Library
-
Technology at Work v4.0
Navigating Work in an Era of Technological Change When Citi and the Oxford Martin School co-wrote the first Technology at Work Citi GPS report in 2015 it highlighted how technology, including automation, robotics, digitization and AI, was sweeping through many industries, but with it came a growing risk to jobs — Carl Benedikt Frey and...
Technology & Innovation -
Video Games: Cloud Invaders
Bracing for the Netflix-ization of Gaming Game choices moved quickly after that – Tetris on my Macintosh Plus, Donkey Kong on my Nintendo DS, Brickbreaker on my Blackberry, and now Candy Crush on my iPhone. The common constraint through the years was that the games I played continued to be dependent on the device I...
Technology & Innovation -
Managing Cyber Risk with Human Intelligence
A Practical Approach Sadly, as with most things in life, technology isn’t always as good as it seems. For all the same reasons the technology is a positive – the interconnectedness, the shared environment, the increased speed and efficiency – it is also a negative. Specifically, technology can be used as a tool for criminal...
Soundness & Security -
Shifting Political Risk & Prospects for Global Soft Landing
The four global recessions since 1961 have been triggered either by adverse supply shocks (both triggered by geopolitical upheaval prompting an oil price spike), or by financial implosions. Although there are risks of a significant oil price hike, or a sustained and/or intensified trade war that would lead to global financial implosion, we do not...
Global Growth -
Bank X
The New New Banks During the Great Financial Crisis, legacy banks turned their focus to cost and capital optimization to help drive profitability amid a backdrop of slowing revenue growth. New regulations and changing business practices meant that technology investment was diverted towards regulatory and compliance challenges. While this was happening, smaller ‘challenger banks’ began...
Technology & Innovation -
Modern Monetary Theory (MMT)
A sovereign nation with its own fiat currency, its public debt denominated in its own currency and a floating exchange rate cannot go broke. The only limit on public spending is inflation, and this is not a binding constraint for the U.S. In some versions of the MMT, the price level is set by the...
Global Growth