Technology has never been more fundamental to the way we live, and the Covid-19 pandemic has only made that integration stronger. When the virus kept us physically apart, our gadgets kept us connected. They were also central to the contact tracing that endeavoured to keep us safe. We can be thankful that such advanced technology was on hand to help us navigate such an extraordinary year, and yet its critical role has put huge power and control in the hands of a small number of private companies. That inherent tension is set to become even more profound this year.
Working lives across the globe will continue to be disrupted over the next few months, as governments and businesses encourage people to work from home to keep the virus at bay while vaccination programmes are implemented and inoculations take place. But technology has shouldered the burden of mass remote working so effectively that it may well be here to stay.
As our homes adopt new identities, doubling as office spaces, classrooms and gyms, we’ll continue to reach for emerging smart home technology, from air purifiers to smart workout mirrors, from digital whiteboards to a mass of entertainment streaming services. The way we communicate will also continue to drift away from text and towards video and audio. Less focus on the keyboard, more on each other. That change will have voice assistants continue their rise to ubiquity.
Augmented, extended and virtual reality will facilitate new advances in education and health. After all, even when the threat of the virus eventually subsides, remote teaching and remote diagnosis will stand to benefit millions of people worldwide. Wearables will log ever more detailed health data, and the idea of physically visiting a doctor may soon become outmoded. The coronavirus has accelerated technological development in other areas, too, most notably the expansion of Amazon's chain of Go stores, where checkout-free shops use cameras and AI to track shoppers and bill them automatically.
Nearly every field of technology will take greater advantage of 5G this year. Last year was meant to be its big moment, but the pandemic caused well-laid plans to be scrapped. In recent months, however, a clutch of new 5G phones – most notably the iPhone 12 range – have been eagerly snapped up by consumers.
According to Swedish company Ericsson, there are already 218 million 5G subscriptions worldwide, a number that has outstripped predictions. Despite conspiracy-fuelled fears about the technology, it is clear that there is now huge demand for it. Devices will become cheaper and networks will continue to expand; 60 per cent of the global population should be reached by 2026, making 5G the fastest-deployed mobile network ever. The impact of this will be felt not only on a personal level, but also across all industries, from farming to gaming, as automation and connectivity come together to create the much-touted “Internet of Things”.
One sector that will benefit hugely from this connectivity is the car industry. Elon Musk, chief executive of Tesla, announced on December 20 that the company will launch its Full Self-Driving subscription early this year, which “enables a new level of safety and autonomy”. Without regulatory approval, human drivers will still be legally responsible for their vehicles, but FSD is set to “offer more insight into how your Tesla perceives the world around you and future Full Self-Driving Capabilities”. Think of it as a proof of concept, reassuring the public that this technology actually works. Meanwhile, across the world, from Arizona to Shanghai, driverless taxis are waging a similar PR drive, carrying passengers safely to their destinations.
The use of 5G will also mean a big increase in the amount of data being generated by us and by machines. That means more computer analysis of how the world works, and algorithms getting better at predicting behaviour. This will inevitably be met with pushback from privacy campaigners.
Facial recognition systems came in for sustained criticism last year, as the implications on civil liberties began to be more widely understood; as a consequence, IBM and Microsoft announced their systems would not be made available to law enforcement agencies. The question of who gets to see the data we generate cannot be forgotten.
Growing piles of data also means a greater dependence on security to keep it safe. Passwords, for so long the ineffective gatekeeper of personal and corporate information, will have to take more of a back seat. Every minute of every day, cyber crime costs the global economy $2.9 million, with about 80 per cent of those attacks directed at password-cracking. Microsoft announced in recent weeks its vision of passwordless access for all its customers this year. More of us will begin to use hardware keys to secure access to the services we use, and not before time.
It’s become traditional to label every year a bad one for Facebook, but in fact every social media network has suffered reputational damage over the past 12 months. The dominance of Facebook, Google and Amazon is set to be challenged by several lawsuits in several territories this year, as lawmakers take action over data privacy, misinformation and anti-competitive behaviour.
But what about the gadgets that used to make technology such a carefree topic of conversation? The entirely virtual CES show, due to take place on Monday, January 11, will have Samsung launch rival phones to the iPhone 12, continue its commitment to foldable tech, and new screens that it's boldly calling "future of the display". It's a small reminder that technology, despite its critical role in society, can still generate a small buzz of excitement for those who love a shiny new toy to play with.
How to keep control of your emotions
If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.
Greed
Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.
Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.
Fear
The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.
Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.
Hope
While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.
Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.
Frustration
Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.
Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.
Boredom
Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.
Tip: Open an online demo account and get your thrills without risking real money.
