Dr. Partha Ghosh, author of the new book India Towards 100: A Call for Reset, participated in Risk Roundup to discuss the Need For An Alternative Socioeconomic Model.

Risk Roundup: Need for an Alternative Socioeconomic model

Need For An Alternative Socioeconomic Model

Emerging technologies are revolutionizing every aspect of society. The rapidly emerging technological tsunami in all human domains has leveled the playing field and brought countries an unprecedented possibility of progress.

History says that there has never been a lasting empire or civilization. The world as we see it is full of the debris of past empires. Today, cyberspace has brought each country to a juncture of revival and reformation or inevitable decline. So when the world is undergoing a profound and lasting shift in the relative balance of power due to the geopolitics of emerging technologies and the changing power dynamics, it is necessary to understand where we are going.

Because it is a known fact that nations generally fall from within, and the downfall is perhaps due to being unable to take advantage of their society’s substantial socio-economic potential for growth. However, what is more, tragic is that this kind of failure is essentially caused by the structural design of tilted and biased systems.

So, when we look at the different aspects of how each country has evolved over the years and what mistakes were made, the lessons will help us to better tomorrow.

Complex Challenges

Undoubtedly, there are complex challenges. Nations today face myriad challenges of inclusive and sustainable growth, requiring a paradigm shift in our systems and models. As a result, there is a need to define new ways, models, and systems to develop an alternative economy.

The challenges ahead are significant, but equally notable are the possibilities. Therefore, we must pause and evaluate how to overcome the obstacles. Then, with a new mindset, new tools, and constructive energy, we must explore the new horizons of technology transformation, cultural clashes, and socioeconomic problems. Together, we need to find new pathways that will accelerate the global socioeconomic progress towards a more enlightened state of humanity. The time is now to discuss the need for an alternative socioeconomic model!

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About the Guest

Partha S. Ghosh is a policy advisor and a strategist for Corporates and Governments. He is known worldwide as an innovator of Business and Economic models and currently enjoys advisory relationships with multiple organizations in more than half a dozen nations. Earlier, Mr. Ghosh was a partner at McKinsey & Company and is the founder/Managing director of the Strategy/Policy advisory firm Partha S. Ghosh & Associates. He has also chaired several startups such as Boston Analytics, Global-Online, and Intersoft Japan.

He has two advanced Engineering (MS) and Management (MBA) degrees from the Massachusetts Institute of Technology. He did his undergraduate work at the Indian Institute of Technology.

About the Host of Risk Roundup
Jayshree Pandya (née Bhatt) is a leading expert at the intersection of science, technology, & security. She is a globally recognized futurist passionate about protecting the Future of Humanity. She serves in the C-Suite of leading emerging technology startups, actively applying her scientific background to designing systems. She has a Ph.D. in Microbiology for her 1986-1991 work on Hydrogen Production by Halobacterium halobium, for which she was also awarded a National Young Scientist Award in Biochemistry in 1988-89. In addition, she has done two postdoctoral fellowships, one at the University of Hawaii and another at the University of Chicago. She also did her Executive Education Program in Operations and Change Management at Rice University – Jesse H. Jones Graduate School of Management in 2000 – 2001. She founded Risk Group LLC in 2002 that evolved into a Strategic Security Risk Research Organization, Platform, and Community in 2015. She is also the host of the influential Risk Roundup Podcast on a mission to talk to a million decision-makers. She has already conducted more than 260 one-to-one interviews with top decision-makers worldwide. She is now leading the global discussions on emerging technologies, technology transformation, and nation preparedness.

Her scientific research has contributed to more than 30 peer-reviewed articles in top international journals. Moreover, her research across many other domains has contributed to more than 100 publications and is pursued to provide strategic security solutions. She wrote for Forbes in 2019-2020 and now writes regularly for Risk Group. In addition, she has published three Strategic Security Risk Reports and three books, The Global Age, The Quantum Threat, and Geopolitics of Cybersecurity. She is an invited speaker on emerging technologies, technology transformation, digital disruption, and strategic security risks from the National Science Foundation to leading organizations in the United States, Europe, and Asia. She can be reached at + (832) 971 8322 and followed on Twitter @jayshreepandya and LinkedIn @drjayshreepandya.

About Risk Roundup

Risk Roundup, a global initiative launched by Risk Group, is a security risk reporting for risks emerging from existing and emerging technologies, technology convergence, and transformation happening across cyberspace, aquaspace, geospace, and space. Risk Roundup is released in audio (Podcast) and video (Webcast) formats. It is available for subscription on the Risk Group Website, iTunes, Google Play, Stitcher Radio, Android, and Risk Group Professional Social Media.

About Risk Group

Risk Group is a Strategic Security Risk Research Platform and Community. Risk Group’s Strategic Security Community and Ecosystem is the first and only cross-disciplinary and collective community that is made of top scientists, security professionals, thought leaders, entrepreneurs, philanthropists, policymakers, and academic institutions from across nations collaborating to research, review, rate, and report strategic security risks to protect the future of humanity.

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