A few weeks ago Vanity Fair published an article about Elon Musk’s expensive attempt to push back on artificial intelligence (AI). “Elon Musk is famous for his futuristic gambles, but Silicon Valley’s latest rush to embrace artificial intelligence scares him,” writes Maureen Dowd, the article’s author. “And he thinks you should be frightened too.”
The most recent McKinsey–IIF survey on risk data and technology revealed that while banks struggle with the rising regulatory bar, leaders are actually finding business value. In 2016 McKinsey and the Institute of International Finance (IIF) conducted their fourth Global Risk Data and Technology Benchmarking Survey.
Clothing with built-in computers, sub-orbital commuting, artificially-intelligent appliances. Innovations like these aren't too far away. So how will it all change actual work? Your typical workday in 2030 may begin with the smell of bacon. You haven’t left the bed in your London home yet, but your implanted biochip told the appliances in the kitchen to start making breakfast.
Climate change and other environmental risks have gradually been moving up the global business agenda, becoming a mainstream issue in most boardrooms, rather than simply a matter of compliance. Yet current approaches to managing scarce natural resources and building resilience to environmental threats still leave much to be desired.