See things clearly
A few years ago, some of the OBASHI team were on the road, driving to an important meeting.
The driver, who shall remain anonymous, was behind schedule, so when he hit the motorway he, ‘put the foot down’.
Unbeknown to him, a speed camera system was in place on some of the gantries above the road.
So, a week later, he was rather shocked to receive a speeding penalty notice through the post. The document contained a crystal clear snapshot of…Continue
The dubious events at brokerage MF Global demonstrate yet again how vulnerable investors are in today’s data flow-reliant financial markets.
During late 2011, MF Global had been losing money on its currency market bets, and, to stay afloat, it delved into customer accounts and used customer money in attempts to cover its precarious financial position.
The attempts failed and the company had to file for bankruptcy.
According to the liquidator’s…Continue
Added by Paul Wallis on February 17, 2012 at 9:20 — No Comments
In advance of the recent Davos conference of business executives, think tanks and leading politicians, the World Economic Forum (WEF) published its “Global Risks 2012” report.
The report is a ‘call to action’ to global leaders. It seeks better coordination and collaboration of
“...public and private sector efforts to map, monitor, manage and mitigate global risks...” …
Added by Fergus Cloughley on February 10, 2012 at 3:05 — No Comments
In my last blog about data flow and the development of ‘autonomous vehicles’, I argued that,
“...while the dream of a safer, and more efficient, road transportation system is worthy, it won’t be happening on a large-scale anytime soon...
...computers aren’t yet intelligent enough to reliably make safe, on-time decisions about everyday driving…
Added by Paul Wallis on February 3, 2012 at 4:31 — No Comments