The World cannot wait for the fog of geopolitical and geo-economics uncertainty to lift. Opting to ride out the current period in the hope that the global system will snap back runs the risk of missing crucial windows to address pressing challenges. On key issues such as the economy, the environment, technology, and public health, stakeholders must find ways to act quickly and with purpose within an unsettled global landscape.
What we do mean for an unsettled world? Powerful economics, demographic, and technological forces are shaping a new balance of power.
The result is an unsettled geopolitical landscape, one which states are increasingly viewing opportunities and challenges through unilateral lenses.
What were once givens regarding alliance structures and multilateral systems no longer holds as states question the value of long-standing frameworks, adopt more nationalist postures in pursuit of individual agendas, and weight the potential geopolitical consequences of economic decoupling.
Beyond the risk of conflict, if stakeholders concentrate on immediate geostrategic advantage and fail to re-imagine or adapt mechanism for coordination during this unsettled period, opportunities for action on key priorities may slip away.
Since there are many parameters that need to be considered on a Global Schematics, what we believe we need to address as being technology a factor important on the high impact and the likelihood of occurring that will affect the rest of the areas.
In general, we are presenting the evolving risk landscape from 2007 – 2020 and how is been analyzing globally.
The focus on the last two years (2018 and 2019 ) highly emphasizes on technology as cybersecurity and the impact, the way we redefined it as per new statistics is that those trends replace the original environmental issue and others such as current pandemic that are a direct effect on the growth of at least on 400% of cybersecurity attacks which is a direct impact to those Business and individuals.
Exploring those projections and the impact and likelihood of the technology, we can show it below circle in RED, as Information Infrastructure Breakdown and Cyber attacks.
Into more details we can see on the graph that the major concerns in likelihood and impact on the higher quadrant are:
2- Data Fraud or Theft.
3- Information Infrastructure breakdown.
4- Adverse technological advances.
In the consequences of digital fragmentation, more than 50% of the world’s population is now online, approximately one million people go online for the first time each day, and 2/3 of the global population owns a mobile device. While digital technology is bringing tremendous economic and social benefits to much of the global population, issues such as unequal access to the internet, the lack of a global governance framework, and cyber insecurity all pose significant risks.
Geopolitical and geo-economic uncertainty, including the possibility of fragmented cyberspace, also threatens to prevent the full potential of next-generation technologies from being realized.
In that regard, the way we do business today won’t be the norm anymore; Business needs to think and incorporate a Risk Assessment plan compose of all the variables on it.
What we can forecast happening is:
1- Technology will play a higher role in how we conduct Business and Personal activities.
2- Companies will re-evaluate the current outsourcing services due to a lack of technology for remote workers outside their countries.
3- Companies will re-evaluate the utilization of offices and rearrange to new concepts of office space.
4- Services will transform into a more digital online transaction that ever with more innovation as IoT and AI in all sectors.
5- A Higher breach among technologically advanced countries will occur among the less infrastructure prepare to react to a new reality.
6- A general social transformation changes among individuals would outcome towards education, earth environment, social interaction, health, politics, and the impact over the Government interaction will shift power to the people.