SNS: At War, Part II
 
 
SNS Subscriber Edition • Volume 24, Issue 26 • Week of August 19, 2019

 THE STRATEGIC NEWS SERVICE ©
GLOBAL REPORT ON
TECHNOLOGY AND
THE ECONOMY

at war
part ii
 


 
 
 
 
 

SNS: At War, Part II


In This Issue
Week of 8/19/2019 Vol. 24 Issue 26

_______

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On Our Agenda

ANTICIPATING THE UNEXPECTED

FiRe 2019 is all about helping you anticipate pivots, trends, and tipping points in an increasingly volatile and unexpected world.

How will the future of genetics and the climate crisis impact the global economy and the future of your business? How and when will general AI evolve? And what's the real story about the future of 5G? You'll find all of this - and more - at FiRe 2019, including:

NASA ISS Design Competition 2019 World Champions

o   Dan Garner, Coach of Friday Harbor (WA) High School Aerospace Design Team

o   Student Members, Friday Harbor H.S. Aerospace Design Team

The Genetically Altered Future

o   George Church, Robert Winthrop Professor of Genetics, Harvard Medical School

Why IT Isn't Ready For IoT

o   Greg Ness, Founder, CMO, Tempered Networks

o   Anne Hardy, CSO, Join Digital Inc.

o   Derek Harp, CEO, Control System Cyber Security Assoc. Int'l.

o   Steve Fey, CEO, Totem Building Cybersecurity

Humanizing the Machine: How to Optimize AI for the Common Good

o   Bill Hilf, CEO, Vulcan Inc.

Revolutionizing Encryption

o   Marcus Sachs, CSO, Pattern Computer Inc.

o   Joseph Hopkins, COO, Crown Sterling

Learn more about FiRe 2019 and see the latest agenda here.

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Interested in having a presence for your company at FiRe? Remaining
partnership opportunities for FiRe 2019 Contact
SNS Director of Programs Berit Anderson at berit@stratnews.com to learn more.  

 

FiRe 2019 Speaker Spotlight:
Anne Hardy
on IoT Security

Securing the Internet of Things is a herculean job. There are millions of connected endpoints, each of which can be used to access a network. Even if the security of a system is technically perfect, human error often creates vulnerabilities that can't be foreseen or prepared for. Luckily, Anne Hardy, chief security officer at Join Digital, is competitive by nature.

A gymnast-turned-ultra-marathoner, Anne has had a long career in data and platform security, working for more than 10 years at SAP as director of Security and Trust Research, VP of Platform Research, and VP of Developer Advocacy. Post-SAP, she went on to found Workrise, a machine-learning platform to measure employee experience. Anne is no stranger to the infinite possible points of security failure in the world of connected devices.

At Join Digital, her team supplies commercial building owners and their tenants with a network and communication platform to enable and track heating, cooling, security cameras, keyless entry, and other connected services. Unlike some other IoT security companies, Join Digital builds and deploys its own hardware and software, severely reducing the security risks that arise from patching together a web of third-party sensors and software.

We're delighted to be welcoming Anne to the stage at Future in Review 2019 for "Why IT Isn't Ready for IoT," a conversation about the future of IoT security.

Learn more about FiRe 2019, see Participant bios, and register here.

Register by September 5 to receive
3 complimentary nights at The Lodge at Torrey Pines

(Does not apply to discounted tickets)

 

 



At War

Part II

 

"The supreme art of war is to subdue the enemy without fighting." Sun Tzu (545 BC-470 BC)

 

Introduction

Last week, in Part I, we provided the opening discussion of why we believe China is already fully engaged in a state of war with the US, its other trading partners, and, specifically, "inventing nations." In Part II, we'll provide charts, images, and other supporting data to help SNS members understand the breadth and depth of China's efforts in asymmetric warfare.

For those who have yet to read Part I, we suggest starting there before proceeding.

As we were going into print last week, investors will know that the US and the UK both - at least temporarily - experienced inverted yield curves for the 2-year and 10-year bonds. This has not happened since 2007, and generally correlates with recession, which spooked Wall Street.

To simplify matters: what this really indicates is a sudden surge in international buying interest in long-term bonds.

We thought it worth a few paragraphs to address this issue.

Pundits interviewed in the aftermath of the resulting market selloff - including such well-known experts as Nobelist Paul Krugman - offered the following causes for the equity market selloff and the bond buying:

1.     The "trade war" between the US and China is slowing down the global economy;

2.     This trade war is causing a slowdown in the Chinese economy; and

3.     Also a slowdown in the German economy.

Many SNS members understand that the pundits and media have missed the most important story in recent economic history, and in the process have gotten the reverse of the real story in the above reasoning.

First, we'll make a strong statement: Wall Street patterns that are based on global finance prior to China's rise should not be expected to be identical to post-rise patterns. After all, China's dictatorship-directed InfoMerc model is anything but free-market, and has global effects.

Now, let's flip the above thinking. Here's an interesting quiz:

Q: If the US tariffs were actually doing what is intended - i.e., bringing economic punishment to China in an attempt to get it to change its national business model - what would we see?

A (choose one):

1.     A slowdown in China;

2.     A slowdown in countries such as Germany, an export-driven country that has put all its bets on China;

3.     Celebrations in the White House;

4.     All of the above.

Of course, the answer is No. 4. This is, in fact, what success looks like, albeit only halfway achieved.

But here there is a word of caution that needs to be shared. Let's look at the two most obvious likely scenarios currently in front of us:



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