Investment in traditional providers of digital education, such as schools and universities, is a part of the solution. Yet lifetime skills training while in work is the one pathway for both businesses and the wider economy to match the pace of technological advancement. It's a pace that shows no signs of slowing, and will otherwise leave us behind.
Facebook now sees eight billion average daily video views and Snapchat users aren't far behind, sending more than seven billion photos and videos each day. They say sharing is caring - and that's true to an extent. But when you overshare or share the wrong information online, that can often lead to tricky conversations or unintended consequences.
To build a booming market for talent, this should include subsidised training for individuals and corporates, apprenticeships and particularly a strong effort or financial incentives to grow the take up and offerings of Cyber Security degrees. Promotion and awareness of the industry and the opportunities available needs to be wide reaching.
Self-driving cars share our roads; smartphones manage our lives; facial recognition systems help catch bad guys and sophisticated algorithms dethrone our Jeopardy and Go champions. Developing these technologies could obviously benefit humanity. But, then--don't most dystopian sci-fi stories start out this way?
There were a number of nods made to the technology industry during Osborne's speech last Wednesday, including pledges to fund the development of applications for the Internet of Things, smart cities and driverless cars. Yet while the boost was well received, there seemed to be little understanding of the real challenges currently facing the digital sector.
My first impression on arriving in Minsk was astonishment. I have been to many countries in Eastern Europe and several that were behind the old Soviet Iron Curtain, so I had a preconception of what I might see, but the first thing I noticed was that the road from the airport into the city was so smooth and new, it would be a skateboarders dream surface.
Imagine it was your first day in a new job... you'll spend time finding your way around filing cabinets and IT systems, reviewing information and locating documents you need to do your job... If the organisation you've joined has a solid information management process in place, this will be simple. If it doesn't, working life could quickly become a struggle.
Companies House just announced that it's making all of its documents available for free in 2015... it shows once again that the UK is a pioneer in data transparency... Companies House itself says, this move "will open up opportunities for entrepreneurs to come up with innovative ways of using the information."