The Pathway to Innovation: Understanding and Embracing Cascading Risk for Technological Progress
0Guest: Trond Arne Undheim, Founder of Yegii [@Yegii_Insight] and Research Scholar in Global Systemic Risk, Innovation, and Policy at Stanford University [@Stanford].
On Linkedin | https://www.linkedin.com/in/undheim/
On Twitter | https://twitter.com/trondau
Website | https://trondundheim.com/
On Facebook| https://www.facebook.com/trond.undheim/
On Instagram | https://www.instagram.com/trondundheim/?hl=en
On YouTube | https://www.youtube.com/channel/UCI4EpjuQzb58EiawzElwvYQ
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Host: Sean Martin, Co-Founder at ITSPmagazine [@ITSPmagazine] and Host of Redefining CyberSecurity Podcast [@RedefiningCyber]
On ITSPmagazine | https://www.itspmagazine.com/itspmagazine-podcast-radio-hosts/sean-martin
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This Episode’s Sponsors
Imperva | https://itspm.ag/imperva277117988
Pentera | https://itspm.ag/penteri67a
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Episode Notes
In this thought-provoking episode of the Redefining CyberSecurity podcast, host Sean Martin is joined by futurist, Trond Arne Undheim, as they engage in a deep conversation about the intersection of technology, innovation, and risk management. Trond offers deep insights into the world of risk and the need for new paradigms to address emerging challenges.
The conversation starts with a discussion on the importance of systematic feedback and validation-driven strategies in fostering innovation. Sean and Trond highlight the positive aspects of risk information, emphasizing that it can help save resources by redirecting efforts towards more viable avenues.
Sean and Trond explore the notion of systems thinking and the challenges it presents. They explain that when we describe something as a "system," it implies that it is something we cannot fully control, but rather something we are amidst. They also touch on the concept of cascading risks, highlighting the potential dangers of multiple risks working together.
The conversation shifts to the role of organizations in managing risk. Sean and Trond acknowledge the complexity and short-term focus of many risk management approaches and express the need for new institutions (non-profit, government, etc.) and companies (commercial product/service providers, for example) to address this gap. They mention the rise of industries focused on specific risk areas, such as cybersecurity and ESG risk, and predict that more industries will emerge to provide risk management services. Sean and Trond also explore the idea that a higher level of risk can spur innovation, but caution against irresponsible risk-taking. They stress the importance of finding a balance between risk and innovation.
Join Sean and Trond for an engaging conversation rooted in philosophical discussion about the future of technology, the potential risks posed by emerging technologies like AI and bio-risks, and the impact of risk management on society. This episode of Redefining CyberSecurity Podcast helps to navigate the challenging landscape of technology and risk. We hope you enjoy it!
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Resources
Yegii | https://yegii.org/blog/
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