How can cities help create social and economic sustainability?

How can cities help create social and economic sustainability?

Released Monday, 12th February 2024
Good episode? Give it some love!
How can cities help create social and economic sustainability?

How can cities help create social and economic sustainability?

How can cities help create social and economic sustainability?

How can cities help create social and economic sustainability?

Monday, 12th February 2024
Good episode? Give it some love!
Rate Episode

Episode Transcript

Transcripts are displayed as originally observed. Some content, including advertisements may have changed.

Use Ctrl + F to search

0:01

Cities generate something between 60 and 80%

0:04

of global economic output measured by

0:06

gross domestic product. Cities are responsible

0:08

for around 60% of

0:10

global waste output. They consume two-thirds

0:12

to three-fourths of global energy. They

0:14

also generate between 75 and 85%

0:17

of global greenhouse gas emissions. If

0:21

we really want all of these

0:23

national level commitments that we've made

0:25

for climate change, sustainability, and all

0:27

of that, to really get implemented,

0:29

we have to take that down

0:31

to the city level. That's where

0:34

the rubber hits the road. Every

0:36

second that we wait to take action

0:38

on climate change and sustainability issues is

0:41

time lost. And so we have to

0:43

think about how we can actually develop

0:45

solutions that can achieve both goals of

0:48

economic growth and productivity and also environmental

0:50

sustainability. From

0:56

PwC's management publication, Strategy in Business,

0:58

this is Take On Tomorrow, the

1:00

podcast that brings together experts from

1:02

around the globe to figure out

1:04

what business could and should be

1:06

doing to tackle some of the

1:08

biggest issues facing the world. I'm

1:11

Lizzie O'Leary, a podcaster and journalist in

1:13

New York. And I'm Ayesha

1:15

Hazarika, a broadcaster and writer in London.

1:18

Today, we're talking about the place

1:21

where more than half the world's

1:23

population lives, cities. By the

1:25

year 2050, the United Nations predict

1:27

that the figure will have risen

1:29

to 70%. A

1:32

change like that brings social, economic

1:34

and environmental challenges. How

1:36

can cities provide the housing, transit,

1:38

economic opportunities and all the other

1:41

amenities we need in a way

1:43

which is equitable and sustainable? To

1:45

find out more, we'll be talking

1:47

to climatologist Angel Xu. She's

1:50

founder of the Data Driven

1:52

EnviroLab, which uses satellites to

1:54

measure how environmentally sustainable and

1:56

how socially inclusive our cities really

1:59

are. But first, let's bring in

2:01

Hazem Ghilal, global leader for cities and

2:03

local government, and a partner with PwC

2:05

Middle East. Hazem, welcome to the show.

