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Creating Generational Legacies

Sunday, November 17, 2019

It was the best of times, it was the worst of times




It was the best of times, it was the worst of times, 
it was the age of wisdom, it was the age of foolishness, 
it was the epoch of belief, it was the epoch of incredulity, 
it was the season of Light, it was the season of Darkness, 
it was the spring of hope, it was the winter of despair...
Charles Dickens' "A Tale of Two Cites" (1859)

Our world is witnessing internet and mobile  use and ubiquity, and there is a wave of change, both good and bad.

The Internet, 4G and 5G  is enabling People and Organisations to  transcend national borders and span the planet. 

These Organisatons are challenging  Nation-States as a way in which we humans are organising ourselves into global tribes.

Global company are negotiating with Cities and Countries for the equivalent of 'diplomatic immunity' in return for providing jobs and revenue from the incomes that their locally-based employees spend?

But is the power base still based on Countries and Ideologies?

As former Treasury Secretary Henry Paulson has written, “The battle is about whose economy will drive the technology of the future and set the standards for it.”

Why is USA banning  telecom-equipment giant Huawei saying the company is state-directed and could sabotage 5G infrastructure or use it to steal data?

China has set explicit goals of dominating such fields as artificial intelligence, quantum computing, robotics, and autonomous vehicles. Huawei is leading the 5G race as a clear winner... which is going to lay the foundation of the future of Internet of Things and the Digital Highway. 

Is there going to be a choice to back “China Technology” or “American Technology” or are people going to focus on backing the Organisation with the best product or customer service?

Chinese companies’ revenues now  account for only 25.6% of the Global 500 total, behind America's 28.8%. China is growing !!

President Xi Jinping has said that by 2049, the communist revolution’s centennial, China will be “fully developed, rich, and powerful,” a goal that China expert Graham Allison of Harvard says includes being “unambiguously No. 1,” with a military “that can take on and defeat all adversaries.”

Fortune’s founder, Henry Luce, famously declared in 1941 that the 20th century was the American Century.

Will the 21st century becomes the Chinese Century in the full sense—with China dominating culture, ideals, and concepts of human rights and human nature?

Or the Century of Global Corporations? 

Will we in fact have a full 21st Century and be able to combat Climate Change? 

This international power play reminds me of  a few ants fighting each other for the power of their colony, and so focussed on each other, that they don't see the boot above them that will stamp them into oblivion?? 

MAYBE IT WILL NOT BE ABOUT THE POWER OF NATIONS, BUT IN FACT THE ABILITY TO WORK TOGETHER TO SURVIVE AND THRIVE


It was the best of times, it was the worst of times, 
it was the age of wisdom, it was the age of foolishness, 
it was the epoch of belief, it was the epoch of incredulity, 
it was the season of Light, it was the season of Darkness, 
it was the spring of hope, it was the winter of despair...
Charles Dickens' "A Tale of Two Cites" (1859)

Tuesday, November 12, 2019

Bill Gates: Paranoia on China is a 'crazy approach' to innovation

Microsoft founder suggests 'objective test' of security claims against Huawei



MARRIAN ZHOU, Nikkei staff writer

NOVEMBER 08, 2019 04:39 JST

Microsoft founder Bill Gates says an objective test should be used to determine whether companies such as Huawei pose a security risk.  ©Bill & Melinda Gates Foundation


NEW YORK -- Microsoft founder Bill Gates decried the "paranoid" view fueling the current high-tech rivalry between the U.S. and China, telling an audience here Wednesday that trying to stop Beijing from developing innovative technologies is "beyond realistic."

President Donald Trump and many American lawmakers, both Republicans and Democrats, have voiced national security concerns over major Chinese companies such as Huawei Technologies. The global telecom equipment supplier was placed on the U.S. Commerce Department's Entity List in May, a blacklisting that restricts its purchases of American technologies.


"Huawei, like all goods and services, should be subject to an objective test," Gates said at The New York Times DealBook Conference. "The rule that everything that comes from China is bad ... that is one crazy approach to trying to take advantage of innovation."


The DealBook Conference is an event for innovative thinkers and business leaders to engage in discussions with Times journalist Andrew Ross Sorkin. 

The billionaire philanthropist said the U.S. and China should take advantage of each other's innovations, rather than turn against one another.


Microsoft has provided Windows source code to governments in the past, Gates said, and those officials became comfortable with the American company's products after examining the system. Huawei could adopt the same approach, he said.


