The last ones were days of increasing tensions between the two biggest economic superpowers, the USA and China. The geopolitical crescendo seems to become always more intense, and the two giants are trying to build up two strong alignments against one another in a competition that Bloomberg defines a “Cold War 2.0.” or a “Tech War”. The implementation of 5G technologies plays a fundamental role in this “rush to the infrastructures” also due to their linkages with the “High-Frequency Trading” world; the sector of contemporary finance based on always faster algorithms and huge Data Centres that require strong software and the analysis of tons and tons of information to predict stocks fluctuations hence “to do God’s work” as Lloyd Blankfein (the actual Senior Chairman of Goldman Sachs) said in 2009 .
In the article “Digital Cold War” Marc Champion describes his strongly polarized vision of the global scenario in which the conflict would take place like two technological ecospheres; with half of the world where people are carried around by driverless cars created by Baidu using Huawei 5G’s, chatting and paying with WeChat and buying on Alibaba with an internet connection strictly controlled and limited by the Great Firewall; while on the other part of the world people with a less controlled internet connection buy on Amazon and use other dominating companies e.g. Google, Tesla, Ericsson, and Facebook. The latter presented scenario is always more tangible, indeed it is enough to consider that the People’s Republic of China has equipped itself with an alternative system to the GPS (the instrument that following the theory of the PRC caused the downfall of two Chinese missiles sent during the conflict with Formosa), created by Baidu on the 23rd July 2020.
The presentation of scenarios in which the 5G plays a crucial role makes it necessary to give a closer look at what 5G technologies technically are. 5G (Fifth-generation) stands for the next major phase of mobile telecommunications standards beyond the 4G/IMT Advanced standards. Since the first generation, that was introduced in 1982, it is observable a remarkable growth of cellular communication of about 40% per year; these issues led mobile service providers to research new technologies and improved services, basing on the evidence that wireless communication networks have become much more pervasive. Therefore, aiming to fulfill the growing need of human being, 5G will be the network for millions of devices and not just for smartphones, hence it grants connectivity between sensors, vehicles, robots and drones; and it provides data speed up to 1 to 10 Gbps, and a faster connection for more people in a km2, thus the creation of smart cities.
It is now more evident that the implementation of the fifth-generation technologies offers strategic slides of power and control to the companies, and the linked geopolitical actors, that manage the infrastructures and the network band. Therefore, 5G technologies play a crucial geopolitical role, being inter alia fundamental for strategic sectors, such as the high-frequency trading (that we are going to discuss later), that sustain and orientate the world’s economy. This rush to the infrastructure, hence to the technological supremacy led to a crescendo of reprisals among the world’s most influential countries. If we give a closer look at the relations between the USA and China, the last years were characterized by increasing tensions, in the commercial relations, in military ones linked to the Indo-Pacific area and the Xinjiang, and lastly, tensions concerning the approach to face the COVID-19 threat. USA and China, as Kishore Mahbubani says seems no longer partners either in business; but to fully understand the actual situation in terms of 5G the concrete measures and imposed bans are going to be presented. The fact that Chinese companies, in particular Huawei and ZTE, began focusing on acquiring a lead in 5G intellectual property well before their global competitors (with an expense, indicated in their annual report, of about $600 million between 2009 and 2013; and a planned one of about $800 million in 2019), being now leading ones in the implementation of the technology, led the US to be more consternated about their national security and global influence. Therefore, in the geopolitical logic of 5G, the US keep acting to opt against China as a country that “exploit data”, indeed Mike Pompeo in an interview in 2019 said “We can’t forget these systems were designed by- with the express (desire to) work alongside the Chinese PLS, their military in China”; while on the other side China has responded with a campaign that blends propaganda, persuasion, and incentives with threats and economic coercion, offering massive investments plans, aiming to reach the now well known “Belt and Road Initiative”. The Trump administration effectively banned executive agencies from using or procuring Huawei and ZTE telecommunication equipment with the National Defense Authorization Act signed in 2018, a ban that was challenged by Huawei in the court and obtained a favourable verdict; a ban that was later re-proposed in May 2019 with an executive order; that was followed by the US Commerce Department placing Huawei and 68 affiliates