How to Get Your Business Ready for the Next Downturn
MIT Sloan Management Review, December 2022, Donald and Charles sell Recessions are painful for the economy, but they also lead to a rise in uncertainty. The authors present three strategies for managing uncertainty: portfolio agility, local agility, and resilience. They also provide helpful tips for enhancing each strategy.
The Story of Cryptocurrency
Bloomberg, October 20, 2022, by Matt Levine
This essay delves well beyond bitcoin to examine the underlying technologies of cryptocurrencies, their potential future developments, and the implications of these developments for the world financial system. With 40,000 words, it covers a lot of ground—enough to fill an entire issue of Bloomberg Businessweek. Not too long after it was published, the cryptocurrency exchange FTX collapsed, leading to a recent update.
Why Computers Are the Future—Everywhere, Every Time
Christopher Mims (October 20, 2022) in The Wall Street Journal The future of computing is more linked, more everything, everywhere, and all at once than the phones and smart devices that many of us are used to carrying around in our pockets and homes. We live in an ambient world where technology is both unseen and untouchable. According to Christopher Mims, sensors can play our favorite music, adjust the temperature to our preferred level, wake us up, prepare our autonomous automobile for a meeting, and recommend proper attire. Still, he says, that new reality will not come about immediately. To make it viable, the technological plumbing needs to be greatly improved.
Qualities Of An Excellent Leader
Karl Weber, Jason Wild, Emily Tedards, and Linda A. Hill, Harvard Business Review, September 2022 In other words, the responsibilities of architect, bridger, and catalyst are the ABCs that tomorrow's leaders must learn and master. They will have to change the way they lead in order to facilitate and promote experimentation, teamwork, and shared learning within a more varied ecosystem.
Can Common Sense Be Learned by Computers?
The New Yorker, April 20, 22; written by Matthew Hutson The "dark matter" of AI, according to the CEO of the Allen Institute for Artificial Intelligence, is common sense. "Despite being indescribable, it influences a great deal of what we do and must do." This article provides a good summary of the work being done to incorporate that dark matter into contemporary algorithms, as well as the occasionally delicate role that humans play in the process.
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