The Importance of Securing IoT Ecosystems

As the implementation and impact of IoT grow across the globe, so does the risk of being hacked, leaking data, and losing control. Adopting standardized protocols and security measures are necessary to secure the IoT ecosystem, in the early stages of its development, to prevent catastrophic failures in the future.

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Artificial Intelligence in the Construction Industry

Infrastructure planning and designing, providing suggestions for building, using drones for risk management and managing administrative activities are just a few applications of artificial intelligence (AI) in construction.

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Will the China Shock Operate in Reverse?

Everyone knows that China's economy has had explosive economic growth in recent decades, with tidal effects through the rest of the global economy. In fact, China's economy has come so far and so fast that some of the main shocks it has caused in recent decades may be about to move into reverse. At least, that is the provocative thesis of Charles Goodhart and Manoj Pradhan in "Demographics will reverse three multi-decade global trends," written as Bank of International Settlements Working Paper No 656 (August 2017). They write:

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The Smile Curve: The Distribution of Benefits from Global Value Chains

Global value chains have been on the rise. Roughly one-third of international trade is "traditional" trade, in which all of production happens in one country and all of consumption happens in another. About two-thirds is either a "simple" global value chain, in which "value added crosses national borders only once during the production process, with no indirect exports via third countries or re-exports or re-imports" or a "complex" global value chain, in which the value-added crosses national borders at least twice. The Global Value Chain Development Report 2017, which has the theme of "Measuring and Analyzing the Impact of GVCs on Economic Development," explores these issues and others. The report is published a stew of groups, with participants from the World Bank Group, the Institute of Developing Economies, the Organisation for Economic Co-operation and Development, the Research Center of Global Value Chains headquartered at the University of International Business and Economics, and the World Trade Organization. It consists of an "Executive Summary" by David Dollar followed by eight chapters written by various contributors.

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Self-Help Books are Great but What To Do When the Going Gets Tough?

So, when the going does get tough, author G. Brian Benson suggests practicing some of these habits: Laugh, Go for a Walk, Clear Out and Clean Up, Be of Service. Be Kind, Be Vulnerable, Happily Expect the Unexpected, Attitude of Gratitude, and, Hang in There!

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