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Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Specs
Engine: 3.0L twin-turbo V6
Gearbox: 10-speed automatic
Power: 405hp at 5,500rpm
Torque: 562Nm at 3,000rpm
Fuel economy, combined: 11.2L/100km
Price: From Dh292,845 (Reserve); from Dh320,145 (Presidential)
On sale: Now
'Worse than a prison sentence'
Marie Byrne, a counsellor who volunteers at the UAE government's mental health crisis helpline, said the ordeal the crew had been through would take time to overcome.
“It was worse than a prison sentence, where at least someone can deal with a set amount of time incarcerated," she said.
“They were living in perpetual mystery as to how their futures would pan out, and what that would be.
“Because of coronavirus, the world is very different now to the one they left, that will also have an impact.
“It will not fully register until they are on dry land. Some have not seen their young children grow up while others will have to rebuild relationships.
“It will be a challenge mentally, and to find other work to support their families as they have been out of circulation for so long. Hopefully they will get the care they need when they get home.”
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
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%3Cp%3E%0DIf%20Catherine%20Richards%20debuts%20for%20Wales%20in%20the%20Six%20Nations%2C%20she%20will%20be%20the%20latest%20to%20have%20made%20it%20from%20the%20UAE%20to%20the%20top%20tier%20of%20the%20international%20game%20in%20the%20oval%20ball%20codes.%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3ESeren%20Gough-Walters%20(Wales%20rugby%20league)%3C%2Fstrong%3E%0D%3Cbr%3EBorn%20in%20Dubai%2C%20raised%20in%20Sharjah%2C%20and%20once%20an%20immigration%20officer%20at%20the%20British%20Embassy%20in%20Abu%20Dhabi%2C%20she%20debuted%20for%20Wales%20in%20rugby%20league%20in%202021.%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3ESophie%20Shams%20(England%20sevens)%3C%2Fstrong%3E%0D%3Cbr%3EWith%20an%20Emirati%20father%20and%20English%20mother%2C%20Shams%20excelled%20at%20rugby%20at%20school%20in%20Dubai%2C%20and%20went%20on%20to%20represent%20England%20on%20the%20sevens%20circuit.%20%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3EFiona%20Reidy%20(Ireland)%3C%2Fstrong%3E%0D%3Cbr%3EMade%20her%20Test%20rugby%20bow%20for%20Ireland%20against%20England%20in%202015%2C%20having%20played%20for%20four%20years%20in%20the%20capital%20with%20Abu%20Dhabi%20Harlequins%20previously.%0D%3C%2Fp%3E%0A
The chef's advice
Troy Payne, head chef at Abu Dhabi’s newest healthy eatery Sanderson’s in Al Seef Resort & Spa, says singles need to change their mindset about how they approach the supermarket.
“They feel like they can’t buy one cucumber,” he says. “But I can walk into a shop – I feed two people at home – and I’ll walk into a shop and I buy one cucumber, I’ll buy one onion.”
Mr Payne asks for the sticker to be placed directly on each item, rather than face the temptation of filling one of the two-kilogram capacity plastic bags on offer.
The chef also advises singletons not get too hung up on “organic”, particularly high-priced varieties that have been flown in from far-flung locales. Local produce is often grown sustainably, and far cheaper, he says.
Six large-scale objects on show
- Concrete wall and windows from the now demolished Robin Hood Gardens housing estate in Poplar
- The 17th Century Agra Colonnade, from the bathhouse of the fort of Agra in India
- A stagecloth for The Ballet Russes that is 10m high – the largest Picasso in the world
- Frank Lloyd Wright’s 1930s Kaufmann Office
- A full-scale Frankfurt Kitchen designed by Margarete Schütte-Lihotzky, which transformed kitchen design in the 20th century
- Torrijos Palace dome
The 12
England
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur
Italy
AC Milan, Inter Milan, Juventus
Spain
Atletico Madrid, Barcelona, Real Madrid
WOMAN AND CHILD
Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5
MATCH INFO
Fixture: Thailand v UAE, Tuesday, 4pm (UAE)
TV: Abu Dhabi Sports
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Ferrari
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MATCH INFO
Fulham 0
Aston Villa 3 (Grealish 4', Hourihane 15', Mings 48')
Man of the match: Jack Grealish (Aston Villa)
How to report a beggar
Abu Dhabi – Call 999 or 8002626 (Aman Service)
Dubai – Call 800243
Sharjah – Call 065632222
Ras Al Khaimah - Call 072053372
Ajman – Call 067401616
Umm Al Quwain – Call 999
Fujairah - Call 092051100 or 092224411