2:08

Thank you, Lizzie. Thank you, Aisha. Now,

2:10

Hazem, you work on smart mobility

2:13

and smart cities. Can you explain

2:15

to our listeners what those two

2:17

concepts mean? So let's

2:20

start with smart cities. A smart

2:22

city is a community that is

2:24

connected. It's a

2:26

community where technology enables

2:28

the delivery of smart

2:30

services that can

2:32

benefit the citizens, the residents,

2:34

and the businesses operating

2:37

in that city. On

2:39

the other hand, it is not

2:41

only about technology. Technology is an

2:43

enabler. Now, when we

2:45

think about smart mobility, smart

2:48

mobility is how we actually

2:50

move people, goods, in a

2:53

city, also enabled by technology

2:55

and data. What conversations are

2:57

you having with clients about smart

2:59

cities and smart mobility? We

3:01

can be talking to the

3:03

transport department within a city

3:05

how to introduce an integrated

3:07

transportation system within a city

3:09

that enables us to combine

3:11

different modes of transport and

3:13

to offer choices in that

3:15

city based on using data

3:17

in an intelligent way that

3:19

provides the end user with

3:21

all the different options for

3:23

mobility in that city. We

3:25

could be also having conversations

3:27

with solution providers, for

3:29

example, those providers that want to

3:31

establish an EV charging business in

3:34

a city. So they would be

3:37

asking us for support of how to

3:39

make the business case to show what

3:41

would be the benefits that a

3:44

city would get if they were

3:46

to adopt their solution of EV

3:48

charging. And can you tell us about

3:51

any particular innovations or

3:53

trends which you see as being

3:56

successful and working really well? In

3:59

the smart city space. we are

4:01

seeing a shift leveraging technology

4:03

and analytics into even a

4:05

further level, which is what

4:07

we call cognitive cities. A

4:09

cognitive city would be offering you a

4:12

lot of these decision-making

4:15

opportunities in a more

4:17

proactive way. So you would use

4:19

predictive analytics to analyze

4:21

data from the city and

4:24

again the service receiver, you

4:26

sort of like anticipating their

4:28

needs and offering the service

4:31

using AI, using cognitive thinking

4:33

in a proactive way. Hasem,

4:36

thank you for those thoughts and we're going to

4:38

come back to you in just a few minutes. But

4:41

first, Ayesha, you spoke to Angel

4:43

Shue about some of the key

4:45

issues. That's right, Lizzie. We had

4:47

an absolutely fascinating discussion and I

4:49

began by asking her, what makes

4:51

a city sustainable? Well,

4:53

this is a really tricky question because

4:55

there's not really a one-size-fits-all answer to

4:57

what makes a city sustainable. I think

5:00

there are three dimensions that you can

5:02

think about sustainability. One is

5:04

economic sustainability. So cities generate between

5:06

60 and 80 percent of global

5:09

economic output measured by gross domestic

5:11

product. I think another dimension is

5:13

environmental sustainability. Cities are responsible for

5:16

something around 60 percent of global

5:18

waste output. They consume two-thirds to

5:20

three-fourths of global energy. They also

5:23

generate between 75 and 85 percent

5:25

of global greenhouse gas emissions. And

5:27

they also contribute to higher temperatures compared

5:29

to rural areas. Also equally important is

5:32

the social equity dimension. You have some

5:34

of the wealthiest individuals that live within

5:36

cities as well as some of the poorest. And

5:39

this is one of the reasons why the United

5:41

Nations in 2015 started to

5:43

articulate a global vision for

5:45

what cities should be in

5:47

the future to be both

5:49

sustainable and inclusive. Now you've

5:51

done some really pioneering work

5:53

using satellite data to help

5:55

measure sustainability. Tell us about

5:57

that. How can I help

5:59

you? a satellite look at this

6:01

kind of measurement and work it

6:03

out. We can look at trees and

6:05

also where the location of water bodies

6:08

are, fresh water, oceans, and

6:10

then also environmental conditions. So environmental pollution

6:12

can also be measured and viewed from

6:14

space. So you can actually see algal

6:17

blooms in water bodies, for instance. Satellites,

6:20

because they have sensors, can actually detect

6:22

the degree to which pollutants in the

6:24

troposphere, which is a layer of the

6:26

Earth's atmosphere, actually prevent light

6:28

from penetrating. And then combining

6:30

those data with global circulation

6:33

models and other types of chemical

6:35

transport models that model how pollutants

6:37

move throughout the atmosphere, you

6:39

can actually estimate ground level concentrations to

6:41

air pollutants. And then also

6:44

carbon dioxide emissions and other greenhouse gases

6:46

are increasingly being monitored also by satellites.

