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Modeling for Dynamic Risks and Uncertainties (1) : Mapping Risk and Uncertainty

(This article is a fully updated version of the original article published in November 2011 under the title “Creating a Foresight and Warning Model: Mapping a Dynamic Network (I)”). Mapping risk and uncertainty is the second step of a proper process to correctly anticipate and manage risks and uncertainties.  This stage starts with building a model, which, once completed, will describe and explain the issue or question at hand, while allowing for anticipation or foresight. In other words, with the end of the first step, you have selected a risk, an uncertainty, or a series of risks and uncertainties, or an issue of concern, with its proper time frame and scope, for example, what are the risks and uncertainties to …

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Revisiting Timeliness for Strategic Foresight and Warning and Risk Management

[Fully rewritten version v3] To exist, risk and foresight products as well as warnings must be delivered to those who must act upon them, the customers, clients or users. These anticipation analyses must also be actionable, which means that they need to include the right information necessary to see action taken. Yet, if you deliver …

Intelligence, Strategic Foresight and Warning, Risk Management, Forecasting or Futurism?

This article defines and briefly explains the various names and labels given to activities and practices anticipating or foreseeing the future. Indeed, from risk management to Strategic Foresight and Warning (SF&W) the field of anticipation includes many perspectives and practices centred on different themes. Meanwhile, various actors use different names for SF&W, or very similar approaches. It is thus important to clarify what various labels and names mean, even if borders between categories are often fuzzy.

High Performance Computing Race and Power – Artificial Intelligence, Computing Power and Geopolitics (3)

This article explores three major challenges actors face when defining and carrying out their policies and answers in terms of high performance computing power (HPC) and artificial intelligence (AI), considering the political and geopolitical consequences of the feedback relationship linking AI in its Deep Learning component and computing power – hardware – or rather HPC. …

Scenario The Rise of the Renminbi – Futures of the US Dollar Supremacy

In this article, part of our series on the possible futures of the US dollar supremacy, we focus our attention on the scenario “The Rise of the Renminbi”, which we deem more interesting in the way it would unfold. In the previous article, we highlighted three different main lead scenarios that could potentially describe the developments that will take place in the future, “The Rise of the Renminbi” being one of them. With this series, trying to understand the possible futures of the US dollar supremacy, we analysed the currency functions (medium of exchange, store of value, unit of account) that make the dollar the necessary currency together with the challenges looming over the petrodollar system, the perspective of the renminbi as a leading …

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Scenarios for the Future of the US Dollar Supremacy

With this series, trying to understand the possible futures of the US dollar supremacy, we have analysed the currency functions (medium of exchange, store of value, unit of account) that make the dollar the necessary currency together with the challenges looming over the petrodollar system, the perspective of the renminbi as a leading international currency and the possible impacts of cryptocurrencies over the international monetary system. We shall now outline the main lead scenarios (and eventual sub-scenarios) regarding the future of the US dollar supremacy, out of the corresponding set of scenarios covering the whole range possibilities for the future. In the next article, we shall focus our attention on the scenario we deem more interesting in the way it would …

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Signals: China’s Xi Jinping Thought, Real Economy and … Global Finance

Impact on Issues ➚ ➁ China opposes the financialization of the Chinese economy ➚ ? China will have to oppose the actors of global finance (high uncertainty) ➚  Successful development of Chinese economy ➚ Improvement of the economies of “countries under financialization” (e.g. most of Western countries) ➚ Restart of prosperity trend within “countries under financialization” (e.g. most of …

Final Scenario for the Future of Libya and their Likelihoods

Image: July Ceasefire posted by Government of National Accord Facebook page, 25 July 2017 Having evaluated the likelihood for each scenario for the future of Libya (see detail here), we shall now present updated likelihoods that account for changes that have taken place since we began the evaluations. Because both intervention and spillover are already …

Towards the End of the US Dollar Supremacy? Global Currency Fundamentals

Editor’s note: We have been monitoring “behind the scenes” the US Dollar Supremacy and the challenges it faces over the last couple of years. Indications show that it is now time to move towards strategic foresight analysis of the issue. This series results from this need and our in-depth analysis will constitute the building blocks for scenario …

Evaluating Likelihoods for the Future of Libya – A Lasting Salafist Victory

In this article, however unlikely it would appear currently*, we shall assess the likelihood of a lasting victory by the Salafists — in other words, the ability of Al-Qaeda or the Islamic State to not only achieve victory, but also to maintain lasting control. By victory, we mean a complete victory by one side over its adversaries, which is not imposed from the top down by external powers. In the previous article, we evaluated the likelihood for the initial victory of both Al-Qaeda and the Islamic State, finding that an Al-Qaeda victory was least unlikely. Now that intervention is already occurring, as we saw in our article on intervention scenarios, the “Salafist Victory” scenarios are considered to be sub-scenarios of …

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