ABL TECHNOLOGY ONLINE
ABL-Tech Member News & Industry Trendletter * January 23, 2025
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  • 2/06 - 1st Thursday ZOOM Table - featuring James Meyers, Founder and CEO of T&C LLC
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SOCAL FIRE NEWS & ABL MEMBERS' RESPONSE

Just when it looked like LA was containing its horrific fires (with the Palisades Fire 72% contained and Eaton, 95%), the Hughes Fire (seen right from Magic Mountain) exploded. Within hours, over 10,000 acres were engulfed in flames, prompting mandatory evacuations for more than 31,000 residents in the Castaic and Santa Clarita areas. Among the evacuees were 23,000 residents in Valencia, where Frank Yeager's Eckert + Ziegler Isotope Products facility is located; that fire is only 14% contained. Meanwhile, another new 45-acre fire in the Sepulveda Pass, near the Getty Center on one side of the 405 Freeway and Bel Air on the other, is 60% contained.

Acknowledging the Angels Among Us

News media around the world has covered the horrific fires in LA, so far resulting in 28 fatalities and the evacuation of 205,000 residents in the wake of the Palisades, Eaton, and Hughes fires; plus the destruction of over 12,000 homes, 17,000 structures, and estimates of up to $150 billion in economic damages. Yet, not enough has been written about the heroic kindness of neighbors opening their homes to those who are now homeless, and those providing funds for food, clothing, and essentials. Among our West Side ABL Members, James Meyers (T&C LLC) was first to open his home to close friends who lost their home in the Palisades Fire, within a week two more families moved in. Meanwhile, Sameer Bhatia (ProProfs) also opened his home to three other families left homeless due to the fire. Across town, Dave Berkus, needed to find a new care home for his disabled wife, Kathy, after the facility she was in burned to the ground in the Eaton Fire. Dave also opened the casita on his property in Arcadia to a seventh family that lost their home.
        Meanwhile, in a recent post, Adam Miller highlighted two organizations that are helping people impacted by the L.A. wildfires. Better Angels, where he's CEO, has created an Emergency Assistance Fund to help low-income families who have lost their homes due to the fires, awarding grants to help those in need. You can apply and/or donate here. Adam was also Chairman of LA-based Team Rubicon, which will be launching a massive, veteran-led deployment to begin the hard work of recovery once the fires are extinguished. You can volunteer here. AND, Ujj Nath (myKaarma), shared that he and his wife have personally committed $20,000 to match gifts to https://www.calfund.org/funds/wildfire-recovery-fund/ - which has already raised $4,500,728 from over 29,000 people and companies. Ujj asks that you please Direct Message him (at [email protected]) about your gift and "we will get to our goal of a combined $40,000."
        Fortunately, there are still angels like James, Sameer, Dave, Adam, and Ujj in the City of Angels - and no doubt additional "hidden angels" we've yet to hear about!

EXPANDED ARTICLES
ABL-TECH MEMBER NEWS
Alvaka (Oli Thordarson) Discusses Key Elements of Ransomware Protection

Recent articles from Alvaka include:
> How to Develop a Business Continuity Plan for Ransomware Scenarios - Considering that a company falls victim to ransomware every 11 seconds, as recent reports suggest, the urgency to act cannot be overstated.
> Creating a Ransomware Response Team: Roles and Responsibilities - Discusses key roles, training and preparedness, establishing clear protocols, and more.
> The Importance of Cyber Breach Legal Support - Integral in crafting a robust defense against cyber incidents, this assistance plays a crucial role in the modern business landscape, helping organizations to manage the repercussions of a data breach effectively. (FRI)

Dave Berkus Offers Insights on Sustainable Growth Models & Core Competencies

In Building Sustainable Growth Models, Dave shares that they are living frameworks that evolve with your business, and provides a list of what actually works.
AND, in Don't stray from your core competence! as well as in Does AI aid or challenge your core competency?, Dave defines your core as the one skill, process or advantage you have over your competition, and then ponders how many of your surrounding assets and services are really necessary for you to perform in order to protect and grow your core. (FRI)