6:48

Because satellites have a regular overpass time,

6:51

so they pass over the same position

6:53

on Earth the same time every single

6:55

day, you can actually start to get

6:57

a consistent and regular time series record

7:00

of these phenomenon of air pollution or

7:02

land cover, forest cover, carbon

7:04

dioxide emissions over that same

7:07

spot. And what about the

7:09

equity aspect of sustainability that

7:11

we discussed earlier and inclusion? Can

7:13

satellites give us a picture about

7:16

inequality? That's where satellites become increasingly

7:18

attractive and the promise of Earth

7:20

observation, because then you can get

7:22

this regular and consistent

7:24

record of these different types of

7:27

indicators. So when we combine that

7:29

with the socio demographic data, we

7:31

can start to answer questions like,

7:33

well, do all populations and all

7:35

demographic groups and all age groups,

7:37

do they have the same access

7:40

to green amenities like green space

7:42

and tree cover, and also

7:44

sustainable transit? And are they protected? Are

7:46

they afforded the same protections from air

7:48

pollution and urban heat

7:51

exposure? Let's now dig into

7:53

what you're discovering through your

7:55

data. What kinds of cities

7:58

are performing well? well,

8:00

what kind of regions of the

8:02

world are really leading the

8:04

way and which sort of areas, which cities

8:06

are not doing so well? We

8:08

find that there are generally four

8:10

types of cities. So one type

8:13

would be those Stockholms, Vancouver, London,

8:15

Copenhagen that are performing above average

8:17

on environmental quality, but then they're

8:19

not providing those benefits equally. And

8:21

in particular, they're burdening poorer populations

8:23

within their cities with these higher

8:26

levels of pollution and not the

8:28

same access to the amenities or

8:30

benefits. Then there's another type where

8:32

we're seeing there are some incredibly

8:34

dense cities. So these are Asian

8:36

cities like Tokyo and Kyoto city

8:38

in Japan, where they're performing better

8:40

than average on environmental indicators, but

8:43

they're burdening actually wealthier populations because

8:45

of the product of density, you

8:47

get more cars, you get more

8:49

buildings, and there's maybe not as

8:51

much room for green space in

8:54

dense urban areas. And then we've

8:56

got another type of city where

8:58

if you think about large Chinese

9:00

and Indian cities like Beijing and

9:02

Chengdu, Delhi, they are cities that

9:05

are not performing as well on

9:07

environmental quality. So they have high

9:09

levels of air pollution and

9:11

greenhouse gas emissions. They're performing

9:13

lower than average and also

9:15

burdening poorer populations and

9:18

wealthier populations actually alike. And

9:20

then the last type of city

9:22

would be those in primarily developing

9:25

countries, Monterey, Mexico, Johannesburg, South Africa,

9:27

where they're performing below average on

9:29

environmental conditions, but then also they

9:32

have huge amounts of income inequality

9:34

as well. Half of the cities

9:37

in our index are actually not

9:39

providing the same benefits equally amongst

9:41

all residents and are disproportionately burdening

9:44

poorer populations with greater burden of

9:46

air pollution exposure, urban heat island

9:48

exposure, and not the same benefit

9:50

and access to green space and sustainable transit.

9:53

So some of the amenities that cities should

9:55

be providing for all residents equally. What

9:57

is it about a city that allows it to be

10:00

sustainable. Is it

10:02

the way it's governed? Is

10:04

it specific policy decisions, whether

10:06

it's on housing or

10:08

things like limiting cars? Is

10:11

it geography? It has to be a

10:13

little bit of everything that you mentioned.

10:15

So I think some cities are just

10:17

initially dealt a shorter hand than others.

10:19

I think about Los Angeles, California, which

10:21

is located in the valley. And so

10:23

unfortunately, there's poor air quality and smog

10:25

has been a perennial issue. And

10:28

other cities, yeah, they are wealthier. And so

10:30

they have more economic resources and

10:32

they can invest in more sustainability

10:34

solutions. So I think there's a lot

10:36

of different varieties and reasons. And I

10:39

do think that governance and policies, urban

10:41

planning is certainly part of the solution. I'm

10:43

here in Singapore. And of course, you know,

10:45

they have the benefit of being a relatively

10:47

new nation. They just celebrated their 58th birthday.

10:50

And so they kind of, in a way, got to

10:52

think about how to design the city in a garden

10:55

and garden in a city from the ground up,

10:57

you know, the founders of modern Singapore, they were

11:00

thinking about that, recognizing that they had very limited

11:02

land area, and all these

11:04

different computing pressures of wanting to

11:06

grow GDP, but then also managing

11:08

resources really well. It's been

11:10

really interesting being here and

11:12

seeing the benefits of having

11:14

centralized planning and very thoughtful

11:16

urban design to combat urban

11:18

heat and to minimize pollution

11:20

and try to balance all

11:22

of these things together. There

11:24

were two very different schools

11:27

of thought on the impact

11:29

of sustainability. Some people think

11:31

taking climate or inclusion into

11:33

account can hold back your

11:35

chances of economic success. But

11:37

there are others who take a very

11:39

different view and they think that sustainability

11:41

enables economic success and

11:43

growth. What does your

11:46

data tell you? I think this

11:48

is a really tricky question to answer. At least

11:50

in our index, what we're finding is

11:52

that there are some cities that have

11:55

higher than average GDP and environmental performance.

11:57

So I think that that's evidence that you

11:59

can be... wealthy and you

12:01

can also be environmentally sustainable.

