Author: Colin Henderson

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TD Bank created an environment that allowed financial crime to flourish

Colin Henderson

Senator Colin Deacon summarised the impact of the fine TD Bank was hit with after the US Innvestigation assessed they knowingly worked to avoid AML rules and thuse became criminals themselves. This United States Attorney General Merrick Garland humiliated this Canadian bank over something so fundamental. AML rules are intended to eliminate one aspect of the transfer of cash or funds from being criminal proceeds to legitimate business proceeds. Deacon is correct in thei being a humiliation for Canada, yet OSFI have been silent on this matter, something I find even worse. Here is a short piece on thereaction of … Continue reading TD Bank created an environment that allowed financial crime to flourish

Risk1 Comment

“Power corrupts, and absolute power corrupts absolutely,”

Colin Henderson

The idea of the philosopher king, a leader who governs with wisdom and morality, has long captured the imagination. During a recent coffee chat, my friend and I debated whether the most moral person should lead an organization. My friend argued that if a moral leader were at the top, they would always make the right decisions for the benefit of everyone. While I understand the appeal of this idea, I believe it overlooks a key problem: even good people can make mistakes, and the path to power often requires qualities that are far from virtuous. Good intentions alone are … Continue reading “Power corrupts, and absolute power corrupts absolutely,”

AI

Toyota Joins With Hyundai’s Boston Dynamics on AI-Powered Robots

Colin Henderson

Research effort aims to develop, deploy multi-tasking robots at scale. By Chester Dawson October 16, 2024 at 9:00 AM EDT Updated on October 16, 2024 at 4:06 PM EDT Save Translate 3:28 Toyota Motor Corp.’s research unit and Hyundai Motor Co.’s Boston Dynamics are joining forces to speed up development of humanoid robots with artificial intelligence. The partnership will pair Toyota Research Institute’s expertise in large behavior model learning for machines with Boston Dynamics’ humanoid Atlas robot, they said Wednesday. Boston-based teams from TRI and Boston Dynamics will conduct research on use cases for AI-trained robots in areas such as human-robot interaction, they said. … Continue reading Toyota Joins With Hyundai’s Boston Dynamics on AI-Powered Robots

AI

Google’s Nuclear Deal Points to a Promising New Group of Stocks

Colin Henderson

Follow Barron’s in Apple News Companies that own nuclear reactors have been the biggest beneficiaries of rising demand for nuclear power for most of this year. That includes Constellation Energy and Vistra, whose stocks have more than doubled this year. Now, a new group of nuclear stocks is beginning to rise—companies that are designing, building, and fueling new kinds of reactors. That includes NuScale Power, Oklo, BWX Technologies, and Centrus Energy, and their ascent may just be getting under way. On Monday, Alphabet’s Google announced that it had made a deal with privately held Kairos Power, a California-based developer of … Continue reading Google’s Nuclear Deal Points to a Promising New Group of Stocks

Business Models, Economy

Chief executives at major Canadian companies are looking to mergers and acquisitions for growth, according to a recent survey from KPMG International Ltd.

Colin Henderson

Its annual CEO outlook said 41 per cent of Canadian CEOs are likely to make an acquisition that would significantly impact their operations. Only nine per cent are unlikely to make an acquisition at all. Nine in 10 chief executives of large corporations have a high to moderate desire to acquire when the timeline is broadened to three years, and 40 per cent are mulling major deals. A similar survey of small and midsized businesses (SMBs) said just 34 per cent of them are looking at acquisitions. “As the cost of capital eases, investors and corporates are becoming more confident about … Continue reading Chief executives at major Canadian companies are looking to mergers and acquisitions for growth, according to a recent survey from KPMG International Ltd.

AI

The 5 Most In-Demand Skills In 2025

Colin Henderson

The 5 Most In-Demand Skills In 2025Bernard MarrContributorFollow0Oct 14, 2024 1. AI Fluency: The New Digital LiteracyBy 2025, AI proficiency will be as fundamental as computer literacy is today. The adage that “AI won’t replace humans, but humans who use AI will replace those who don’t” will become a stark reality.AI fluency encompasses mastering prompt engineering to extract optimal results from AI systems, customizing AI models for specific business applications, and navigating the ethical implications of AI deployment. Crucially, it also means recognizing AI’s limitations and leveraging uniquely human traits like relationship-building and creative problem-solving—skills that will remain irreplaceable. 2. Digital Transformation … Continue reading The 5 Most In-Demand Skills In 2025

AI

CHIPS | INSIDE SCOOP

Colin Henderson

Nvidia Director’s Stock Sales Pass 4 Million Mark in 2024 Follow Barron’s in Apple News N vidia director Mark Stevens just sold more stock, bringing his sales so far this year to more than four million shares. Stevens sold 155,000 Nvidia shares on Wednesday for $20.5 million, an average price of $132.27 each. He sold the stock through a trust that now owns 8.1 million Nvidia shares, according to a form Stevens filed with the Securities and Exchange Commission. He also owns another 17.3 million Nvidia shares through another trust, and holds 12.9 million shares in a personal account. Stevens … Continue reading CHIPS | INSIDE SCOOP

AI

From bytes to bushels: How gen AI can shape the future of agriculture

Colin Henderson

June 10, 2024 | Article Complementing analytical AI with generative AI can create new value on and o! the acre. A number of exciting use cases show how the industry can evolve. DOWNLOADS  Article (8 pages) G lobal demand for nutrition continues to increase, creating new economic pressures—and opportunities—for farmers. At the same time, the agriculture industry must contend with the push toward more sustainable practices. The emergence of rapidly evolving technologies, such as AI, o!ers agriculture players another powerful tool to meet these challenges head on and unlock greater e”ciency and e!ectiveness throughout their businesses. Generative AI (gen … Continue reading From bytes to bushels: How gen AI can shape the future of agriculture