Cyber Security Challenges in the Current Computing Environment
The rapid expansion of connected devices through the Internet of Things (IoT) has revolutionized modern society, integrating technology into daily life and critical infrastructure. However, this interconnectedness introduces profound challenges, including cybersecurity vulnerabilities, ethical dilemmas in cyberwar, and the spread of misinformation on digital platforms. Cyber-attacks, such as NotPetya, demonstrate the potential to disrupt economies and societies, while state-sponsored operations like Stuxnet and Pegasus highlight the murky ethics of unrestricted digital warfare.
The New Future: Knowledge-based Economy Overtaking Platform-based Economy
The global economy is transforming, with the knowledge-based economy (KBE) emerging as a dominant force, potentially surpassing the platform-based economy (PBE). KBEs prioritize intellectual capital, innovation, and specialized skills, driven by technological advancements and data analytics. In contrast, PBEs rely on digital platforms to facilitate transactions and network effects, as seen in companies like Amazon and Uber.
AI in the Digital Age: Transforming Employment Through Innovation and Opportunity
In the digital age, artificial intelligence (AI) is transforming employment by enhancing efficiency and redefining work, not eliminating jobs. AI excels in tasks like protein mapping, X-ray analysis, and stock trading, augmenting human expertise rather than replacing it.
Impact of AI Technology on Society and Economy
Artificial Intelligence (AI) is a transformative force reshaping society and the economy in unprecedented ways. As a General Purpose Technology (GPT), AI integrates with computing, energy, and data systems, driving exponential advancements across industries
U.S. tariffs: Protecting Industries or Raising Prices?
Tariffs, taxes imposed on imported goods, have been a cornerstone of U.S. trade policy, particularly under recent administrations. Their resurgence, notably during the Trump administration’s trade wars and continued under Biden, aims to protect domestic industries, address trade imbalances, and bolster national security. However, tariffs spark debate over their economic efficacy and broader societal impacts. While proponents argue they shield local jobs and industries, critics highlight increased consumer prices and strained global trade relations. This article explores the multifaceted effects of U.S. tariffs
Digital Agriculture Can Boost Economies of Low, Middle-Income Countries
In recent years, the world has witnessed a dramatic shift towards digitization in various sectors, and agriculture is no exception. Digital agriculture, also known as smart farming or precision agriculture, involves the use of technology to optimize agricultural practices and improve productivity.
Key Digital Technologies Transforming U.S. Agriculture
Welcome to the era of digital agriculture, where cutting-edge technologies are revolutionizing the way, we grow our food and manage our farms. In recent years, the agricultural industry in the United States has seen a remarkable transformation in digital technologies.
Will Supply Chain Issues Continue In 2023?
The Supply Chain scenario was very volatile in 2022 internationally. Port disruptions, rail strikes, driver shortages, and other issues plagued it. According to industry analysts, supply networks might take up to 2-3 years to recover.
The Impact of Trade Restrictions on Global Wheat Prices
China, India, and Russia are the three largest wheat producers in the world. The United States is the fourth-largest wheat producer in the world. Wheat is the second most important grain that is cultivated in the United States, following corn. Wheat is one of the most demanding and useful food crops.
Global Inflation Boom
The rate of inflation has risen dramatically all over the world economy. As the world emerged from the pandemic, it saw a rapid increase in inflation, especially over the last year. According to the 12-month percentage change in the consumer price index, the monthly inflation rate for goods and services in the U.S. increased by 8.5% in July 2022, compared to July 2021.