CuraeSoft (Mark Parinas) Provides Strategies for Improving Remote Collaboration

In a recent post, CuraeSoft CEO Mark Parinas conducted a poll - What's your team's biggest challenge with remote work? The results were: Staying aligned on goals 67%; Communication overload 17%; Building trust 17%. Mark also suggests three strategies for improving remote collaboration: Intentional video check-ins to build trust and maintain transparency; Centralized platforms to share updates and streamline communication; and Clear boundaries to protect both focus and work-life balance. (FRI)

Chris Dyer Explores Relationships at Work, Leadership Competencies, Leadership "Propaganda" & More

Chris Dyer recently guested on the Relationships at Work podcast, and led the Mastering Key Conversations webinar - watch replays of each at the links.
ALSO, in What Did You Learn This Year?, Chris shares a list of 14 books - "incredible reads that shaped my thinking and inspired new ideas."
PLUS, in Leadership Propaganda: 5 Lies to Leave Behind, Chris examines these "leadership lies": Culture Happens Organically; Leaders Must Have All the Answers; Mistakes Are the Enemy; Great Communicators Talk More; and Pay and Perks Solve Engagement.
AND, read Chris's article, The Future of Leadership: 7 Competencies That Will Define the Next Generation. (FRI)

Get Visible (Jason Ciment) Imparts Slate of Marketing Tips

In 8 Marketing Tips Nobody Shares!, Get Visible expounds on: Guarantees Build Trust; Stack Value; Pre-Sell Your Idea; Learn From Competitors; Show Proof; Clarity > Cleverness; Bold CTAs; and Speed Matters.
ALSO, in a recent post, Get Visible shares a framework they've developed called HOOKS - a collection of the 5 most important lessons we've learned over the years to maximize LinkedIn impact. In summary, it is: Hook your audience with engaging openers; Optimize formatting for readability; Offer specific value, not fluff; Know your audience's pain points; Strategic call to actions. (FRI)

GIDEON Informatics (Uri Blackman) Shares Info on Current Bird Flu & Norovirus

GIDEON Informatics recently shared What to know about the first bird flu human death in the U.S. AND discussed a current significant increase in norovirus cases, per the CDC, along with a link to its norovirus blog. (FRI)

Nortridge Software (Greg Hindson) Addresses the Challenges of Servicing Loans

In Top 10 Challenges of Servicing Loans + What To Do About Them, Nortridge Software details how it simplifies the process for loan servicers and lenders. In summary, the challenges include: Managing Diverse Loan Types; Handling Manual Processes; Maintaining Accurate Reporting; Leveraging Robust Audit Capabilities; Enhancing Borrower Communication; Managing Collections and Defaults; Scaling Operations; Handling Complex Loan Structures; Improving Efficiency in Payment Processing; and Improving Coordination for Better Borrower Experience. (TH)

John Tanner's NuSci to Present Nutrition Workshop + Yoga on Feb. 11

On Tuesday, February 11, NuSci will present a Nutrition Science Workshop and Yoga. The evening will begin with an optional 10-15 minutes of yoga, followed by the workshop at which John will share his nutrition journey after suffering a near-fatal cardiac arrest in 2009. He will relay to you the scientific information needed to avoid heart disease and other leading killers, and will discuss strategies for change and field questions. The evening, to be held at Tanner Research in Duarte, will include dinner and a gift book. Reserve your seat at the link above. (FRI)

Kenneth Shen Becomes Innovator in Residence at Tufts

Kenneth Shen recently announced that he has joined the team at Tufts Food & Nutrition Innovation Institute as an Innovator in Residence. He'll be exploring problems and solutions intersecting our food system and the health and wellness of our nation. (FRI)

The Joy Factory (Sampson Yang & Miranda Su) Details How Rugged Devices Revolutionize Operations

In Empowering the Connected Frontline: How Rugged Devices Revolutionize Operations, The Joy Factory acknowledges that frontline workers are the backbone of industries worldwide, playing critical roles in sectors such as construction, manufacturing, transportation, and retail. Mobility and connectivity are no longer optional - they are essential. However, consumer-grade devices often fall short, leaving teams to face the challenges of unreliable technology in high-stakes scenarios. That's where ruggedized solutions, like The Joy Factory's durable cases for tablets and smartphones, come into play. (TH & FRI)

