Can we avoid another financial crisis?

We need to embrace intangible assets. And the lending world and investors need to free up funds to support intangible creators

Can we avoid another financial crisis?Could intangibles help avert the next financial crisis? Yes. And they'd better, because the train of global prosperity is about to jump the track and intangible assets are the only possible salvation. Today's headlines are depressing. There's a constant stream of negativity led by U.S. President Donald Trump's assault on the North American Free Trade…

Canada needs new data for a new economy

It’s time to focus on assessing skills in workforce development as we prepare for the inevitable job shift

Canada needs new data for a new economyWhen the federal Liberals took power in 2015, they made evidence a key priority in policy-making. Michael Barber, known for his groundbreaking work in “Deliverology,” the science of getting results, was brought in to advise key government decision-makers, and results and delivery units were created within federal departments. Across almost every ministry, there was a…

Jobs and careers in the ‘fourth industrial revolution’

The fourth industrial revolution will have the greatest impact on routine tasks. A flexible, well-educated and suitably trained workforce will be critical

Jobs and careers in the ‘fourth industrial revolution’By Jock Finlayson and Kristine St.-Laurent Business Council of B.C. The work world is being transformed by rapidly evolving digital technologies as we march into what many are calling the “fourth industrial revolution.” With disruptive technologies pushing the frontiers of automation, some of the comparative advantages humans traditionally have enjoyed relative to technology are eroding. Computers…

The ecological upside to job automation

How future changes in the structure of business and the nature of work could impact the environment

The ecological upside to job automationReplacing humans with robots clearly has a dystopian flavour. But could the successive waves of artificial intelligence (AI) and other exponentially developing technologies displacing jobs, ranging from banker to construction worker, have potential positives for the environment? According to a 2016 McKinsey automation study, about a third of most job activities, affecting 49 per cent…

We need to start putting a value on intangible assets

The new economy relies on outputs like software, social media networks and apps. But very few of these new intangible value drivers fit into the existing accounting framework

We need to start putting a value on intangible assetsIf you're in business today, you no doubt face a conundrum: the financial statements of your company tell you that certain physical objects are the principal assets of your business but, sadly, that's not what the market or your gut tell you. Business increasingly relies on non-traditional sources of value. For example, most software companies…

Putting artificial intelligence to work for Alberta’s future

The increased use of AI changes the job market. Some jobs disappear. New jobs are created. AI applies to more existing jobs

Putting artificial intelligence to work for Alberta’s futureAlberta’s job market is a powerhouse. We had the highest employment rate in the country last year with 66.7 per cent of our population age 15 and over working at a job. That’s five percentage points above the national average and 16 points higher than the lowest rate, which is found in Newfoundland and Labrador.…

Has trust in journalists started to rebound from rock bottom?

A new survey says people are looking at journalism with new respect in these troubled times

Has trust in journalists started to rebound from rock bottom?It’s true. The 2018 survey by Cision of 1,355 journalists from across six countries discovered that perceived trust in professional journalists improved by 20 per cent this year. Cision is a global provider of media software. Yes, sadly, journalists felt underappreciated by 91 per cent of the general public up until last year. And fake…

Start preparing for the economic impact of Artificial Intelligence

With the hype reaching fever pitch, the key question comes down to how to fund tax revenue shortfalls and higher unemployment costs

Start preparing for the economic impact of Artificial IntelligenceThe hype around artificial intelligence (AI) is reaching fever pitch. Key questions explore how it might impact our lives and employment over the next five to 10 years. These lead to questions over how to fund tax revenue shortfalls and higher unemployment costs. In practice, it’s too early to know how fast AI will advance,…

The pipeline to the future doesn’t carry the jobs of the past

The ruckus over the Kinder Morgan project is a good reminder that the economic conditions we once enjoyed are on the way out

The pipeline to the future doesn’t carry the jobs of the pastWhile the opinion writers and politicians are venting about expanding the Kinder Morgan pipeline for diluted bitumen to the West Coast, it might help to consider some history. We didn’t arrive at this shout-fest without making diverse tracks from previous experiences, and most of us are old enough to think back over a few previous…

Just another disruptive technology? The future of Artificial Intelligence

Almost every new and disruptive technology arrives with a fanbase claiming it will revolutionize life on Earth. Artificial intelligence is no different

Just another disruptive technology? The future of Artificial IntelligenceThe tech worker is on the front lines of a major breakthrough in work productivity and business performance: artificial intelligence (AI). The role of AI in the future of almost every industry is practically a given. Business and technology analysts the world over have agreed that AI will have an impact across all industries. For…

20 robotics and connected devices that could impact our lives

How the next wave of disruptive technologies will change our notions of ‘normal’

20 robotics and connected devices that could impact our livesIf we could time travel five, 15, or 20 years into the future, what would we see? It doesn’t take a team of futurists to imagine a continuing evolution of intelligent, robotic, connected, digital, and social technology innovations persisting for decades to come. Automated, smart, digitised, and autonomous are some of the design qualities likely…

Ten shocks that could overturn our world

Future factors and potential disruptions that could have a truly transformative impact on life, society, government, the economy, and business

Ten shocks that could overturn our worldThe world is becoming increasingly aware that there is no such thing as ‘normal’ any more. Some say this near immunity to large scale shocks started with the UK’s decision to leave the European Union, Donald Trump’s election as U.S. President, and the revelations about fake news on social media influencing voters and elections around…

Beware the coming superintelligence of machines

Machine learning is still in its infancy but it won't be long before humans are forced to deal with some very real issues related to artificial intelligence

Beware the coming superintelligence of machinesBy Brennen Schmidt ALEUS Technology Group and Allan Bonner Troy Media columnist This old joke is getting a new life: “Do you believe there’s intelligent life on other planets?” A witty respondent says, “I sure hope so, there’s so little of it here on Earth.” This can be repurposed for a discussion of artificial intelligence…

Artificial intelligence opens the door to a resurgence in the humanities

The good news about AI’s ascent is that the humanity might be shocked back into universities

Artificial intelligence opens the door to a resurgence in the humanitiesI wouldn’t want to be a prophet. Prophesy’s a tough profession. If not attacked, beaten or burned, the prophet’s ignored, shunned and hated. All for having something important to say. So don’t treat what I have to say about how universities will respond to artificial intelligence, or AI, as prophesy. At issue is how AI…

5 tech services that can help your business

There are all sorts of tech tools that can help businesses, and that can save you a ton of time, money, and resources

5 tech services that can help your businessIn the digital age, business is becoming more and more about perfecting efficiency and being the quickest to the punch. Just about every business is up online, or is using the internet to grow their business as much as possible. It often becomes a lot to manage, which is why business owners are enlisting the…