Friday, March 27, 2020
Great Insite into why you should be ITIL 4 certified
Wednesday, March 25, 2020
Tuesday, March 24, 2020
Yuval Noah Harari: the world after coronavirus
Below is a summary - with a few questions
This storm will pass, humankind will survive, most of us will still be alive — but we will inhabit a different world.
Healthcare, politics, economy, culture will be different and the choices we make now could change our lives for years to come.
1. Surveillance - should there be privacy?
2. Will we travel down the route of disunity, or will we adopt the path of global solidarity?
Here is the dichotomy ..... if we are to act globally as one.... do we not have to be transparent? Should we not have anything to hide?
The key ingredient in being a connected , collaborative and contributive society is TRUST:
1. Surveillance - should there be privacy?
Closely monitoring people’s smartphones, making use of hundreds of millions of face-recognising cameras, and obliging people to check and report their body temperature and medical condition, authorities can not only quickly identify suspected coronavirus carriers, but also track their movements and identify anyone they came into contact with. A range of mobile apps warn citizens about their proximity to infected patients.
When you touch your phone to click a link - not only does big brother know what you’ve touched - but also knows your temperature and your pulse!
This is an effective way of monitoring and beating this virus... but at what cost?
Consider a hypothetical government that demands that every citizen wears a biometric bracelet that monitors body temperature and heart-rate 24 hours a day. The resulting data is hoarded and analysed by government algorithms. The algorithms will know that you are sick even before you know it, and they will also know where you have been, and who you have met. The chains of infection could be drastically shortened, and even cut altogether. Such a system could arguably stop the epidemic in its tracks within days. Sounds wonderful, right?
But if you can monitor what happens to my body temperature, blood pressure and heart-rate as I watch the video clip, you can learn what makes me laugh, what makes me cry, and what makes me really, really angry.
It is crucial to remember that anger, joy, boredom and love are biological phenomena just like fever and a cough. The same technology that identifies coughs could also identify laughs.
If corporations and governments start harvesting our biometric data en masse, they can get to know us far better than we know ourselves, and they can then not just predict our feelings but also manipulate our feelings and sell us anything they want — be it a product or a politician.
(Can they already do this by our activity on social media?)
Biometric monitoring would make Cambridge Analytica’s data hacking tactics look like something from the Stone Age. Imagine North Korea in 2030, when every citizen has to wear a biometric bracelet 24 hours a day. If you listen to a speech by the Great Leader and the bracelet picks up the tell-tale signs of anger, you are done for.
Trust citizens to do the right thing and respect privacy or force police state ?
2. We need to adopt the path of global solidarity
We are all human - and we will fight this by being one community - through collaboration , sharing knowledge,, sharing resources , helping and supporting our fellow human - in whichever way you can.
“The scourge we are facing doesn’t hate us because we are black or white, or anything in between.
It doesn’t condemn us because we are Buddhist, Christian, Hindu, Jewish or Muslim.
It doesn’t judge us because we are rich or poor.
It doesn’t blame us for its troubles because we are liberals, conservatives, capitalists or socialists.
It attacks and kills us because we are human.
So let us respond with humanity. Many people will find themselves isolated.
Reach out to them and encourage them to reach out. You may not be able to offer tangible help, but show them you care. Make personal contact with those you can and share messages of hope and strength on social media for those whom you can’t. Read the messages you receive with care and respond with compassion and sensitivity.
Yes, we are all going be frustrated, maybe angry and resentful. If it helps let it out. But do it without condemnation or judgement, without blaming or hating.
If we stand together with humanity, we will get through this and we will be better for it.”
This is what Yuval Noah Harari concludes in this article
If we choose disunity, this will not only prolong the crisis, but will probably result in even worse catastrophes in the future. If we choose global solidarity, it will be a victory not only against the coronavirus, but against all future epidemics and crises that might assail humankind in the 21st century.
For the full article in the financial times , click financial times Yuval Noah Harari
Sunday, March 22, 2020
Should we keep things in perspective?
Saturday, March 21, 2020
An excellent site for data on the virus
Thursday, March 19, 2020
Summary of McKinsey Report on Economic Impact - as of March 18
The financial system suffers significant distress,
but a full-scale banking crisis is averted
because of banks’ strong capitalization and the macroprudential supervision now in place.
Fiscal and monetary-policy responses prove insufficient to break the downward spiral.
The global economic impact is severe, approaching the global financial crisis of 2008–09. GDP contracts significantly in most major economies in 2020, and recovery begins only in Q2 2021.
The coronavirus crisis is a story with an unclear ending. What is clear is that the human impact
is already tragic, and that companies have an imperative to act immediately to protect their employees, address business challenges and risks, and help to mitigate the outbreak in whatever ways they can.
Here are some interesting stats from China....
1. Disease causes fatalities mainly to population 70 plus
2. Increase Testing seems to have a direct result in reducing cases of the virus
3. Major Countries affected outside China are Iran , Otaly and South Korea
4. Significant economic effects on consumer spending, retail sales, car sales, smartphones, hotel occupancy, tourism - no company remains unaffected .
Positive - reduced pollution
Friday, March 6, 2020
Could Coronavirus be the black swan of 2020 ?
- Cisco - took advantage of black Monday in 1987.
- Google and PayPal negotiated their journey after the Dotcom crash
- Airbnb , Square and Stripe were founded in the GFC.
Challenges focus the mind - and provide fertile ground for creativity and innovation .
“what may be a black swan surprise for a turkey is not a black swan surprise to its butcher; hence the objective should be to "avoid being the turkey" by identifying areas of vulnerability in order to "turn the Black Swans white"
- Have enough cash! Have enough access to money to ride out the tough period (toilet paper?) - and have enough access to money or “currency” to make the great acquisitions. Remember the core principal that my grandmother taught me - buy low and sell high!!! Seize opportunities when your competitors have been battered! In a downturn - revenue and cash levels fall faster in a recession
- Be prepared to change - be adaptable - as Darwin said - those who survive “are not the strongest or the most intelligent , but the most adaptable to change.
- Face facts - False optimism can be destructive - face the facts and take decisive action. Look at your overheads, Capex and budgets and reassess.