12:04

And then we're also saying that there are

12:06

some cities that are actually less wealthy, but

12:08

they punch above their weight in terms of

12:10

environmental sustainability. I think probably trying to say

12:13

which theory or which camp is right

12:15

is probably not productive. I think every

12:18

second that we wait to take action

12:20

on climate change and sustainability issues

12:22

is time lost. And so

12:24

we have to think about how

12:26

we can actually develop solutions that

12:28

can achieve both goals of economic

12:30

growth and productivity and also environmental

12:32

sustainability. Angel cities are

12:34

really diverse around the

12:37

world. Now there are some super

12:39

modern and innovations can be built

12:42

in, but there are

12:44

other cities which are a real

12:46

kind of jumble of the ancient

12:48

and the modern. How feasible and

12:50

how expensive is it

12:53

to retrofit some

12:55

of these older ancient cities?

12:58

Retrofitting buildings is a key indicator

13:00

for the building sector for urban areas if

13:02

we want to have any hope of staying

13:04

on track. So I think it's definitely feasible,

13:06

but it's also incredibly costly. But I think

13:08

there's a lot that can be done just

13:11

in simple terms of improving

13:13

installation and the ceiling and making sure

13:15

that these buildings are actually not allowing

13:17

a lot of airflow from leaking in

13:19

or out and improving lighting,

13:22

just upgrading to LEDs and more efficient

13:24

lighting sources. That's a huge focus. And

13:26

then improving obviously the air conditioning

13:29

and ventilation systems. I think that's

13:31

also an area where you can really

13:33

improve energy efficiency of buildings. And why

13:36

should business leaders care about this agenda,

13:38

particularly when they are facing very

13:40

difficult economic circumstances at the

13:42

moment? They should care because

13:44

it's kind of a do or die moment

13:46

where we now see that businesses are being

13:48

impacted by climate change. Last

13:51

year when China experienced a record setting

13:53

heat wave, so they had something like

13:55

70 days of temperatures over 100 degrees,

13:57

it hugely... The

14:00

affected supply chains: Because China lost

14:02

a lot of hydro power, a

14:04

lot of their waterways dried up

14:06

and they weren't able to transfer

14:08

goods as easily and that affected

14:10

supply chains that certainly drove up

14:12

inflation and affected businesses. Bottom line,

14:14

and if you're a business leader,

14:16

he is concerned about the sustainability

14:18

of as the the city where

14:20

you operates. Give us an example

14:22

of some practical things that the

14:25

to. Do I always say number

14:27

one know you're in fact is?

14:29

I think that's so incredibly critical

14:31

You can't. Manage what you don't measure

14:33

and you can't manage well. We don't measure

14:35

wealth And then I think once you know

14:37

what your baseline emissions are, it's important to

14:39

set a goal at. Also, as a mother

14:41

a suspect, the arms professor I know how

14:44

important it is to make their goal post

14:46

and the milestones very clearly defined if you

14:48

want to actually motivate action. And

14:50

then at the other piece is actually

14:52

developing a plan and then I would

14:54

say the fourth set as then to

14:57

actually take steps to implement number five,

14:59

you have to also monitor and report

15:01

your progress and us were saying a

15:03

lot of gaps so all of this

15:06

sounds really important, but it also signs

15:08

like it's quite a lot. Been really

15:10

honest. Is this gonna be harder if

15:12

your and I send me a small

15:15

or medium enterprise When we talk about

15:17

the companies are responsible for climate change?

15:19

two thirds. Of the companies that have

15:21

contributed the most of the climate, his

15:24

problem. For the very large companies that

15:26

you were death a large fossil fuel

15:28

companies, cement companies, oil and gas, and

15:30

really the we're not anybody estimates you

15:32

are filthy talking about major major companies

15:34

and and a lot of these I

15:36

were publicly own state owned enterprises. These

15:38

are the ones that are historically the

15:41

most responsible for the climate change problem

15:43

and they absolutely have no excuse. I

15:45

mean, they have the capacity to have

15:47

the resources to do all the things

15:49

that I. Mention, But absolutely For small

15:51

and medium sized enterprises, it's going to

15:54

be really challenging. everyone should be

15:56

aware at least and try to get educated about

15:58

what climate change is how to affects their

16:00

businesses. You can collect activity data on

16:02

how much electricity you consume, how much

16:05

fuel do you purchase. And

16:07

there are databases of emissions factors

16:09

that tell us how much emissions

16:12

are emitted through per unit of

16:14

these different activities. And so you

16:16

can start to develop these estimates

16:18

that don't require necessarily a huge

16:20

amount of technological resources. So Angel,

16:23

what is your ideal

16:25

vision of the sustainable,

16:27

equitable city of the future?