Marshall Toplansky Utilizes Research, Podcasts & Event to Report on California, AI & More

Marshall Toplansky's new research report, co-authored with UC Irvine's Kenneth Murphy, Ph.D., explores Is California Losing Its Mojo?
AND, Marshall was recently featured on an episode of the AI Copilot podcast, where he discusses the upcoming AI Copilot Summit in March.
PLUS, recent episodes of Marshall's and Joel Kotkin's The Feudal Future podcast include Energy Politics and Pathways to Progress and 2024 in Review: Feudalism, Politics, and Global Shifts. (TH)

HEALTH TECH MEMBER NEWS
Angle Health (Andy Leeka) Named Among Top 100 Healthcare Tech Companies

The Healthcare Technology Report has recognized Angle Health as one of the Top 100 Healthcare Technology Companies of 2024.
AND, Angle is proud to have its vision for 2025 featured in Becker's recent article, 20 Payer Executives' Top Priorities for 2025, which highlights Angle's unwavering focus on leveraging technology to transform the healthcare experience for members, brokers, and employers alike. (LA)

Elemeno Health (Arup Roy-Burman, MD) Graduates from PharmStars Digital Health Accelerator

Elemeno Health is among the graduates of PharmStars Fall 2024 program focusing on "Digital Innovations in Clinical Trials." The graduating companies completed PharmaU, PharmStars' 10-week educational and mentoring program. PharmaU culminated recently with a Showcase Event in Boston that brought together participating startups and PharmStars' innovation-minded pharma members. (BA)

iMediSync (Dave Berkus) Announces Updates & Partnership

iMediSync has announced that users can now view and interact with EEG data directly on the web, with features designed to give you greater control and flexibility.
MEANWHILE, iMediSync has partnered with InMindOut to serve your learning needs by offering a wide range of services. Courses are available in both online and in-person formats. (LA)

MedWand (Todd Cornell) Participates in Salus Project to Operate Mobile Clinics in Egypt

MedWand CEO Todd Cornell recently joined project leaders at the Vatican for a blessing ceremony led by Pope Francis to celebrate the "Salus Project," a collaboration with Associazione Bambino Gesù del Cairo Onlus, bringing mobile clinics to underserved regions in Egypt. Equipped with cutting-edge medical tools, including MedWand devices, these clinics empower providers to deliver care directly where it's needed most, addressing urgent healthcare needs. MedWand is proud to contribute to this important work alongside partners like Teladoc Health, R.I. Group S.p.A., and more. (OC)

Providence Digital Innovation Group (Marcee Chmait) Explores Where Health Care Should Go Next

A recent article from Providence DIG - Innovating for the Future: Where Health Care Should Go Next - shares the areas they believe warrant attention, as well as those they're leaving behind. In summary, Providence wants engagement rather than outreach, increased access amid workforce challenges, achieving interoperability internally first, and they are exploring new funding models. (LA)

TECH INDUSTRY NEWS & TRENDS
TRUMP & TECH BUSINESS
Trump Announces $500 Billion AI Infrastructure Investment in US

