
Source: The Hottest IPOs in 2019
HT: @fklivestolearn
In December 2014, I asked whether we were at the beginning of “the end of the Hadoop bubble.” I kept updating my Hadoop bubble watch (here and here) through the much-hyped IPOs of Hortonworks and Cloudera. The question was whether an open-source distributed storage technology which Google invented (and quickly replaced with better tools) could survive as a business proposition at a time when enterprises have moved rapidly to adopting the cloud and “AI”—advanced machine learning or deep learning.
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The Harvard Data Science Initiative (HDSI) and the MIT Press just launched Harvard Data Science Review (HDSR), a “premier research journal, a leading educational publication, and a popular magazine.”
The inaugural issue of HDSR includes contributions from internationally renowned scholars and educators, as well as leading researchers in industry and government, such as Christine Borgman (UCLA), Rodney Brooks (MIT), Emmanuel Candes (Stanford University), David Donoho (Stanford University), Luciano Floridi (Oxford/The Alan Turing Institute), Alan M. Garber (Harvard), Barbara J. Grosz (Harvard), Alfred Hero (University of Michigan), Sabina Leonelli (University of Exeter), Michael I. Jordan (University of California, Berkeley), Andrew Lo (MIT), Maja Matari? (University of Southern California), Brendan McCord (US Department of Defense), Nathan Sanders (Warner Media), Rebecca Willett (University of Chicago), and Jeannette Wing (Columbia University).
Sample articles in the first issue:
Featured articles on AI:
You will find more infographics at Statista
From BuzzFeed:
The recent discourse about AirPods, whether they’re good or bad, or neutral themselves but separating everyone from the physical, echoes what the original Walkman inspired. “With the advent of the Sony Walkman came the end of meeting people,” a CBS Records vice president complained to the Post. “It’s like a drug: You put the Walkman on and you blot out the rest of the world.” George F. Will defended the Walkman because it separated you from the walkabout realities of everyday life! According to an academic paper, a French interviewer asked young people “whether they are losing contact with reality,” “whether the relations between eyes and ears are changing radically,” “whether they are worried about the fate of humanity.” Allan Bloom’s argument about the decline in college education, The Closing of the American Mind, features a throw-yourself-down-the-stairs grotesque of a teenage boy, toward whom the entire world has now been oriented, wearing a Walkman.
“We have entered the age of the urban hermit,” Walter Shapiro wrote in ’82, lamenting the end of the boom box and calling the Walkman “a potent symbol of an antisocial electronic future.”


Privacy policy
It seems that no week passes by without yet another revelation of how the most successful tech companies play with our data. When your business is driven by data, you are driven to ignore possible data leaks, to question the rights of your users to their own data, and to use double-speak whenever the question of data privacy arises.
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2019 salaries of data scientists–managers (Burtch Works)
Earlier this month, Salesforce announced the acquisition of data visualization and analytics leader Tableau for $15.7 billion and Google announced the acquisition of data discovery and analytics platform Looker for $2.6 billion. Both acquired companies will beef up the acquiring companies’ Data Science as a Service (DSaaS) capabilities, providing their enterprise customers with a wide range of easy (or easier) to use tools that “democratize” data preparation, integration, analysis, and presentation.
With self-service data science, all business users that do not have statistical analysis background and don’t know how to code can make data-driven decisions, instead of relying on expensive and hard-to-find data scientists.
How expensive? The average annual base salary for an experienced data scientist in a management position is currently $257,443 according to Burtch Works.
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AI optimists drive enterprise adoption
US federal government contract obligations and AI-related investments grew almost 75% to nearly $700 million between fiscal 2016 and 2018 [Federal News Network].
85% of US CEOs and business leaders are AI optimists; 87% are investing in AI initiatives this year; 82% expect their businesses will be disrupted by AI to some extent within the next three years; 29% said AI will disrupt more than half of their business; 47% see China as the biggest obstacle to the advancement of AI in the US; 33% say employee trust is one of the greatest barriers to AI adoption [EY].
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Cannabis plant, BOL Pharma, Israel
Opening the CannaTech conference earlier this month, former Israeli prime minister Ehud Barak quipped that Israel is now the “land of milk, honey and cannabis.” Given the recent performance of the cannabis-related stocks traded on the Tel-Aviv stock exchange (Barak is Chairman of InterCure whose stock appreciated 1000% in 2018), are investors getting high on nothing more than a buzz bubble?