When the event moderator said the Trump administration is unlikely to consider that approach as sufficient to solve security concerns, Gates replied: "Anyone with tech expertise would think so."


Ajit Pai, who chairs the Federal Communications Commission, said Tuesday that the U.S. must source equipment for new fifth-generation wireless networks from trusted vendors -- and that Huawei is not trusted. He outlined arguments to consider the Chinese company a security threat and urged American wireless carriers to avoid buying Huawei products.


But trust goes both ways, Gates said. If Washington does not trust Chinese tech equipment, why would Beijing trust American products such as a jet engine, which theoretically could be shut off remotely.


The mistrust extends to the crackdown on Chinese-born engineers as well. In May, the Institute of Electrical and Electronics Engineers banned researchers from its peer review process if they are "interacting with" Huawei, though the professional association reversed the decision days later. In June, the U.S. State Department cut the length of visas from five years to one for Chinese students of aviation, robotics and advanced manufacturing.


"If you are so paranoid, what about the codes that are being written by somebody whose grandmother or great-grandmother was Chinese?" Gates said. "Is there any piece of software in the world that you are willing to trust?"


The FCC in May voted to ban telecom provider China Mobile from offering service in the U.S. over security concerns as well. The agency intends to vote this month on removing and replacing Chinese equipment from rural American wireless carriers, which currently use equipment from Huawei or compatriot ZTE in their networks.


"You should use objective measures," Gates continued, throwing up his hands. "There are people born in foreign countries who write software, honest to God."

Sunday, November 3, 2019

$1 Billion Clean Energy Investment



 

I received an email from our MP of Wentworth, David Sharma on Friday, who shared with me the Governments plan to invest $1 Billion into new capital investment into Renewables.
I am encouraged by this initiative to embrace the technology available and market forces and work together with Industry, Universities and Research Institutions such as the CSIRO to making the transition to a lower carbon future, possible.

Human-induced climate change is clearly a major issue



"More Renewables in the grid requires more investment  — to keep reliability high and prices steady given the intermittent nature of solar and wind." said David Sharma - MP of Wentworth.

As part of the Government's plan to make energy more affordable, reliable and clean, they are providing  the Clean Energy Finance Corporation (CEFC) with $1 billion in new capital to invest in reliable energy via generation energy storage, grid capacity, and network infrastructure.





The fund will invest in the following  eligible projects:

  • energy storage projects including pumped hydro and batteries
  • transmission and distribution networks
  • grid stabilising technologies, and
  • eligible projects shortlisted under the Underwriting New Generation Investments (UNGI) program.

Australia's deployment of Solar and Wind 

It is a remarkable fact that Australia’s deployment of solar and wind energy is happening at ten times faster than the world average. In the first weeks of 2020, Australia will tick past 25 gigawatts of wind and solar generation, meaning we will have joined the "kilowatt per capita" club. Only two other countries have made it thus far: Denmark and Germany. 


New technology, market forces and human behaviour are shifting our emissions curve in the right direction, as a report last week from the Australian National University makes clear. The ANU report found that “Australia’s world-leading per-capita rate of deployment of solar and wind energy is displacing fossil fuel combustion”, and that “continued deployment of solar and wind at current rates allows Australia to meet its Paris emissions target at low or zero net cost”.
 
As the ANU report outlines, the main challenge for government is to “facilitate construction of adequate electricity transmission and storage to allow continued rapid deployment of solar and wind”.

The Government is supporting the following initiatives in Energy Transmission and Storage :- 



  • Investment in Snowy 2.0, a pumped hydro storage project that will be the largest in the Southern Hemisphere, and which will store 350,000 MW hours of energy.
  • Investment in the building of  a second interconnecter between Victoria and Tasmania, better connecting Tasmania to the mainland grid and giving us access to its considerable pumped hydro capacity.
  • Earlier this week the Prime Minister and NSW Premier announced a joint underwriting of the New South Wales - Queensland interconnector, another vital piece of network infrastructure which will strengthen the backbone of the national energy market.
  • The Chief Scientist, Alan Finkel, is working on a hydrogen strategy and advising us on how we can become a major exporter of hydrogen produced from renewable sources. 

Down the track, they will be looking at options for further electrification of the economy, particularly in the transport sector, to take greater advantage of low-emissions energy.


Our energy system is  in transition towards a lower carbon future, driven by technology, the continued decline in price for Renewables, and market forces. This is an exciting time to be living on this planet!