on an Entity List, a document that conditions the sale or transfer of American technology to that entities unless they have a special license; however the latter restrictions were imposed just for 90 days after the failure of the 11th round of trade talks between China and the US. Canada is another country with deteriorated relations with Beijing, after the arrest of Meng, who was extradited from the US territory. Furthermore, in recent days, as revealed by The Wall Street Journal, the UK announced that is going to ban Huawei 5G technologies from 2027, following the US imposition, and Beijing responded considering a possible ban on Chinese elements for the Finnish Nokia and the Swedish Ericsson. While the European Union keeps struggling to face the situation as a Union, and political reprisals between these two States occur e.g. the closure of the Chinese consulates in Huston and San Francisco and the closure of the US’ one in Chengdu; in a geopolitical context, the US are trying to build a strong anti-Chinese alignment in the Indo-Pacific area, with the support of countries like the Philippines, Singapore, Taiwan, South Korea, Japan, Australia, and New Zealand; also following the logic that in a strategic scenario the geopolitical actors, between two competitors States tends to choose the side of the farthest one. Another actor that could tip the balance in this global scenario is India; that following a government study of August 2018 could hit the national income of about $1 trillion by 2035 with the implementation of 5G technologies, improving the governance capacity, and enabling healthcare delivery, energy grid management and urban planning. However, high levels of automation and dependence on a communication network, if it would follow the investment plan proposed by Huawei (but also an extreme inclination to the US), could bring security threats and lack of supremacy, hence “voice” in a global scenario.
After having analysed the geopolitical patterns of 5G implementation, it is time to analyse a strategic sector linked to the fifth-generation technologies, which is the “engine” of the World’s economy, the finance. There are some milestones that have made national markets global ones; within what is called the “rebellion of the machines” that led the financial world to be totally based on algorithms hence on speed. The first one was the introduction of the Telegraph, introduced in 1848, and that both with the new Galena and Chicago Railroad promoted the born of the Chicago Board of Trade. The telegraph carried anthropological changes hence it was fundamental for the division between the price and the goods; and it seems to have carried with itself big changes in the finance world, the same thing 5G will do in our scenario. Among all the events that led to the second phase of the “rebellion” there is what happened in 2000, when after merging with other European markets, thanks to SuperCAC, the Paris stock exchange took the name EURONEXT. Later in 2007, the second phase of the rebellion took place in an increasingly globalized scenario; where the tech was already part of the finance, and there were a lot of digitalized platforms to trade-in. Therefore, following the development of the digital world The Chicago Mercantile Exchange created his own platform Globex, which in 2007 merged with the CBOT’s one Aurora that was based on a weak band network of about 19,2 kb. The banks created black boxes so dark that it would not allow them to be in control anymore; a very different situation from the conditions established by the Buttonwood agreement of 1792, the act at the basis of the birth of the second world market after that of Philadelphia which provided for the sale of securities between traders without going through intermediaries. Subsequently, the steps that favoured the rise of trading platforms, the development of adaptive algorithms based on the laws of physics and, mathematics and biology, were multiple, which therefore led to the development of what is called phynanza. In the 2000s the most influential banking groups, Goldman Sachs, Crédit Suisse, BNP Paribas, Barclays, Deutsche Bank, Morgan Stanley, Citigroup, through a strong deregulation and lobbying activities have directed the markets towards their deeper turning point; in an era in which the headquarters of the stock exchanges are not physical and the core bodies of the exchange markets are in the suburbs where large spaces and the technological infrastructures of network and data transmissions allow the creation of huge data centers, where powerful software, cooling systems and adaptive algorithms give life to the daily oscillations of global finance. Algorithms like Iceberg, that splits a large volume of orders into small portions, so that the entirety of the initial volume escapes the “nose of the hounds”; or Shark that identifies orders shipped in small quantities to glimpse the big order that Is hiding behind; or Dagger, a Citibank algorithm launched in 2012 that like Stealth, Deutsche Bank’s algorithm, is looking for more liquid values, and also Sumo of Knight Capital, a high frequency trading company that alone trades an amount of about $ 20 billion a day; and there are many others, from Sonar, Aqua, Ninja and Guerrilla.
