What Climate Change can Teach us About Securing Global Tech

I'm just back from a week in Rwanda, where I spoke at a conference on technology and economic development. One of the big questions was how countries that are working their way up the economic ladder should balance the need for better access to digital technologies with the need for those technologies to be secure and trustworthy. The discussion reminded me of another big policy challenge facing governments around the world: climate change.

How so? Well, climate policies today ask poorer, developing countries to swap the easy gains of fossil-fuel-powered growth that helped make rich countries, well, rich in the first place for something more sustainable (read: more expensive). The dynamics in tech are similar: today's tech giants got huge and rich countries a lot richer during a period of digitally-fueled growth marked by poor cybersecurity and little regard for consumer privacy. But now the US is demanding other countries reject the most economical (Chinese) options for building 5G networks, while European regulators are setting tougher standards for data privacy that are having ripple effects around the world.

The US crackdown on Huawei reflects a concern (overblown or not) that allowing the Chinese tech giant's cut-price gear into next-generation data networks poses unacceptable security risks. Ditching Huawei in favor of Western suppliers, or imposing tougher security standards across the board, as some European countries have proposed, might ease security fears — but could be cost-prohibitive for many countries in Africa.

The EU's tough data protection rules, similarly, aim to shore up online privacy. But they'll come at a cost as popular online services are forced to hire more compliance staff and rethink their business models. Attempts to establish similar protections in African countries might limit tech companies' appetite to provide innovative services there and in other regions where the digital economy is still just starting to gain steam.

Viewed through this lens, it's easy to see why developing countries might be loath to abandon cheaper Huawei equipment for 5G or adopt strict, European-style privacy practices around personal data. Rich countries that have already benefitted from decades of digital innovation and economic growth under the old system are in a better position to cope with the shift towards tougher security and privacy standards. Just as with climate change, the cost of transitioning to a more sustainable model could end up falling hardest on developing countries, where millions of people have yet to fully reap the benefits of an earlier, more carefree age.

In the southern Italian region of Basilicata, home to the Val d'Agri Oil Centre known as COVA, hydrocarbon processing has undergone a radical digital transformation. COVA boasts one of the world's first fully digitized hydrocarbon plants, but why? Two primary reasons: infrastructure and information. Val d'Agri has the largest onshore hydrocarbon deposit in mainland Europe. The site is expansive and highly advanced, and the plant features a sophisticated sensor system built to capture massive amounts of data. Maintenance checks, equipment monitoring, inspections and measurements are tracked in a fully integrated digital system designed to prevent corrosion and ensure cleaner, more sustainable natural gas processing.

Learn more at Eniday: Energy Is A Good Story

For a president gearing up for a fierce re-election fight next year, President Trump has a lot to worry about. Democrats are now taking more of the US political spotlight. The latest opinion polls don't look good for him. There are signs that the strong US economy, Trump's top selling point, may begin to wobble.

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Chinese Pigs – Beyond a trade war with the US and unrest in Hong Kong, now Chinese officials are wrestling with an even more basic political problem. Pork is the favorite meat for many of China's 1.4 billion people, and some analysts treat pork consumption as an important indicator of the financial well-being of China's middle class. A serious outbreak of African Swine Flu is expected to push pork prices 70 percent higher over the second half of this year, which will hit ordinary Chinese pockets hard. By some estimates, half of China pigs have been culled, but there are also reports that some farmers have avoided the expense of slaughtering infected pigs, raising fears that the disease will continue to spread. The central government takes this problem seriously enough to call on local officials to boost large-scale hog farming. So far, China's "Year of the Pig" is just not going well.

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Buy or sell: The iPhone

I'll make both arguments. First, buy. The new iPhone 11 didn't blow people's mind. But it's a pretty good phone. But what is most impressive is they lowered the prices on many of their phones and they offer a really good trade ins. So you can take your old iPhone, trade it in, get a discount on a new one. It's a pretty good deal. On the other hand, if the question is more: Is the iPhone still the unadulterated leader in innovation? Maybe not. The event was not quite as transformative as some of these events have been.

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1.2 million: Surging jihadist terrorism in Burkina Faso has pushed the country to the brink of humanitarian crisis, as attacks displace people from their homes and destroy critical infrastructure and hospitals. According to the International Committee of the Red Cross, 1.2 million Burkinabe are threatened with famine and malnutrition, and access to healthcare has dwindled. Experts say the violence is a spillover from the scourge of jihadism in neighboring Mali.

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