This week’s SYN-of-the-week is ENVY.
Envy is the pitfall of comparing your own commercial features to competitors’ and feeling jealous or resentful. This pressure to market leads to cutting corners in your own product such as neglecting security. The envy trap becomes more likely when a company sees existential threat from a competitor’s advancements.
Are we seeing this in today’s AI race?
Artificial intelligence, machine learning and analytics have exploded over the past years. With the release of ChatGPT https://t.ly/NkVu in November, market competitors have invested in new products, increased research and development and accelerated release cycles.
What could go wrong?
One-off stories like this one show the fallibility of AI halucination https://t.ly/4RIl . Another story shows how AI generated stories fueled a drop in the stock market https://t.ly/2L2l . The Center for AI Safety has issued a list of the top 8 risks https://www.safe.ai/ai-risk from this AI acceleration. Geoffry Hinton, Godfather of AI, has resigned his post so that he could more actively work on addressing emerging risks publicly https://t.ly/2WsF . Legislators have stepped up efforts to develop legislation to manage societal impacts from the new technology https://t.ly/zddQ_ .
This leads us to our question as professionals: what role do cyber security and data privacy have to play in this new, rapidly expanding competitive space? How can we help bring balance?
The counterbalance to envy is MINDFULNESS.
Be mindful of the myopic, driving force that envy can have. Take a step back, focus on the threat landscape. Analyze cyber security and privacy risks. Undertake and automate appropriate measures to protect yourself, your consumers, and, if this is relevant for your business, humanity.
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