It is clear that to support such an articulated financial apparatus it is necessary to connect and analyze data with microsecond accuracy. Therefore, another example of 5G geostrategy in finance is Coriolis 2, an oceanographic ship created in 2010 by Seaforth Geosurveys that offers maritime engineering solutions. Notably, among their clients there is Hibernia Atlantic; an underwater communication network, that connects North America to Europe, created in 2000 at a cost of 1 billion. The New Jersey office manufactures transatlantic cables that rent to telecommunications companies like Google and Facebook, obviously not to improve the circulation of stupid comments on social networks. The ship is preparing the construction of “dark fiber” cables, and the technical management and the end-use are by Hibernia who may not share the band with anyone. The peculiar thing is that who ordered the cable, Hibernia, was created specifically for financial market operators and it is part of the Global Financial Network (GFN), which manages 24.000Km of optical fiber that connects more than 120 markets. This new fiber at the cost of 300 million, will allow to gain 6 milliseconds, a time that a USA-UE investment fund can use to earn £100 million dollars more per year. The transmission networks are fundamental in guaranteeing trading and in high frequency and the motto has changed from “time is money” to “speed is money”.
 Laumonier A., 2018. 6/5, Not, Nero collection, Roma.
 Kewalramani M., Kanisetti A. 5G, Huawei & Geopolitics: An Indian Roadmap. 2019, Takshashila institution; Discussion document.
From our partner International Affairs
Iran among five pioneers of nanotechnology
Prioritizing nanotechnology in Iran has led to this country’s steady placement among the five pioneers of the nanotechnology field in recent years, and approximately 20 percent of all articles provided by Iranian researchers in 2020 are relative to this area of technology.
Iran has been introduced as the 4th leading country in the world in the field of nanotechnology, publishing 11,546 scientific articles in 2020.
The country held a 6 percent share of the world’s total nanotechnology articles, according to StatNano’s monthly evaluation accomplished in WoS databases.
There are 227 companies in Iran registered in the WoS databases, manufacturing 419 products, mainly in the fields of construction, textile, medicine, home appliances, automotive, and food.
According to the data, 31 Iranian universities and research centers published more than 50 nano-articles in the last year.
In line with China’s trend in the past few years, this country is placed in the first stage with 78,000 nano-articles (more than 40 percent of all nano-articles in 2020), and the U.S. is at the next stage with 24,425 papers. These countries have published nearly half of the whole world’s nano-articles.
In the following, India with 9 percent, Iran with 6 percent, and South Korea and Germany with 5 percent are the other head publishers, respectively.
Almost 9 percent of the whole scientific publications of 2020, indexed in the Web of Science database, have been relevant to nanotechnology.
There have been 191,304 nano-articles indexed in WoS that had to have a 9 percent growth compared to last year. The mentioned articles are 8.8 percent of the whole produced papers in 2020.
Iran ranked 43rd among the 100 most vibrant clusters of science and technology (S&T) worldwide for the third consecutive year, according to the Global Innovation Index (GII) 2020 report.
The country experienced a three-level improvement compared to 2019.
Iran’s share of the world’s top scientific articles is 3 percent, Gholam Hossein Rahimi She’erbaf, the deputy science minister, has announced.
The country’s share in the whole publications worldwide is 2 percent, he noted, highlighting, for the first three consecutive years, Iran has been ranked first in terms of quantity and quality of articles among Islamic countries.
Sourena Sattari, vice president for science and technology has said that Iran is playing the leading role in the region in the fields of fintech, ICT, stem cell, aerospace, and is unrivaled in artificial intelligence.
From our partner Tehran Times
Free And Equal Internet Access As A Human Right
Having internet access in a free and equal way is very important in contemporary world. Today, there are more than 4 billion people who are using internet all around the world. Internet has become a very important medium by which the right to freedom of speech and the right to reach information can be exercised. Internet has a central tool in commerce, education and culture.
Providing solutions to develop effective policies for both internet safety and equal Internet access must be the first priority of governments. The Internet offers individuals power to seek and impart information thus states and organizations like UN have important roles in promoting and protecting Internet safety. States and international organizations play a key role to ensure free and equal Internet access.
The concept of “network neutrality” is significant while analyzing equal access to Internet and state policies regulating it. Network Neutrality (NN) can be defined as the rule meaning all electronic communications and platforms should be exercised in a non-discriminatory way regardless of their type, content or origin. The importance of NN has been evident in COVID-19 pandemic when millions of students in underdeveloped regions got victimized due to the lack of access to online education.
