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The Innovator has a great lineup of stories to usher in 2023. Our January 6 issue includes advice for leaders from former Cisco Executive Chairman John Chambers, our January 12th issue will include key highlights from the DLD tech conference in Munich and I'll be attending the World Economic Forum annual meeting as a global media leader and will present our readers the key takeaways from the annual meeting in our January 20 edition.

Stay on top of the latest business innovations and help support quality journalism. Sign up for a subscription today. To remind you, our annual plan works out to a monthly rate of €24.99+ VAT.  It will give you access to a archive of over 1000 independently reported stories  and some 200 new ones in 2023.


Wishing all of our readers a good start to the New Year,

Innovator Founder and Editor-in-Chief Jennifer L. Schenker
 
 
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 -   N E W S   I N   C O N T E X T  -

If pundits are right, there will be major developments in quantum computing and AI in 2023 and money will pour into new tech areas such as immortality-as-a-service and digitizing scent.

The year kicked off with a startling claim by Chinese researchers that they have found a way to break the most common form of online encryption using the current generation of quantum computers, years before the technology is expected to pose a threat. If true, the breakthrough in quantum computing would have significant consequences.

Read on to discover more tech predictions for 2023 and the week's most important technology news impacting business.

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There’s a lot of uncertainty around what this year has in store. In his 26th exclusive column for The Innovator, Former Cisco Executive Chairman John Chambers, who was widely considered one of the best performing U.S. CEOs during his 25+ year tenure at Cisco, says he believes that 2023 will be a year that requires much agility, with thoughtful action behind every move. 

Paying subscribers can read on to discover the four efforts that Chambers thinks leaders should make to move forward with confidence.

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 -   I N T E R V I E W  O F  T H E  W E E K  -

Mehran Sahami, Stanford University
Who: Mehran Sahami is the James and Ellenor Chesebrough Professor in the Computer Science department at Stanford University and a co-author with Rob Reich and Jeremy Weinstein of the book “System Error: Where Big Tech Went Wrong and How We Can Reboot.”  He is a scheduled speaker at the DLD 2023 conference in Munich Jan. 12-14.
 
Topic: The need to address ethics in AI.

Quote: "Ethics is about trying to do the right thing, not just what’s legally required. It is important that when we talk about AI and ethics that companies do not think of it in terms of compliance goal posts, but rather as building processes that helps ensure the socially responsible development and deployment of AI."
 
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 -  S T A R T U P  O F  T H E  W E E K  -

Cybersecurity is an ongoing challenge for large corporates and an even bigger one for small and medium sized corporates that don't have the latest cutting-edge tools and are either not insured or under-insured.  By some estimates up to 90% of SMEs have a medium to high cyber risk profile.
 
That is where Insiber.com comes in. The Amsterdam-based startup is building a cybersecurity platform that facilitates an ecosystem-wide collaboration between SMEs, cybersecurity service providers, cyber insurers, and insurance advisors. By bringing these parties together on one platform, Insiber.com can map a unique set of cybersecurity solutions and relevant insurance policies to each SME, says CEO Guido Van Nispen.

 

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 -  N U M B E R  O F  T H E  W E E K 

$14,300

Annual cost of hiring a digitalized human-like figure composed of animation, sound tech and machine learning. These digital beings, which can sing and interact on a livestream, have been popping up more and more in China’s cyberspace.

Buyers of virtual people in China include financial services companies, local tourism boards and state media, Li Shiyan, who heads Chinese tech company Baidu’s virtual people and robotics business told CNBC.

As the tech improves, costs have dropped by about 80% since last year, he said. It costs about 100,000 yuan ($14,300) a year for a three-dimensional virtual person, and 20,000 yuan for a two-dimensional one. Li said he expects the virtual person industry overall will keep growing by 50% annually through 2025.

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Innovating In Uncertain Times: Lessons From 2022
Harvard Business Review

Why We Need Global Rules To Crack Down On Cybercrime
World Economic Forum

How AI Is Improving Data Management
MITSloan Management Revie

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