Author: Colin Henderson

Progress in era of productivity
AI

Bad reporting example on bank runs in Canada without evidence

Colin Henderson

This is reporting at its worst. The content stretches to match the title but it is not even close. To talk about bank runs without context is wrong. Clouds on the horizon? There are alaways emerging risks, but no Canada specific clouds. Canada needs to prepare as the risk of bank runs rises, warns report ‘Emerging clouds on the horizon’ signal changes needed to existing checks and balances Get the latest from Naimul Karim straight to your inbox  Published Oct 01, 2024  •  Last updated 6 days ago  •  3 minute read Canada may not have had a big banking failure in many years, but “emerging clouds … Continue reading Bad reporting example on bank runs in Canada without evidence

Business Models, covid, Economy

Hybrid working in global cities: how does London’s return to the office compare? 

Colin Henderson

#Productivity  #The Future of Work  Hybrid working in global cities: how does London’s return to the office compare? Toronto is behind the rest of world.  Workers in central London continue to return to the office, though not as quickly as in other global competitor cities, raising concerns about future economic growth.  Blog post  published on 3 September 2024  by Rob Johnson Workers in central London continue to return to the office, though not as quickly as in other global competitor cities, raising concerns about future economic growth.  It seems that reports of the death of the office have been greatly exaggerated. This was clear last year, where a Centre for Cities’ … Continue reading Hybrid working in global cities: how does London’s return to the office compare? 

AI, Cybersecurity

New CIRA data finds cyber crime is driving customers away from impacted Canadian businesses

Colin Henderson

Reports of reputational damage to organizations due to cyber attacks have quadrupled since 2018 October 01, 2024 08:00 ET| Source: Canadian Internet Registration Authority (CIRA)Follow OTTAWA, Ontario, Oct. 01, 2024 (GLOBE NEWSWIRE) — Trust is hard-earned and easily lost; a lesson many Canadian organizations learned the hard way this year as cyber attacks impacted their businesses. Forty-four per cent of organizations reported experiencing a cyber attack in the last 12 months and more than a quarter of the 500 cybersecurity professionals surveyed, said that it had hurt their organization’s reputation (28 per cent) and cost them customers (26 per cent). The … Continue reading New CIRA data finds cyber crime is driving customers away from impacted Canadian businesses

AGI, AI

Here’s a compilation of the blog posts from the Napoleon Buzzsnot series September 2024:

Colin Henderson

These pieces provide insight into the mind of AI on progression towards AGI and what will be required.It’s a different way to assemble business requirements and reflects the incongruity, ambiguity and inconsistencies of the human mind; all of which are needed for advances beyond the raw fact based logic of AI. I give you Napoleon Buzzsnot. Courtesy of Voodoo Two Two in The Mind of AI blog which I encourage you to follow. —- —- – The Symphony of Silence by Napoleon Buzzsnot In the quiet spaces where no sound is heard, there is a symphony—if you listen closely. A … Continue reading Here’s a compilation of the blog posts from the Napoleon Buzzsnot series September 2024:

Economy

Growth indicator – AUM and broker revenue

Colin Henderson

Even with markets in ascent, asset managers’ revenues have flatlined. But the evolution of balance sheets among banks, insurers, and high-net-worth individuals could unlock the next wave of growth. DOWNLOADS Article (21 pages) The North American asset management industry faces a conundrum. The 2023 recovery appears to be accelerating in 2024, but the industry has struggled to regain its financial footing. Revenues have stagnated amid outflows from higher-fee active equity mutual funds and a period of adjustment in the private markets. And profitability has remained under pressure amid rising costs. The good news: lifted by strong market performance and healthier … Continue reading Growth indicator – AUM and broker revenue

AI

Edgescale AI Emerges from Stealth, Partners with Palantir to Launch Live Edge

Colin Henderson

October 02, 2024 06:59 AM Eastern Daylight Time DENVER–(BUSINESS WIRE)–Edgescale AI Inc. and Palantir Technologies Inc. (NYSE:PLTR) announced today a strategic partnership to deliver Live Edge, a groundbreaking combination of Palantir Edge AI and Edgescale AI distributed infrastructure technology, designed to operationalize artificial intelligence (AI) in manufacturing, utilities, and other complex industrial environments. “Live Edge unburdens our customers from complex infrastructure requirements and overhead, accelerating delivery and time to value, and transforming how industries operate.”Post this Scaling AI to the Real World AI is reshaping the world and transforming our relationship with technology, yet applying AI to operational technology in … Continue reading Edgescale AI Emerges from Stealth, Partners with Palantir to Launch Live Edge

Cybersecurity, Security

North Korean Activity in the Casino and Gaming Sector: How Do Jurisdictions Respond?

Colin Henderson

Allison Owen and Chandana Seshadri 3 September 2024Long Read RUSI. READ FULL REPORT(PDF 687KB) https://static.rusi.org/north-korean-activity-in-casino-gaming-industry_0.pdf This paper outlines proliferation finance activity tied to the casino and gaming sector, as well as the emergence of new avenues of exploitation that authorities should analyse as part of their national risk assessment process. Criminal actors exploit under-regulated aspects of the casino and gaming sector to launder and move illicit assets across jurisdictions. This threat is further compounded by the reported involvement of cryptocurrency as a means to move and obfuscate criminal assets. As a result of this shift in design, a new global illicit marketplace has emerged … Continue reading North Korean Activity in the Casino and Gaming Sector: How Do Jurisdictions Respond?