Article 19/2 of the International Covenant on Civil and Political Rights notes the following:
“Everyone shall have the right to freedom of expression; this right shall include freedom to seek, receive and impart information and ideas of all kinds, regardless of frontiers either orally, in writing or in print, in the form of art, or through any other media of his choice.”
Internet access and network neutrality directly affect human rights. The lack of NN undermines human rights and causes basic human right violations like violating freedom of speech and freedom to reach information. There must be effective policies to pursue NN. Both nation-states and international organizations have important roles in making Internet free, safe and equally reachable for the people worldwide. States should take steps for promoting equal opportunities, including gender equality, in the design and implementation of information and technology. The governments should create and maintain, in law and in practice, a safe and enabling online environment in accordance with human rights.
It is known that, the whole world has a reliance on internet that makes it easy to fullﬁll basic civil tasks but this is also threatened by increasing personal and societal cyber security threats. In this regard, states must fulfill their commitment to develop effective policies to attain universal access to the Internet in a safe way.
As final remarks, it can be said that, Internet access should be free and equal for everyone. Creating effective tools to attain universal access to the Internet cannot be done only by states themselves. Actors like UN and EU have a major role in this process as well.
Future Energy Systems Need Clear AI Boundaries
Today, almost 60% of people worldwide have access to the Internet via an ever-increasing number of electronic devices. And as Internet usage grows, so does data generation.
Data keeps growing at unprecedented rates, increasingly exceeding the abilities of any human being to analyse it and discover its underlying structures.
Yet data is knowledge. This is where artificial intelligence (AI) comes in. Today’s high-speed computing systems can “learn” from experience and, thus, effectively replicate human decision-making.
Besides holding its own among global chess champions, AI aids in converting unstructured data into actionable knowledge. At the same time, it enables the creation of even more insightful AI – a win-win for all. However, this doesn’t happen without challenges along the way.
Commercial uses of AI have expanded steadily in recent years across finance, healthcare, education and other sectors. Now, with COVID-19 lockdowns and travel restrictions, many countries have turned to innovative technologies to halt the spread of the virus.
The pandemic, therefore, has further accelerated the global AI expansion trend.
Energy systems need AI, too.
Rapidly evolving smart technology is helping to make power generation and distribution more efficient and sustainable. AI and the Big Data that drives it have become an absolute necessity. Beyond just facilitating and optimising, these are now the basic tools for fast, smart decision making.
With the accelerating shift to renewable power sources, AI can help to reduce operating costs and boost efficiency. Crucially, AI-driven “smart grids” can manage variable supply, helping to maximise the use of solar and wind power.
Read more in IRENA’s Innovation Toolbox.
Risks must be managed to maximise the benefits.
AI usage in the energy sector faces expertise-related and financial constraints.
Decision makers, lacking specialised knowledge, struggle to appreciate the wide-ranging benefits of smart system management. In this respect, energy leaders have proven more conservative than those in other sectors, such as healthcare.
Meanwhile, installing powerful AI tools without prior experience brings considerable risks. Data loss, poor customisation, system failures, unauthorised access – all these errors can bring enormous costs.
Yet like it or not, interconnected devices are on the rise.
What does this all mean for the average consumer?
Smart phones, smart meters and smart plugs, connected thermostats, boilers and smart charging stations have become familiar, everyday items. Together, such devices can form the modern “smart home”, ideally powered by rooftop solar panels.
AI can help all of us, the world’s energy consumers, become prosumers, producing and storing our own energy and interacting actively with the wider market. Our data-driven devices, in turn, will spawn more data, which helps to scale up renewables and maximise system efficiency.
But home data collection raises privacy concerns. Consumers must be clearly informed about how their data is used, and by whom. Data security must be guaranteed. Consumer privacy regulations must be defined and followed, with cybersecurity protocols in place to prevent data theft.
Is the future of AI applications in energy bright?
Indeed, the outlook is glowing, but only if policy makers and societies strike the right balance between innovation and risk to ensure a healthy, smart and sustainable future.
Much about AI remains to be learned. As its use inevitably expands in the energy sector, it cannot be allowed to work for the benefit of only a few. Clear strategies need to be put in place to manage the AI use for the good of all.
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