The technology sector runs the gamut from artificial intelligence (AI), the Internet of Things (IoT) to SaaS companies or cybersecurity, and from the biggest household names to the smallest companies being operated out of garages. The rise of AI and traps for the unwary were previously covered here. Risks of investing in SaaS Solutions
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The Evolving World of AI
Artificial intelligence (AI) refers to the ability of a computer or a computer-enabled robotic system to process information and produce outcomes in a manner similar to the thought processes of humans in learning, decision making and problem solving. As a result of rapid advances in AI, pre-pandemic, McKinsey Global Institute estimated that between 75 and…
Cyberattacks—Are You Ready?
Recent cyber-attacks hurt individuals and investors on a regular basis. Recent attacks have cost hundreds of millions of dollars. Firms that have dismissed the dangers are increasingly at risk of regulatory action. New European laws will likely increase fines for non-compliance with cyber-security standards. New York’s financial regulator recently enacted new cyber-security rules in August.…