Behind the buzz about “marijuana millionaires,” Yuge market potential, and volatile stocks (InterCure’s stock nearly tripled earlier this year but is now 25% off its peak), is a serious 55-year-old Israeli enterprise of pioneering interdisciplinary research into the medical benefits of cannabis. Supported by a perfect climate for growing cannabis, it has led to a very supportive climate—academic, regulatory, and entrepreneurial—for developing botanical-sourced pharmaceutical-grade products. Like the rest of the world, Israel has considered cannabis (and still does) to be a “dangerous drug,” but unlike the rest of the world, it has not let the stigma deter its insatiable curiosity about cannabis’s therapeutic potential.
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By 2050, about 70% of the world’s population is expected to live in cities. Using the Internet of Things, analyzing lots of data, putting more services online—all herald the digital transformation of cities. Becoming digital, however, means a new life in the cybersecurity trenches.
There is no place like Israel to teach local government leaders how to make their cities and citizens cybersecurity resilient. Welcoming attendees from 80 countries to the Muni World 2018 event in Tel-Aviv, Eli Cohen, Israel’s minister of economy and industry, highlighted the fact that the country represents 10% of the global investment in cybersecurity. And it shares its expertise with others, including alerting 30 countries to pending cyber or terrorist attacks, Cohen said. (I was attending the event as a guest of Vibe Israel).
Cybersecurity is a prerequisite for the smart city, argued Gadi Mergi, CTO at Israel’s National Cyber Directorate. That means pursuing security, privacy and high-availability (having a cyberattack recovery plan, backup facility, cloud management, and manual overrides) by design. As other presenters discussed at the event (see the list of presenters below), smart cities must adjust and adapt to the requirements of the new cybersecurity landscape, characterized by:
The expansion of the attack surface with the introduction of new points of potential vulnerability such as connected and self-driving cars, and the Internet of Things (71% of local governments say IoT saves them money but 86% say they have already experienced an IoT-related security breach);
A wider range of attacker motivations, including ransomware (it was the motivation behind 50% of attacks in the US in 2017, with ransom payments totaling more than $1 billion) and hactivism (drawing attention to a specific cause, adding cultural and political dimensions to cyberattacks);
Increased consumer concern about personal data privacy and loss (30% of customers will take action following a data breach—demand compensation, sue or quit their relationship with the vendor);
Not enough people with the right expertise and experience (the much talked-about cybersecurity skill shortage is exacerbated in municipalities which find it hard to compete for scarce talent with organizations with much deeper pockets; this challenge becomes even more severe with the introduction of new approaches to cybersecurity involving new tools based on machine learning and artificial intelligence);
Insisting on fast time-to-everything (Agile is not agile enough) results in reduced quality of cybersecurity applications.
What’s to be done about meeting these challenges? Here’s a short list of priorities for leaders of smart cities worldwide, based on the presentations at Muni World:
Prepare for the worst—develop a protection strategy and emergency plans, and get outside experts to help;
Practice—training and testing and more training and testing and simulations;
Automate—implement a continuous adaptive protection, automate the process of detection and response, apply algorithms liberally, including AI and machine learning–based solutions;
Upgrade—keep up with attackers’ new methods and tools, improve the state of hardware and software including leveraging the cloud and big data analytics and invest in elevating the skill level of the people responsible for cybersecurity defense;
Share—raise public awareness, disclose your experiences, and exchange information with other local governments;
Separate and disinfect—insert a virtual layer between the internal network and the internet, allowing only for sending commands and showing display windows, and make downloadable files harmless by deleting areas where programs may exist or transform them into safe data, regardless if they are malicious or not.
In addition to Eli Cohen and Gadi Mergi, other presenters at Muni World included Jonathan Reichental, CIO, City of Palo Alto, California; Roy Zisapel, co-founder and CEO, Radware; Menny Barzilay, Co-founder and CEO, FortyTwo Global; Morten Illum, EMEA VP, Aruba/HPE; Takahiko Makino, City of Yokohama, Japan; Yosi Schneck, Senior VP, Israel Electric Corporation; and Sanaz Yashar, Senior Analyst, FireEye.
Tamir Pardo, the former Director of the Mossad (Israel’s national intelligence agency), also spoke at the event, comparing the cyber threat to “a soft and silent nuclear weapon.” There is no way to stop a penetration, he said, and there will never be a steady state for cyber security.
Meaning life in the cybersecurity trenches, for local governments and all other organizations, will continue to get very interesting. To quote FireEye’s Sanaz Yashar (who quoted President Eisenhower), “plans are nothing; planning is everything.”