In 2019 it’s all about data – a small, rather dull word for something that is profoundly changing the world we live in.
New technologies, from voice-controlled speakers to “internet of things” (IoT) sensors, connected cars to fitness wearables, are vastly increasing the amount of digital data we produce.
And artificial intelligence (AI), machine learning and cloud computing are transforming the way we store, analyse and apply it – according to a BBC survey.
“In 2019 smart sensors will start to be found everywhere, automating data collection to satisfy the voracious appetite of AI,” says Tim Harper, a former European Space Centre engineer and now founder of G2O Water Technologies.
AI could be a powerful force for good, improving healthcare and combating climate change, for example. But it also presents many dangers – to democracy, to financial markets, to the belief in objective truth.
Data in the wrong hands, used in the wrong way, could even threaten world peace, some commentators warn.
“Deepfakes” – manipulated digital videos that overlay another person’s face onto a body or change what people actually said – pose a growing threat, argues Katja Bego, data scientist at innovation foundation, Nesta.
“2019 will be the year that a malicious ‘deepfake’ video sparks a geopolitical incident,” she predicts.
“Though deepfakes are still a relatively new technology, they are evolving incredibly fast, making it harder and harder for the naked eye – or even digital forensics tools – to identify them. At the same time, they are also becoming ever easier and cheaper to create.”
She envisages a nightmare scenario in which a world leader could appear to declare war or spread damaging propaganda, with potentially devastating results.
As fake news stories – often state-sponsored – continue to flood social media and China’s Xinhua News Agency launches its first AI-created newsreaders, the lines between the fake and the real are becoming increasingly blurred.
If we cannot trust what we see or hear any more, is this “the end of truth as we know it?” asks Ms Bego.
Andrew Tsonchev, director of technology at cyber security company Darktrace Industrial, believes the internet’s openness and lack of accountability – qualities its founders cherished – play into the hands of those with malicious intent.
“Ultimately, manipulating the public discourse might prove to be a greater cyber-risk than the hacking of our devices,” he says.
“Controlling data may soon become more important than stealing it.”
Cybersecurity companies are notorious for scaring us witless in the drive to sell more of their products. But that doesn’t mean their warnings are worthless.
And AI in the hands of criminal or state-sponsored hackers is certainly worth worrying about.
“2019 will see the first AI-orchestrated attack take down a FTSE 100 company,” predicts Jason Hart, chief technology officer, data protection, at security firm Gemalto.
“A new breed of AI-powered malware will infect an organisation’s systems, sit undetected gathering information, adapt to its surroundings, and unleash a series of bespoke attacks targeted to take down a company from the inside out.”
AI will be needed to fight AI, many believe, particularly as the IoT vastly increases the number of potential weak points in this burgeoning network of connected devices.
Greg Day from Palo Alto Networks says: “AI on AI cyber-battles will begin. Cybersecurity will be a machine versus machine fight with humans alongside to help and adjudicate.
“While cybersecurity will look for new ways to spot adversaries and threats with AI, adversaries will use AI themselves and increasingly look to subvert machine learning and AI.”
This will ramp up the stakes even further.
“We’ll see the first example of a scaled-up mass IoT attack affecting critical infrastructure,” predicts Darren Thomson, chief technology officer at cybersecurity firm Symantec.
Consumers take back control of data
In the wake of last year’s Facebook-Cambridge Analytica scandal, which resulted in a maximum £500,000 fine for Facebook imposed by the UK’s Information Commissioner’s Office, how big companies use and abuse our data has been under much greater scrutiny.
As firms scramble to get their data privacy policies up to scratch now that the European Union’s General Data Protection Regulation is in force, “2019 will be the year of GDPR fines”, says Harrison Van Riper, a senior analyst at cybersecurity firm Digital Shadows.
Some commentators are predicting a consumer fightback.
“In 2019, I expect that consumers will start to reclaim control of their data and monetise it,” says Phil Beckett, managing director of disputes and investigations at management consultancy Alvarez and Marsal.
Systems are being developed to allow us to control our health, financial, social, and entertainment data effectively, argues Paul Winstanley, chief executive of Censis, a centre of excellence for sensing and imaging systems.
“It is then an individual’s choice whether they want to share that data with a third party, or not.”
As consumer trust has been “severely dented”, argues Mark Curtis, co-founder at design consultancy Fjord, firms will increasingly adopt a “data minimalism” approach, only asking for data they really need.
“They will have to clearly show the payback for users sharing their data, drawing a straight line from the act of sharing to receiving relevant products and services in return,” he says.
All this consumer data, analysed by AI, will at least enable firms to personalise their services, argues Nigel Vaz, international chief executive of digital transformation agency Publicis.Sapient.
But rebuilding trust will be key, and this means consumers understanding how and why their data is being used, believes Ojas Rege, chief strategy officer at MobileIron, a mobile security company.
“Without transparency, there is no trust. Without trust, there is no data. Without data, there is no AI,” he concludes.
The post AI, IoT and Data Control: Major tech trends of 2019 appeared first on Payments Cards & Mobile.