16:30

I'm drawn to an example just from a

16:32

few weeks ago. So my family, they really

16:35

like cruises, my parents are aging and they

16:37

really wanted to get everybody together. And my

16:40

husband made a remark, he said, to me,

16:43

this is what every American really wants.

16:45

They don't necessarily want to be on

16:47

a boat per se. And

16:49

it doesn't have to be on this

16:51

monstrosity of a ship. What they really

16:53

want is this connection with other people

16:55

because you have this self contained entertainment

16:58

center, you have walkability to

17:00

restaurants, to cafes, to bars, you have

17:02

these chance encounters with people. And it really

17:04

struck me that this is what a city

17:06

should be. I think that could actually help

17:08

us achieve a sustainable city

17:10

that's equitable because you would have

17:12

people who could have access to better

17:15

jobs and more economic

17:17

opportunity that cities provide, you could

17:19

have density and people not needing

17:21

to actually purchase their own car because they

17:24

would have public transit that they could access.

17:26

And then you could have these green spaces

17:28

that could actually bring people together. And if

17:30

everyone had the same access to these parks

17:32

and shaded areas, then they could

17:34

have protection from air pollution and

17:36

urban heat. My hope is that emerging

17:39

cities in other parts of the world

17:41

learn from our mistakes. And they think

17:44

about how to rebuild urban centers to

17:46

be vibrant communities that connect people together

17:48

and have a common shared vision of

17:50

sustainability because I think that's the only

17:52

way we're going to be able to

17:54

actually tackle climate change. Well, Angel, thank

17:56

you so much for your time. Thank

17:58

you. Thank you so much. It was

18:00

really a pleasure being here. We're

18:03

back with Hazem Ghulal. Hazem, Angel

18:05

laid out some reasons why she

18:07

thought businesses are to care about

18:09

whether cities are sustainable. Climate

18:12

change, disrupting operations and supply chains,

18:14

driving up inflation, as

18:16

well as reputational damage. To

18:19

what extent do your clients share

18:21

that perspective? Absolutely. I mean,

18:23

climate change is real. It's

18:25

here. The cost of

18:27

not dealing with climate change

18:29

is borne by the entire

18:32

society, including the companies, public

18:34

sector entities, private sector entities that

18:37

operate in a city. So

18:39

a lot of our clients,

18:41

especially the startups, are starting

18:43

right now to really think

18:46

about how can they provide

18:48

solutions that would help us

18:50

to deal with climate change, be

18:52

it mitigation or adaptation. Well, whose

18:54

responsibility is it to make our cities more sustainable?

18:56

I mean, is it the private

18:59

sector, is the government, what's the balance? So

19:01

it has to be driven by

19:04

the government, essentially. I mean, city

19:06

mayors and city regulators are the

19:08

ultimately responsible people for that. But

19:10

it's not only their responsibilities. The

19:12

private sector has to be part

19:14

of this. And the government has

19:16

a very solid set of regulations,

19:18

you know, in terms of making

19:20

sure that when they give the permits

19:22

to a master developer, they need to

19:25

make sure that the type of units

19:27

that they are developing are

19:29

catering for all different strata

19:31

within that society, right? So

19:33

it is the government's responsibility,

19:35

but it has to be

19:37

done in collaboration with the

19:39

private sector, with academia, and

19:42

with non-governmental organizations. What

19:45

would effective and valuable public-private

19:47

partnerships look like when it

19:50

comes to sustainable cities? And

19:52

what benefits do they provide?

19:55

We did a study actually with the World Economic

19:57

Forum a few years ago, and we looked at

19:59

the look that one of the

20:02

most important factors in making

20:04

those public-private partnerships a success

20:06

is to engage the private

20:08

sector early enough in the

20:10

process and to make sure that

20:13

they are an equal partner along the

20:16

way. Of course, you have to be

20:18

designing these partnerships so that

20:21

they are a win-win situation.

