.

Lots of work to do to fix these problems.

Until then you pay at the pump

Batteries will help, but in order to Have 1 billion vehicles and 300 million trucks running on electricity we need massive mining as our friend has pointed, and the production of electricity should at least double. An article in nature, published last year, pointed out that we have about ten years left

Batteries will help, but in order to Have 1 billion vehicles and 300 million trucks running on electricity we need massive mining as our friend has pointed, and the production of electricity should at least double. An article in nature, published last year, pointed out that we have about ten years left to redesign lithium ion batteries. Though some improvements have been made, our challenge is orders of magnitude higher than what we are able to handle right now. We are not going to change the fuel of the world, but the fuel of the world will modify our societies deeply

The winner of the 2020 World Economic Forum is...

"Stakeholders." The s-word was inescapable at the 50th WEF, reflecting the rapid shift in thinking about the purpose of companies—and with new environmental, social, and governance metrics, companies can now meaningfully measure their impact.Quartz

And the winner of the 2020 World Economic Forum in Davos is… stakeholders

The business case for sustainability and responsibility has been, for the past few decades, the dominant basis on which to build arguments for socially responsible action. This did result in a notable improvement and increase in investments, however we also run the risk of justifying idleness where action

The business case for sustainability and responsibility has been, for the past few decades, the dominant basis on which to build arguments for socially responsible action. This did result in a notable improvement and increase in investments, however we also run the risk of justifying idleness where action does not seem profitable. This is highlighted in instances where those responsible for decision-making have a short-term outlook, especially since many such initiatives offer long-term payoffs. Very recently, we have seen scientists urge leaders to push harder against climate change, yet the response remains weak.

Linda Dickens, talking about the sub-topic of diversity management, offers an interesting idea that we may perhaps use as a lens through which to look at social responsibility in general. The idea is a ‘tripod’ of support, motivated by the business case for social responsibility, and guided and protected by legal and social regulation (under social regulation, interestingly, Dickens particularly mentions the power and benefits that unionisation or at least employee voice could bring). Perhaps what we can read about here, this recognition of stakeholders in an organisation that we may even consider a grey area between social and legal regulation, can be seen as a part of Dickens’s tripod. I find this comparison interesting because I think we will see a great deal more of such behaviour in the future.

That's all! Take a moment to reflect on your impact.