Three top tech firms have announced that they will create a new company, called Stargate, to grow artificial intelligence infrastructure in the U.S. OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Oracle Chairman Larry Ellison appeared at the White House Tuesday afternoon alongside President Trump to announce the company, which Trump called the "largest AI infrastructure project in history." The companies will invest $100 billion in the project to start, with plans to pour up to $500 billion into Stargate in the coming years. The project is expected to create 100,000 US jobs, Trump said.
               AI leaders have for months been sounding the alarm that more data centers - as well as the chips and electricity and water resources to run them - are needed to power their AI ambitions in the coming years. Oracle is among the biggest US data center operators. And SoftBank has the kind of deep pockets needed to fund the expansion of AI infrastructure, which is expected to cost billions of dollars.
               In a policy white paper published last week, OpenAI said investment in US AI infrastructure can ensure that US AI tools win out over Chinese technology, as well as creating new US jobs and economic opportunities, and urged the US government to create "foundational strategy to ensure that investment in infrastructure benefits the most people possible and maximizes access to AI." The brief estimated that there are "$175 billion sitting in global funds awaiting investment in AI projects." Oracle said in a statement that the Stargate project "will secure American leadership in AI, create hundreds of thousands of American jobs, and generate massive economic benefit for the entire world. This project will not only support the re-industrialization of the United States but also provide a strategic capability to protect the national security of America and its allies."
               SoftBank will have financial responsibility for Stargate and OpenAI will have operational responsibility. A fourth partner, MGX, is also contributing funding. (https://www.cnn.com/2025/01/21/tech/openai-oracle-softbank-trump-ai-investment/index.html)

Trump Rescinds Biden Executive Order in AI Regulatory Overhaul

President Trump kept his campaign promise to repeal former President Biden's AI-focused executive order, issued in October 2023. The executive order required advanced AI developers to submit safety results to the federal government. The provisions also called for standards-setting, procurement process changes and the creation of the U.S. AI Safety Institute but stopped short of imposing consequences for non-compliant businesses.
               Trump appointed Silicon Valley investor and entrepreneur David Sacks as White House AI and Crypto Czar, tasked with guiding the administration's policy. Analysts suggested the pick proved to be another sign of easing restraints on AI innovation. U.S. business leaders could potentially encounter AI oversight as part of efforts by antitrust and intellectual property protection watchdogs. The FTC is now led by Andrew Ferguson, who was announced in December as President Trump's pick and previously served as a commissioner for the agency. (https://www.ciodive.com/news/Trump-AI-executive-order-repeal-Biden-era-regulatory-overhaul/737883/)

TSMC is Confident its CHIPS Act Funding Will Continue Under Trump

President Trump has accused Taiwan of "stealing" his country's chip industry. But Taiwan's biggest chip company is confident the administration will continue funding its projects in the U.S. Taiwan Semiconductor Manufacturing Co has been promised $6.6 billion under the Biden administration's CHIPS and Science ACT to help build three cutting-edge chip fabrication plants in Arizona as part of U.S. efforts to onshore chip manufacturing. Speaking to CNBC's Emily Tan, TSMC CFO Wendell Huang said the funding was expected to continue to roll in gradually under Trump as the fabrication plants pass construction and production milestones. Following some production delays, the first fabrication plant in Arizona started producing advanced chips in the fourth quarter of last year, Huang said. He added that the construction of two plants in Arizona was on track, with the second expected to be operational in 2028. (https://www.cnbc.com/2025/01/19/tsmc-confident-in-continued-chips-act-funding-under-trump-says-cfo.html)

How to Handle Your H-1B Visa Skilled Workers Under Second Trump Term

Companies using the H-1B visa program to hire skilled workers from abroad should prepare for an application process that takes longer and costs more, along with site visits and heavier regulation of the program, according to an attorney specializing in employer-based immigration. Having campaigned on an immigration-heavy platform, pledging significant changes, then-president-elect Trump has discussed deporting millions of undocumented people. However, legal immigration is also expected to be affected and many employers are bracing for potential disruptions in the H-1B program, which offers 85,000 visas annually to highly educated workers with specialized skills.
               A Biden administration modernization of the H-1B rules, took effect on January 17. The changes were designed to make the 35-year-old worker program more flexible for employers, and harder to change dramatically by administration. Biden's modernization also gave the executive branch more oversight tools to monitor H-1B compliance. (https://www.legaldive.com/news/how-to-handle-your-h-1b-visa-skilled-workers-under-next-trump-term/737175/ )

