Quietly and with little fanfare, the Federal Reserve Board recently created a new department to deal with new technologies that could have an impact on the safety of the banking system. The Novel Activities Supervision Program is the central bank’s answer to the challenges from a range of different issues, including distributed ledger technology, tech-driven […]Read More

With all the buzz surrounding artificial intelligence, you would think AI systems are taking the business world by storm. You would be wrong. Despite the message that businesses need to jump on the AI bandwagon or get left behind, less than 4% of companies currently use the technology to produce goods and services, according to […]Read More

With the holiday shopping season in full swing and consumers spending more than $10 billion over the so-called Cyber Weekend – a nearly 8% increase compared with 2022 – forward-looking companies are already looking ahead to what 2024 will bring. But they aren’t thinking far enough ahead. In less than three years, America will celebrate […]Read More

Business professionals are encouraged to “think outside the box,” while at the same time being admonished by success coaches, consultants and bored journalists for talking inside the box with trite cliches and pithy aphorisms. But there’s no reason to push the envelope on business communication when there is a rich trove of language on the […]Read More

There have been many revolutions in human history. The development of the printing press in the mid-15th century launched the Communications Revolution. The adoption of steam power to machines spawned the Industrial Revolution in the 18th century. And the advent of computer technology in the mid-20th century brought the Digital Revolution. In much the same […]Read More