Industry Reports

How Governments Should Regulate The Crypto Market?

July 30, 2018

The tsunami of technological disruption stemming from cryptocurrencies requires tough decisions and implications for governments. Valued at $500 billion, the cryptocurrency market has over 1000 currencies, with at least 39 currencies that have market capitalizations above $1 billion (Cornish, 2018; Choudhury, 2017; CoinmarketCap, 2018). To benefit from the trending currencies, entire industries have risen up, including marketplaces, digital wallets, mining services, secure storage and other financial services (see Appendix 1 for the cryptocurrency ecosystem).

Innovation & Disruption In Utilities: Electrifying In A New Era

July 15, 2018

Innovation & Disruption in Utilities (incumbents in electricity retail market):
With changes in the utility sector ranging from regulations to the increased need for environmental awareness, incumbents have to overthink their role as pure commodity players. What steps need to be taken by utilities to remain profitable, and at the same time being part of the transformation towards a greener society?

The Future Of Healthcare

July 15, 2018

What roles must governments, organisations, and individuals play to ensure healthcare can be provided universally at a low cost to the individual?
Why and how individual healthcare spending is an issue
Observation from developing and developed countries
Globally, the escalation of healthcare cost for individuals has become a challenge. A report produced by the World Bank and the World Health Organisation has indicated that individual out-of-pocket (OOP) health expenditures have pushed about 100 million population per year into “extreme poverty”, living on $1.90 or less a day (Exhibit 1); and about 180 million per year into poverty using a $3.10 per day threshold.

Regulatory Dynamics Of Artificial Intelligence Global Governance

July 15, 2018

Artificial Intelligence is widely acknowledged to hold radically transformative—and disruptive—potential on par with the invention of the printing press and the Industrial Revolution. Sergey Brin (2018), co-founder of Google, has belittled his accomplishments in comparison: “The new spring in artificial intelligence is the most significant development in computing in my lifetime.” As AI has transformed the economy (Chui et al., 2018), and changes the role of government (Eggers et al., 2017), it also holds the potential for mass unemployment (Nedelkoska & Quintini, 2018), and possibly constitutes an existential threat to humanity (Bostrom, 2014). The careful governance of this disruption is a key challenge and imperative of our time.

Gamification: A Suitable Approach To Improve Healthcare All Over The World?

July 1, 2018

The Future of Health: With the world’s population forecast to continue to grow throughout the 21st century and with human beings, in developed countries, having greater than ever life expectancy, new approaches to health research and delivery will need to be developed. What roles must governments, organizations and individuals play to ensure that healthcare can be provided universally at a low or zero cost to the individual?

Robotics: Manufacturing A Technology Policy Blueprint

July 1, 2018

Introduction – The Robotics Revolution
When Chinese President Xi Jinping visited the University of Science and Technology of China in 2017, he was greeted by two humanoid-robots named “Jia Jia” and “Xiao Man” – “Hello Mr. President, we are pleased to be part of China’s great rejuvenation,” they said. Xi praised the engineers’ work, and stressed the importance of self-led robotics innovation. Miles away, in a factory in Guangdong province, nine robots now do the job of 150 full-time workers (Bland, 2016). Robotic arms hoist circuit boards, process before transporting them through a computer-linked camera for quality inspection. Across China’s manufacturing belts, thousands of factories like this are turning to automation in a major government-backed, robotics-driven industrial revolution.

The Healthcare Industry: What Is The Diagnosis?

June 15, 2018

The Healthcare industry arguably has a greater influence on our daily lives than any other. From birth to death, everyone is affected by the quantity and quality of care that we can receive. The stakeholders are not only individuals and societies but businesses, which depend on healthy employees and customers. Understanding how our healthcare systems are structured, funded and staffed is the first step towards creating healthier and so more productive societies. Furthermore, with a total revenue of almost US$2 trillion the influence of healthcare on the global economy should not be underestimated.