CalMatters is Tracking California's Lawsuits Against New Trump Administration

California's Democratic leaders have set aside tens of millions of dollars to challenge President Trump's executive orders and policies. Meanwhile, President Trump signed a flurry of executive orders moments after being inaugurated president, and many of them could directly affect California. These orders include revoking licenses for offshore wind which may shut down proposals off the coast of Humboldt County and Morro Bay, a more aggressive targeting of undocumented immigrants living throughout the state, and a strong embrace of fossil fuels which could impact air quality standards, the state's electric vehicle mandate and funding for green initiatives. California officials used the courts to defend itself during Trump's first administration, suing the federal government at least 123 times and winning two out of every three cases. The state's Democratic leaders began preparing for new cases months before Trump took office by writing briefs and setting aside tens of millions of dollars for expected court fights. Now, as Trump's second term begins, the state is already filing lawsuits. CalMatters is tracking these cases as they are filed: https://calmatters.org/politics/2025/01/california-trump-lawsuits/

BIDEN ADMINISTRATION'S FINAL DAYS & TECH BUSINESS
Biden White House Released Rules on AI, Chip Exports

The Biden White House recently unveiled new guardrails for AI development and advanced computing chip exports, just days before the end of President Biden's term. The rules create a tiered system for access to high-end processors and computing power, ultimately restricting AI chip and model weight access for countries not included in a list of 18 key allies. The new rules will also limit offshoring data center operations for AI development. Organizations have a 120-day period to provide commentary on the export and model weight restrictions, giving the Trump administration control over changes moving forward. Analysts expect the Trump administration to govern with a light regulatory touch. (https://www.ciodive.com/news/White-House-Biden-Administration-AI-model-weights-chip-export-rules/737215/) (https://www.whitehouse.gov/briefing-room/statements-releases/2025/01/13/fact-sheet-ensuring-u-s-security-and-economic-strength-in-the-age-of-artificial-intelligence/)

MEANWHILE, Biden's AI Diffusion Rule Met with Heavy Backlash

Experts have criticized then-President Biden's recent Interim Final Rule on Artificial Intelligence Diffusion, saying that the rule could hamper U.S. competitiveness. The rule builds on existing semiconductor and AI export controls by adding controls on advanced computing chips and software, including closed AI model weights, or the training that shapes how AI systems think and respond to queries. It also creates new licensing expectations for companies. The rule aims to "keep advanced AI models out of the hands of malicious actors," according to the Department of Commerce's Bureau of Industry and Security. Nvidia lambasted the AI diffusion rule. Ned Finkle, Nvidia's vice president of government affairs, said while "cloaked in the guise of an 'anti-China' measure, these rules would do nothing to enhance U.S. security." Finkle's blog post described the AI diffusion rule as a "sweeping overreach" that imposes bureaucratic control on not just semiconductors, but also computers, systems, and software designed and sold globally. (https://www.techtarget.com/searchcio/news/366618034/Bidens-AI-diffusion-rule-met-with-heavy-backlash)

Biden Administration Rolled Out Wide-Reaching Cybersecurity Executive Order

The Biden White House rolled out a highly anticipated executive order on January 16 to combat a rising level of sophisticated attacks targeting U.S. government agencies, critical infrastructure providers and high-profile individuals by state-linked threat groups and other malign actors. The executive order gives the U.S. more authority to level sanctions against malicious actors that have disrupted hospitals and other critical providers. Federal authorities also plan to leverage the government's $100 billion in annual IT spending to make sure technology companies develop more secure software. (https://www.cybersecuritydive.com/news/biden-cybersecurity-executive-order/737527/)

WORKFORCE & BUSINESS TRENDS
These Tech Skills Drove Biggest Salary Increases Over Past Year

The average technology professional now earns $112,521 a year across all disciplines, reflecting a 1.2% year-on-year increase, according to Dice's latest tech salaries report, based on the responses of 2,835 tech professionals conducted in the fall of 2024. IT executives and managers lead the pack by a wide margin, earning almost $170,000 annually on average. Developers tend to earn close to $130,000 annually.