20:24

And you're taking the best of

20:26

the private sector but also making

20:28

sure that the regulations, the laws,

20:30

the procurement laws are catered to

20:33

incentivizing the private sector to participate

20:35

while keeping checks and balances to

20:37

make sure that the recipients of

20:39

the service are still getting the

20:42

best quality. I'm wondering

20:44

what uses you see for

20:46

policymakers and businesses in the

20:48

kind of data that Angel's work is

20:50

producing. It's great when

20:52

you actually have data that would allow

20:54

you to better plan and operate a

20:56

city. If they can

20:58

understand through sharing, car rights

21:01

sharing data, in a

21:03

better way, the use of different times

21:05

of the day, different modes of transportation,

21:08

you will be able to plan better

21:10

roads. You will be able to better

21:12

plan public transportation and your bus lines

21:15

to address those areas that need them

21:17

the most. So having this

21:19

dynamic data and being able

21:22

to process it, analyze it,

21:24

intelligently make decisions based on

21:27

that is what really a

21:29

smart city is all about. Looking

21:31

specifically at the region where you work,

21:33

the Middle East, it's got the second

21:35

fastest rate of urbanization on the planet after

21:37

Africa. What particular challenges

21:40

or opportunities do you see in the Middle

21:42

East? Oh, this is

21:44

an amazing time to be in the Middle

21:46

East. And I think, especially when it comes

21:48

to smart cities, now we

21:50

are seeing a big transition in

21:53

Saudi Arabia, for example, Riyadh has

21:55

really started to transition into a

21:57

cognitive city as a brand new

21:59

city. round field city that is

22:02

a city that is already existing,

22:04

that becomes very challenging because

22:06

in a way you have to

22:08

sail the boat as you are

22:10

rebuilding it. On the other

22:12

hand, we also have the likes of

22:14

NEOM, we have the likes of MOSDAR.

22:16

These are green fields, new cities that

22:18

are being designed from scratch

22:21

like the line, like OXOGON,

22:23

where from the beginning you

22:25

are inserting and investing in

22:28

smart infrastructure that would allow

22:30

you to offer these smart services.

22:33

And there is a renewed emphasis as

22:35

well on sustainability because at

22:37

the end of the day you

22:40

want to be able also to

22:42

leverage these technologies towards sustainability

22:44

and enhanced quality of life. I

22:47

would say if we really want

22:50

all of these national level

22:52

commitments that we've made for climate

22:54

change, sustainability and all of that,

22:56

to really get implemented, we have

22:59

to take that down to the city

23:01

level. That's where the rubber hits the road.

23:03

Hasem Galal, thank you so much for

23:05

talking with us and for sharing your reflections today.

23:08

It was a pleasure. Thank you very much. So

23:11

Lizzie, my big takeaway

23:13

is that justice and

23:15

inclusion is a really, really big

23:17

part of the story of

23:20

smart cities and smart

23:23

mobility. And particularly

23:25

as that collides with global

23:27

warming and climate change, we've

23:30

got these very, very dense

23:32

cities, but that also means

23:34

real challenges, particularly as our

23:36

cities get warmer in

23:38

terms of even things like

23:40

green spaces, planting trees for

23:42

shade, making sure as

23:45

well as being warm in winter are

23:48

sort of cool and ventilated when it

23:50

gets really hot. I was expecting to

23:52

hear, oh, some of these cities,

23:55

Copenhagen, Stockholm have done so well

23:57

on sustainability, But then, when she's.

24:00

Talked about. Actually, they're not

24:02

necessarily including poor people in

24:04

those benefits and in fact,

24:06

burdening them. I thought that

24:08

was incredibly interesting to think

24:11

about this intersection. Of

24:13

being inclusive and diverse with

24:15

being sustainable that these are

24:17

not values. That are opposition with

24:19

one another. They are in fact inextricably

24:22

linked. And. That we can do

24:24

that. using. Data to

24:26

drive this kind of decision making.

24:29

That's. All for this episode. Join

24:31

us next time on teeth and

24:33

moral when we'll be asking his

24:35

business is ladies that I generative

24:37

A I will transform side The

24:39

security is sleep A crime was

24:41

a country. It would be the

24:43

third richest country in the world

24:45

in terms of gross domestic product.

24:47

He would also be the fastest

24:50

growing economy and the wealth. Anything

24:52

about something money has been made

24:54

by that somewhere. Operators have some

24:56

of these organized crime gangs. they

24:58

got a lot. More money to

25:00

invest in Utah new technology with

25:02

me. Spoken about the potential for

25:05

generated. Believe.

25:09

That our ability to collaborate and

25:11

our ability to separate that scale

25:13

and you some I see some

25:15

of these technologies got sick the

25:17

that advantage in see their realm

25:19

of defenders. Take.

25:24

On Tomorrow is brought to you

25:26

by Pwc. The Strategy and business.

25:28

Pwc refers to the Pbc network

25:30

and or one or more of

25:32

it's member firms, each of which

25:34

is a separate. Legal entity.

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features