Average annual earnings by job title:
1) IT management (CEO, CIO, CTO, VP, and director): $168,345
2) Software developer: $128,386
3) Project manager: $121,237
4) Other IT: $114,423
5) Business analyst/intelligence analyst: $102,500
6) QA engineer/tester: $96,917
7) Systems administrator: $93,783
8) Data analyst: $83,990
9) IT support: $67,746
10) Helpdesk technician/computer or desktop support specialist: $57,234

Skills that had the largest average salary increases over the past year:
- Natural language processing: $131,621 (+21%)
- AWS CodeWhisperer: $117,821 (+16%)
- Amazon Redshift: $134,103 (+15%)
- BigQuery: $120,434 (+15%)
- COBOL: $130,243 (+15%)
- Ruby: $136,920 (+13%)
- AI: $130,277 (+12%)
- Blockchain: $113,143 (+12%)
- Oracle eBusiness: $121,227 (+12%)
- Application delivery: $123,336 (+11%) (https://www.zdnet.com/home-and-office/work-life/these-tech-skills-drove-the-biggest-salary-increases-over-the-past-year/)

Tech Talent Market Wraps 2024 on a High Note

Despite setbacks throughout much of last year, 2024 ended on a high note as employers across the economy added 7,000 net new technology positions, according to a review of U.S. Bureau of Labor Statistics published recently by CompTIA. Software engineering, cybersecurity, and data science are among the key drivers of growth. According to CompTIA, two-thirds of organizations expect to train existing workers to fill cybersecurity, software, data, and other IT skill gaps, an increase from 59% in 2024. (https://www.ciodive.com/news/jobs-report-december-IT-CompTIA/737084/)

Cyber Disruptions Remain Top Business Risk Concern in US, Globally

Cybersecurity risk, including ransomware, data breaches and IT disruptions, remained the top business concern in the U.S. and worldwide over the past year, according to the Allianz Risk Barometer released recently. Cyber incidents topped the global list of business risks for the fourth consecutive year, representing more than 1 in 3 of those surveyed in the report. The margin between the top business risks was the widest ever, with a 7% gap between cyber and business interruption, the second largest global concern. The report is based on a survey of almost 4,000 risk management experts in 106 countries and territories. The executive respondents include risk managers, brokers, CEOs and insurance experts. (https://www.ciodive.com/news/cyber-business-risk-us-globally/737734/)

LOOKING AHEAD: TECH TRENDS
CES 2025 Wrap-Up: "The Future Of Tech Is Brighter, Smarter And Picks Up After Itself"

This year's CES 2025 highlighted particularly significant developments in display technology, AI-powered computing and home automation, reports Forbes, which shares some of the most influential products and key trends from this year's show. In summary they include:
- The display segment saw significant advances in panel technology and processing capabilities.
- The computing segment demonstrated how AI is continuing its integration across different device categories.
- Several manufacturers pushed the boundaries of traditional device design (e.g., a rollable screen).
- Significant advances in both home automation and health monitoring technology, with devices becoming more capable of complex physical interactions and health analysis (such as a smart mirror concept that integrates health monitoring; OTC glucose monitors; and wearable smart ring with integrated ECG capability, AFib detection and digital sizing technology). (https://www.forbes.com/sites/esatdedezade/2025/01/10/ces-2025-wrap-up-the-future-of-tech-is-brighter-smarter-and-picks-up-after-itself/)
                ALSO, ZDNET teamed up with the rest of CNET Group (CNET, PCMag, Mashable, and Lifehacker) and the Consumer Technology Association (CTA) to name the official Best of CES 2025 award winners in 12 categories. (https://www.cnet.com/tech/these-are-the-official-2025-best-of-ces-winners-awarded-by-cnet-group/)
                AND, CTA has published CES.tech for all of its video on-demand from the event.

Microsoft Plans to Pour $80B into Cloud Data Centers

Microsoft expects to spend roughly $80 billion on AI-enabled data centers to train large language models and deploy AI and cloud-based applications during its current fiscal year, which runs through June 30, the company's Vice Chair and President Brad Smith said recently. More than half of the investments will be in the U.S. AI workloads triggered cloud capacity constraints last year, ratcheting up an ongoing data center building boom. AWS and Google Cloud, the two other global cloud giants, are also pouring billions into AI infrastructure, driving massive growth in the data center market. (https://www.ciodive.com/news/microsoft-ai-cloud-datacenter-investments-surge/736574/)

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